Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

cal04

(41,505 posts)
Tue Oct 27, 2015, 08:05 PM Oct 2015

Bill Gates just endorsed socialism, sort of: A boost for Bernie Sanders?

Bill Gates, the former Microsoft CEO-turned philanthropist, says the private sector won't solve climate change. Did Gates just endorse a socialist solution?

Bill Gates, the billionaire computer maven who owes his fortune to capitalism, recently made comments that appeared to endorse socialism – and it might be an inadvertent boon for Bernie Sanders.

In an interview with Atlantic that made headlines across the Internet, the former Microsoft CEO-turned philanthropist argued that "the private sector is in general inept" as a tool to manage climate change because "there's no fortune to be made," and that the only solution lies with government. ...

Governments, he said, must dramatically increase spending on research and development to combat climate change. Private companies should play a supporting role by paying the costs of rolling out those technologies.

http://www.csmonitor.com/USA/Politics/2015/1027/Bill-Gates-just-endorsed-socialism-sort-of-A-boost-for-Bernie-Sanders

‘We Need an Energy Miracle’
Bill Gates has committed his fortune to moving the world beyond fossil fuels and mitigating climate change.
http://www.theatlantic.com/magazine/archive/2015/11/we-need-an-energy-miracle/407881/

Bill Gates: ‘The Private Sector Is Inept’, Only Socialism Can Save The Planet (VIDEO)
http://www.addictinginfo.org/2015/10/27/bill-gates-the-private-sector-is-inept-only-socialism-can-save-the-planet-video/
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Bill Gates just endorsed socialism, sort of: A boost for Bernie Sanders? (Original Post) cal04 Oct 2015 OP
Bill Gates retrowire Oct 2015 #1
Thanks Bill. Erich Bloodaxe BSN Oct 2015 #2
This is a big step and a welcome one from someone like Gates. And the West Coast is Feeling appalachiablue Oct 2015 #3
K & R! (eom) mak3cats Oct 2015 #4

Erich Bloodaxe BSN

(14,733 posts)
2. Thanks Bill.
Tue Oct 27, 2015, 08:09 PM
Oct 2015

But I think he's mistaken about there being no fortune to be made on finding climate change solutions. Corporations are always good at finding ways to make fortunes, whether on booms or busts. Just as fortunes have been made on exacerbating climate change, other fortunes will be made in fighting it. Probably by subcontractors feeding off of taxpayer dollars.

appalachiablue

(41,171 posts)
3. This is a big step and a welcome one from someone like Gates. And the West Coast is Feeling
Tue Oct 27, 2015, 09:01 PM
Oct 2015

the Bern with destructive climate change and the campaign of Bernie Sanders.

Latest Discussions»Retired Forums»Bernie Sanders»Bill Gates just endorsed ...