U2 singer Bono says he realized commerce and capitalism help poor people, not the redistribution of resources"I ended up as an activist in a very different place from where I started. I thought that if we just redistributed resources, then we could solve every problem. I now know that’s not true," Bono explained.

"There’s a funny moment when you realize that as an activist: The off-ramp out of extreme poverty is, ugh, commerce, it’s entrepreneurial capitalism," he added. "I spend a lot of time in countries all over Africa, and they’re like, eh, we wouldn’t mind a little more globalization actually. I would point out that there has been a lot of progress over the years."

He went on to point out that businesspeople are heroes because they bring jobs to communities.

"Capitalism is a wild beast. We need to tame it," Bono said. "But globalization has brought more people out of poverty than any other -ism. If somebody comes to me with a better idea, I’ll sign up. I didn’t grow up to like the idea that we’ve made heroes out of businesspeople, but if you’re bringing jobs to a community and treating people well, then you are a hero. That’s where I’ve ended up."