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...philanthropy channel our caring for those who can't pay. And the world will make lasting progress on the big inequities that remain - problems like AIDS, poverty and education - only if governments and nonprofits do their part by giving more aid and more effective aid. But the improvements will happen faster and last longer if we can channel market forces, including innovation that's tailored to the needs of the poorest, to complement what governments and nonprofits do. We need a system that draws in innovators and businesses in a far better way than we do today...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...just about doing more corporate philanthropy or asking companies to be more virtuous. It's about giving them a real incentive to apply their expertise in new ways, making it possible to earn a return while serving the people who have been left out. This can happen in two ways: companies can find these opportunities on their own, or governments and nonprofits can help create such opportunities where they presently don't exist...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...poorest two-thirds of the world's population has some $5 trillion in purchasing power. A key reason market forces are slow to make an impact in developing countries is that we don't spend enough time studying the needs of those markets. I should know: I saw it happen at Microsoft. For many years, Microsoft has used corporate philanthropy to bring technology to people who can't get it otherwise, donating more than $3 billion in cash and software to try to bridge the digital divide. But our real expertise is in writing software that solves problems, and recently...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...started our foundation because we want to be part of a different movement - this time, to help create a world where no one has to live on a dollar a day or die from a disease we know how to prevent. Creative capitalism can help make it happen. I hope more people will join the cause...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...from the whole status thing at reunions, so a business logo didn't feel right," says Stripling, whose card was a buzz-generating hit at Williams College. "Having my own little logo frees me up. It's a way to be expressive of me outside of whatever job I happen to be doing at the time...

Author: /time Magazine | Title: May I Offer You My Calling Card? | 7/31/2008 | See Source »

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