John Paczkowski

Recent Posts by John Paczkowski

How's This for "Creative Capitalism"?

gates_hands.jpg

We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well. I like to call this idea creative capitalism.”

–Microsoft Chairman Bill Gates, Jan. 24 2008

Just a few hours after Microsoft Chairman Bill Gates called for a “creative capitalism,” the company he founded proved that old-school capitalism is alive and well.

Microsoft reported an impressive second quarter, blowing the doors off Wall Street expectations and offering some optimistic guidance for 2008. Net income rose 79% from a year ago, and
quarterly revenue jumped 30% amid a surge in sales of the Windows OS and the Xbox 360. A strong showing made stronger still by third quarter and full-year forecasts that exceed even the most optimistic projections.


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Knowledge for my generation was at the center of the human quest. It is going the way of the recording industry. It is a term that won’t survive the generation.

— David Weinberger, researcher at Harvard’s Berkman Center for the Internet and Society, from a lecture last Wednesday at the University of California at Berkeley’s School of Information