There’s no denying the Corporate greed is rampant in America. All one has to do is observe the CEOs of major financial institutions, like CitiGroup and Merill Lynch, who’s respective companies suffered billions of dollars in losses as a result of their management, but who still walked away with a tidy financial package, to realize that there is something wrong.

But a new collection of wildly successfully CEOs seeking to apply successful strategies and technology acquired in marketplace competition to the underprivilaged and poverty stricken have made headlines over the past two weeks. First, Bill Gates delivered a speech last week on the pressing need to spread the benefits of technological innovation to the rest of the world.

That speech was followed shortly thereafter by the announcement from Google about it’s plans for allocating about 30 million dollars in funding and assets, plus invaluable employee time from some of America’s best and brightest, to fighting international battles in the war on poverty.  Some of the targets of their generosity include preventing epidemics by identifying potential “hot spots” from which disease could spread; improving the flow of communication for the public services of third world countries; aiding small to mid-sized businesses; and aiding in the commercialization of plug-in vehicles.

While analysts argue the merits and potential success of the efforts of philanthropists like Bill Gates, or the Google boys, all I can see is the reason that we, as Americans, should feel free to love our capitalism.  The innovation and excitement inspired by capitalism has produced billions, even trillions, of dollars in growth since the country was founded.  When those same companies choose to spread the fruits of their success around the world, they have an edge on government programs or non profits because skills have been sharpened in a market place where there are no second chances.  Every move counts, and the efficiency that is born out of such an environment as tremendous potential.

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