From a must read issue of Forbes.
"And those were just some of the billionaires willing to speak on the record. Virtually everyone I talked to acknowledged the need for change. Some incremental and many systemic; some spoke in whispers, many in full-throated pleas for “reform” or “a reboot.” The rock star Bono had perhaps the most poetic suggestion: a reimagination.
If such a term conjures Steve Jobs or Walt Disney, two of capitalism’s visionary saints, so be it. Entrepreneurial capitalism remains, objectively, the best system ever invented to create and distribute prosperity, and if you look at the billion-plus people in China, India and elsewhere who were lifted from extreme poverty in the past two decades, it remains easy to sing its praises. The dynamism remains true in the U.S., too. Of The Forbes 400 list of richest Americans, 67% are self-made and 11% are immigrants. “America works, and it works now better than it ever worked,” Buffett says."
You may enjoy this Bill and Melinda Gates discussion about billionaires and philanthropy
Forbes
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