Whilst the Group of Eight and the World Trade Organization chatter away to little effect, and Bill Gates ponders how to tweak capitalism so that the "one billion people live on less than a dollar a day" can benefit from it, you may be wondering if there isn't a better way to organize society. In the 20th century the alternative most often put forward was communism. That doesn't seem to have worked out terribly well either though.

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Back in January Bill Gates spoke about what he called "Creative Capitalism" at the World Economic Forum in Davos, Switzerland. This week he has written an article for Time magazine entitled "How to Fix Capitalism". It's interesting that Bill, once the richest man in the world, thinks that capitalism is broken. As he puts it:

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