Bill Gates again (again)

Thanks to Bill Gates’ confession, we now know what unchecked capitalism looks like.

Last week, Gates said:

“The greatest mistake ever is the whatever mismanagement I engaged in that caused Microsoft not to be what Android is, [meaning] Android is the standard non-Apple phone form platform. That was a natural thing for Microsoft to win.”

“It really is winner take all,” he said. “If you’re there with half as many apps or 90% as many apps, you’re on your way to complete doom. There’s room for exactly one non-Apple operating system, and what’s that worth? $400 billion that would be transferred from company G [Google] to company M [Microsoft].” https://www.aol.com/article/finance/2019/06/24/bill-gates-says-his-greatest-mistake-ever-was-failing-to-create-android-at-microsoft/23755420/

According to Gates, his failure to increase his enormously wealthy company’s value by $400 billion was a terrible mistake. And the world is suffering how? Oh–I forgot–unchecked capitalism is not about reducing suffering. It’s about $400 billion more, after which it’s about $400 trillion more (and so on).