My reaction to creative capitalism as lauded by Bill Gates, ...

My reaction to creative capitalism as lauded by Bill Gates, Warren Buffett, Michael Kinsley, and (somewhat to my surprise), Professor Glaeser of the Harvard Economics Department is a skeptical one. The embrace of massive corporate charity, the criticism of capitalism by its greatest beneficiaries, and the frequent resort by the advocates of creative capitalism to platitudes (such as: the world is getting better, but not fast enough and not for everyone ; today's miracles of technology only benefit those who can afford them ; economic demand is not the same as economic need), along with the vagueness of the term itself, leave me with an uncomfortable feeling.

Richard Posner

"Against Creative Capitalism" (2008), published in Creative Capitalism: A Conversation with Bill Gates, Warren Buffett, and Other Economic Leaders.