Improving the health & productivity of the poorest is one of the best investments you can make in the future of the world
Bill GatesWell, jobs are a great thing. You have to be a bit careful: If you raise the minimum wage, youโre encouraging labor substitution and youโre going to go buy machines and automate things - or cause jobs to appear outside of that jurisdiction. And so within certain limits, you know, it does cause job destruction. If you really start pushing it, then youโre just making a huge trade-off.
Bill GatesChina adopted a capitalist system in the 1980s, and they went from a 60% poverty rate to 10%.
Bill Gates