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Peter Buffett: The Charitable-Industrial Complex

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It’s time for a new operating system.Not a 2.0 or a 3.0, something built from the ground up.What we have is a crisis of imagination.Albert Einstein said you cannot solve a problem with the same mind-set that created it.Foundation dollars should be the best “risk capital” out there.There are people working hard at showing other ways to live in a functioning society that truly creates greater prosperity for all(and I don’t mean more people getting to have more stuff).Money should be spent trying out concepts that shatter current structures and systems that have turned much of the world into one vast market.Is progress really Wi-Fi on every street corner?No.It’s when no 13yearold girl on the planet gets sold for sex.But as long as most folks are patting themselves on the back for charitable acts,we’ve got a perpetual poverty machine.It’s an old story;we need a really new one.

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