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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBill Gates blasts capitalism - research for 'male baldness gets more funding than malaria
Billionaire Bill Gates criticized capitalism saying that it causes fundraising efforts to go to trivial issues that bother rich people a opposed to global health epidemics that are devastating the poor.
The Microsoft founder was speaking at a conference about his latest philanthropic push to end malaria, saying that it gets slighted in terms of funding because the ones with the checkbooks are typically men in wealthy countries.
'The malaria vaccine in humanist terms is the biggest need. But it gets virtually no funding. But if you are working on male baldness or other things you get an order of magnitude more research funding because of the voice in the marketplace than something like malaria,' he said.
He said that the way to fix the disparity is to address this 'flaw in the pure capitalistic approach.'
http://www.dailymail.co.uk/news/article-2294205/Billionaire-Bill-Gates-blasts-capitalism-saying-reason-research-male-baldness-gets-funding-malaria.html
MadHound
(34,179 posts)One who made his fortune off of cutthroat, crony capitalism.
All he is doing is the same as other capitalists who've made it big, trying to polish his legacy.
socialist_n_TN
(11,481 posts)Once they've played the system to the point where you or your descendants to the nth degree, never need to worry about money again, you start playing the philanthropist.
Yo_Mama_Been_Loggin
(107,946 posts)How about dealing with the message?
MadHound
(34,179 posts)An uber capitalist, who made his obscene fortune through ripping off others, exploiting labor and squeezing consumers is now saying there's something wrong with capitalism? You know, this is a revelation that most folks have before they make their first million.
This is nothing more than legacy polishing, much like every other Master of the Universe does after they've made their fortune. They want to insure that history treats them kindly instead of damning them for the thieving, exploitive uber capitalists that they are.
Yo_Mama_Been_Loggin
(107,946 posts)My guess is once challenged to give examples you won't reply.
Logical
(22,457 posts)dkf
(37,305 posts)Geez where has he been?
Ter
(4,281 posts)No offense, but I'd rather they find a cure for baldness.
socialist_n_TN
(11,481 posts)Baldness won't kill me or anyone else, but malaria does.
Yo_Mama_Been_Loggin
(107,946 posts)Ter
(4,281 posts)This may sound selfish, but I never even knew anyone with malaria. Curing it doesn't affect my life at all. Curing baldness does. If that's selfish, so be it.
octothorpe
(962 posts)than make it so I always have a full head of hair. Death is far shittier than baldness.
I'd even go as far to say I'd go bald if it meant just one life could be spared from some deadly disease.
That being said, I kinda hope they can do both.
MindPilot
(12,693 posts)I don't see the problem.
randome
(34,845 posts)You could put both those issues up for an Internet vote and probably male baldness would still win out.
Maybe if a 'weighting factor' such as how many deaths could be prevented was added...