Bill Gates, the founder of Microsoft, last night called for a new version of global capitalism that delivered benefits to the poor as well as the rich.
Speaking at the World Economic Forum in Davos, the software entrepreneur and one of the world's richest men said there was a need for "a creative capitalism" that would use market forces to address the needs of the world's poorest countries.
"We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well," Gates said in a keynote address.
"The world is getting better in many crucial ways," Gates said. "I'm an optimist but I'm an impatient optimist. Things are not getting better fast enough and they are not getting better for everyone."
Gates added that the least needy were seeing the biggest improvements in their lives while the most needy were seeing the least improvement.
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