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Growth based on debt is unsustainable, artificial.

At the end of the day, philanthropy can only ever be an adjunct to what governments provide. And government coffers need to be replenished.

The United States is at a critical juncture in time. Our government is riddled with historic debt, and the limited resources of philanthropic and non-profit efforts cannot meet the scale of social challenges we face with necessary force.

The human world is a long way from meeting the needs of the present, and it is borrowing massively from the future - not only by piling up money debt, but also by degrading the resources from which all real wealth ultimately comes.

Government can't create wealth, but it can create the conditions for private enterprise to flourish.

Large-scale philanthropy, based in the private - not the public - sector, is a relatively recent historical development.

Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary.

Most people work for the private sector, which cannot exist without profit.

The public in many countries is understandably concerned by the commitment of substantial government resources to aid the financial industry when other industries receive little or no assistance. This disparate treatment, unappealing as it is, appears unavoidable.

Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt.