A Quote by Bill Gates on business, capitalism, conscious capitalism, conscious business, and creative capitalism

Why do people benefit in inverse proportion to their need? Well, market incentives make that happen.

In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.

The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.

But to harness this power so it benefits everyone, we need to refine the system.

Bill Gates

Source: Bill Gates: World Economic Forum 2008: http://www.microsoft.com/Presspass/exec/billg/speeches/2008/01-24WEFDavos.mspx

Contributed by: ~C4Chaos