"Our priorities are tilted by marketplace imperatives," [Bill Gates] said. "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."
Malaria already has a great solution called DDT. Gates is upset that people aren't spending a ton of money on difficult scientific research to address a problem which doesn't directly affect their lives and is caused by governments.
We don't need a malaria vaccine, we need the governments of rich countries to stop depriving poor countries of the wonderful, cheap anti-malaria technology we already have. The West has killed millions of third world poor people. There is a genuine lack of empathy here, but Gates isn't pointing it out, he's just attacking capitalism which isn't at fault for government technology bans.
And the other side of the issue is the governments (or lack thereof) in third world countries. Why do they get malaria when we don't? Because they are poor. They have too many swamps and too little civilization. And why are they poor? Lack of capitalism. Lack of liberalism. Violence. Bad governments that don't provide law and order. Corrupt governments. Local thugs who won't being stopped by the police (and sometimes are the police).
Bill Gates ought to know about this. He's a major philanthropist. But you can't just throw money at a country full of corruption, violence and theft. Then you're just giving money to the thugs. (Or if not money, then food, medicine, etc.)
Capitalism is a system that has offered opportunities and success to millions, but it’s time it helped all people and the planet thrive. As Paul said: “When we begin to put justness on par with profits, we get the most valuable thing in the world. We get back our humanity.”
Capitalism is a system that has offered opportunities and success to millions. But lets stop now while there are still billions of poor ppl in China, India, etc, who want opportunities and success. Fuck them, all my friends are rich enough.
Elon Musk personally cancels blogger's Tesla order after 'rude' post
What a bastard who doesn't like criticism, doesn't value customers, doesn't have the ethos of "the customer is always right", and isn't willing to treat business transactions impersonally.
Imagine if Kellogg's wouldn't sell cereal to some health food blogger who criticized their sugary cereals. That'd be ridiculous and wouldn't fit the wonderful capitalist attitude of not messing up a trade for mutual benefit over some separate issue.
The path to the CEO's office should not be through the CFO's office, and it should not be through the marketing department. It needs to be through engineering and design.
There should be more than one path to the CEO's office!
Musk doesn't respect money and profit. CFOs tell you if you're making or losing money. In other words, are you wasting resources or creating more than you use? And he doesn't care about that. He pursues massive government subsidies while pushing expensive solar power.
And disrespecting the marketing department is bad too. The marketing department is the communications department. You have to communicate the value of your product to people. Making something people understand and want is important.
It's not as though we can keep burning coal in our power plants. Coal is a finite resource, too. We must find alternatives, and it's a better idea to find alternatives sooner then wait until we run out of coal, and in the meantime, put God knows how many trillions of tons of CO2 that used to be buried underground into the atmosphere.
We have a lot of coal left. Switching isn't just the sooner the better. Why does he refuse to consider prices? As we start getting low on coal then prices will go up and we'll switch efficiently. He wants to just switch now, never mind price. He doesn't care about economic efficiency. He doesn't understand the basics of capitalism.