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"Creative Capitalism": Can It Meet the Needs of the World's Poor?

January 30, 2008
by Bradley Center

 

Transcript Now Available! Click here (PDF format, 29 pages, 218 KB)

 

A complete, edited transcript is now available of the panel discussion on January 30 co-hosted by Hudson Institute's Bradley Center for Philanthropy and Civic Renewal and Hudson Institute's Center for Global Prosperity entitled:

 

"Creative Capitalism": Can It Meet the Needs of the World's Poor?

 

Wednesday, January 30, 2008 - 12:00 to 2:00 p.m.
Hudson Institute - Betsy and Walter Stern Conference Center - 1015 15th Street, NW - Suite 600
Washington, DC 20005

 

 

Event Description

   William Easterly and Allen Hammond
Noting in his recent address to the World Economic Forum in Davos, Switzerland that “we have to find a way to make the aspects of capitalism that serve wealthier serve poorer people as well,” Microsoft’s Bill Gates called for a new system of “creative capitalism” -- “an approach where governments, businesses, and nonprofits work together to stretch the reach of market forces so that more people can make a profit, or gain recognition, doing work that eases the world’s inequities.”       

Others are not so certain that development pursued by well-meaning experts working from the top down can ever make a dent in world poverty. Long-time critic of international aid WILLIAM EASTERLY, for instance, argues that:  “We don’t know what actions achieve development, our advice and aid don’t make those actions happen even if we knew what they were, and we are not even sure who ‘we’ are that is supposed to achieve development.”

 

Can Bill Gates’ “creative capitalism” make significant inroads against world poverty?  That question was addressed by Easterly along with Urban Institute Senior Fellow EUGENE STEUERLE and ALLEN HAMMOND, vice president for innovation at the World Resources Institute. Bradley Center Director WILLIAM SCHAMBRA moderated the discussion.

 

 

Program and Panel

 

11:45 a.m.
Registration, lunch buffet

 

12:00 p.m.
Welcome by Hudson Institute's WILLIAM SCHAMBRA

 

12:10
Panel discussion
WILLIAM EASTERLY, Brookings Institution and New York University
EUGENE STEUERLE, The Urban Institute
ALLEN HAMMOND, World Resources Institute

 

1:10
Question-and-answer session

 

2:00
Adjournment

 

 

For Further Information

 

To request further information on this event or the Bradley Center, please contact Kristen McIntyre at (202) 974-2424 or kmcintyre@hudson.org. For more information on the Center for Global Prosperity, please contact Samantha Grayson at samantha@hudson.org.

 

  

 

 



Hudson Institute's Bradley Center for Philanthropy and Civic Renewal aims to explore the usually unexamined intellectual assumptions underlying the grantmaking practices of America’s foundations and provide practical advice and guidance to grantmakers who seek to support smaller, grassroots institutions in the name of civic renewal.

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Civic Institutions, Civil Society, Foundations, Philanthropy

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