LA Times Tags Gates Foundation for Harmful Investments
January 6, 2007 4:30 PM Subscribe
The LA Times tagged the Gates Foundation today
for harmful investment practices. The Gates Foundation
generally gets only positive PR for their great work on global health. But today the LA Times presented startling evidence that the foundation's own investments are actually causing much of the harm in the communities where the foundation is working. As the poster child of the free market capitalist system, is it time for Gates
to ask whether globalization
is a primary cause of the third world poverty his foundation is trying to fix?