This vision of a united globe with a coordinated economy managed by experts captures Schwab's vision of the post-COVID world. "We have to redefine the social contract," said Schwab at a 2020 WEF book launch event for The Great Reset.
These grand proclamations, the ominous book title, and Schwab's odd personal style have led many people to speculate that the "great reset" is part of a conspiracy of global financial elites and politicians to depopulate the planet so that they can more easily institute one-world government, or even that COVID was engineered to that end.
I don't buy it. Far-reaching, global conspiracies require levels of coordination and shared purpose likely to be quickly exposed and fall apart, especially in the networked age. Instead of spinning our wheels searching for a secret agenda, take a look at the one right out in the open.
"I think we are moving from short-term to long-term, from shareholder capitalism to stakeholder capitalism," said Schwab at his 2020 book event.
What Xi, the WEF, and people like Sen. Elizabeth Warren (D–Mass.) have in common is that they favor so-called stakeholder capitalism, which is a euphemism for making companies answer first to special interests. They want to reorganize corporate boards to include representatives from labor, environmental, and social justice groups. Warren proposed a bill to require 40 percent of large corporate board seats be elected by workers. In China, the state simply owns or controls a majority stake in most of the country's largest firms.
The WEF and many state leaders believe global coordination and governance is essential to manage global problems: climate change, international financial instability, and future pandemics. Ironically, it's not only Schwab's conspiratorial critics who place too much faith in central planners to manage the globe.
reason.com
These grand proclamations, the ominous book title, and Schwab's odd personal style have led many people to speculate that the "great reset" is part of a conspiracy of global financial elites and politicians to depopulate the planet so that they can more easily institute one-world government, or even that COVID was engineered to that end.
I don't buy it. Far-reaching, global conspiracies require levels of coordination and shared purpose likely to be quickly exposed and fall apart, especially in the networked age. Instead of spinning our wheels searching for a secret agenda, take a look at the one right out in the open.
"I think we are moving from short-term to long-term, from shareholder capitalism to stakeholder capitalism," said Schwab at his 2020 book event.
What Xi, the WEF, and people like Sen. Elizabeth Warren (D–Mass.) have in common is that they favor so-called stakeholder capitalism, which is a euphemism for making companies answer first to special interests. They want to reorganize corporate boards to include representatives from labor, environmental, and social justice groups. Warren proposed a bill to require 40 percent of large corporate board seats be elected by workers. In China, the state simply owns or controls a majority stake in most of the country's largest firms.
The WEF and many state leaders believe global coordination and governance is essential to manage global problems: climate change, international financial instability, and future pandemics. Ironically, it's not only Schwab's conspiratorial critics who place too much faith in central planners to manage the globe.
Forget the Great Reset. The Great Escape is Here.
"The coronavirus pandemic has no parallel in modern history. It is our defining moment." Those are the words of Klaus…
reason.com