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Creative Capitalism Watch Video Connection Speed: High Speed Low Speed    Event Title : Creative Capitalism Date : 1/26/2009 Duration : 01:32 minutes Language  : English Country/Region : World Keyword :  Economic Development  Poverty  Sustainable Development Presenter : Daniel Kaufmann Michael  Kinsley Michael Klein Djordjija  Petkoski John Williamson | Related Material | Recommendations |Related B-SPAN Videos |  DESCRIPTION  Washington D.C. – On January 26th, 2009, the World Bank in association with the Info Shop, presented Creative Capitalism: A Conversation with Bill Gates, Warren Buffet, and Other Economic Leaders. This new book, written by Michael Kinsley, provides a unique dialogue addressing a Bill Gates speech given last year on the topic of creative capitalism. The event was moderated by Michael Klein, with panelists including the editor Michael Kinsley and dialogue contributors Daniel Kaufmann, John Williamson and Djordjija Petkoski. Kinsley opened his presentation by focusing on the creative process behind the book, which was based on a series of emails and a blog that he maintained between colleagues. Kinsley explained that this unique form of expressing dialogue increased interest and appealed to readers living in a world of e-communication, who would rather read a series of email exchanges as opposed to a book. Next, Williamson discussed creative capitalism and how he felt it was really another way of describing corporate social responsibility. Williamson then discussed the role of profit maximization and balancing company responsibility without becoming vulnerable to external takeover. Kaufmann complemented the method surrounding the creation of the book and then went onto address issues concerning the theory of creative capitalism. Kaufmann proposed a more dynamic model to support momentum and also explained that while he was a strong believer in the ‘marvels of capitalism’, transparent capitalism would be a complimentary concept, adding value to existing proposition. Finally Petkoski added to the panel dialogue by discussing his experience with private companies involvement with poor countries and markets. Additionally, he explained that there is a general lack of knowledge regarding the markets in poor countries, an issue he felt needed to be addressed in order to make a real difference. Petkoski’s comments where followed by a question and answer session between the panel and audience.  RELATED MATERIALS   World Bank: Development Outreach Magazine World Bank: Corporate Social Responsibility & Labor Related World Bank and Other Links: WBI - Business, Competitiveness & Development WBI - Executive Development Program Creative Capitalism Blog IFC: Corporate Social Responsibility Davos Annual Meeting 2008, Bill Gates Speech on Creative Capitalism Related B-SPAN Events: Business, NGO’s and Development Business and Poverty: Opening Markets to the Poor RELATED B-SPAN EVENTS Economic Development (416) Poverty (258) Sustainable Development (77)