Bill Gates and Microsoft are not a story about hard work or even capitalizing on lucky opportunities. It’s a story about privilege and artificially creating conditions for success that the average person never can.
Bill Gates belonged to a well connected family. His father William H. Gates Sr., was a big shot attorney, and his mother, Mary Maxwell Gates, served on corporate and nonprofit boards, including the board of United Way (an international network of over 1,800 local nonprofit fundraising affiliates).
It was through the United Way board that she met the chairman of IBM at the time, John Opel, and it was this connection that helped Microsoft.
When IBM wanted an operating system for their consumer desktop computers, they chose Microsoft to be their partner. Microsoft didn’t even have an operating system at the time. Gates acquired the rights to an existing operating system called 86-DOS (also known as QDOS) from Seattle Computer Products and renamed it to MS-DOS and licensed it to IBM. So not only was he privileged, he was also not a gifted programmer or inventor as people tout him to be. He was just another rich kid who used his money and his parent’s connections to start a business.
An argument could be made here that this is no different from wealthy people in the past using their money and resources to become patrons for other artists and inventors. We wouldn’t have Windows or personal computers today if it weren’t for Gates and Microsoft. But the difference between then and now is that back then it was the artists and inventors who got the recognition and left a legacy, whereas now, nobody knows who the engineers are and these rich trust fund babies take all the credit.
Modern capitalism disproportionately rewards and memorializes capital allocation and ownership while underrecognizing the engineers, scientists, and designers whose technical labor makes these enterprises possible.

