Tag Archives: World Economic Forum

Xi Reads Multilateral Riot Act to Virtual Davos, by Pepe Escobar

China’s Xi sees the world embracing multilateral solutions without unipower domination (that would be the US). From Pepe Escobar at lewrockwell.com:

Xi shows the contrast between Asia’s relative serenity and the chaos engulfing the West’s top power centers

The virtual Davos Agenda is finally on, from Monday to Friday this week, promoted by the World Economic Forum (WEF). 

No, this is not The Great Reset. At least not yet. The Agenda is the  aperitivo towards the Great Reset apotheosis at the WEF’s Special Annual Meeting, which will take place this coming spring in Singapore.  

The Agenda’s theme for 2021 is “A Crucial Year to Rebuild Trust.” 

Oops. Davos, we got a problem: trust is always earned, never built.   

Trust, anyway, in Davos speak, must always lead towards – what else – the Great Reset, introduced here in a Tik Tok-ready clip crammed with catchy slogans such as “a new dashboard for the new economy” or “right people, right place, right time”.

The message clincher is “tune in, turn on, get involved”, borrowing shamelessly from 1960s Timothy Leary (but ditching “drop out”).   

It obviously escaped the clip’s producers that their P.R. opus indirectly admits to rigged elections and blanket censorship on social media.     

The Agenda’s P.R. blitz must have a hard time dismissing the predominant perception this is all about Davos Man – and Woman – losing their sleep over global wealth inequality while enthusiastically applauded by a bunch of glitterati sociopaths.    

Onwards with the sessions.   

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The dumbest argument I’ve ever heard against cryptocurrency, by Simon Black

Cryptocurrencies are a vote of no confidence in the government managed debt instruments known as currencies. From Simon Black at sovereignman.com:

Two decades ago, General Tommy Franks– commander of the original US invasion of Afghanistan back in 2001– was asked his opinion about a civilian bureaucrat named Doug Feith.

Feith was an academic policy wonk who, despite never having served in the military, was a staunch warmonger who was happy for other people to go fight and die in foreign lands.

General Franks was a straight-talking Texan who wasted no words in his opinion that Feith was “the dumbest fucking guy on the planet.”

Over the years of this publication, I have, from time to time, submitted some candidates for what I call the ‘Tommy Franks Award’.

As you can imagine there’s pretty stiff competition for the dumbest f’ing person on the planet, especially these days. But I feel especially compelled right now to nominate the World Economic Forum.

Traditionally the World Economic Forum’s annual event in Davos, Switzerland has been a pageant of wealth and power.

If you’re there, you’ve made it… at least in the eyes of the global elite; it’s nothing but billionaires and politicians. And in the past, the event was typically just photo ops and pointless speeches.

But lately the World Economic Forum has been much more active in cranking out horrifically stupid policy ideas.

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Get Used to Living under “Subsidiarity” after The Great Reset, by Mark E. Jeftovic

Freedom under The Great Reset is the freedom to live your own life as long as you follow their rules. From Mark E. Jeftovic at bombthrower.com:

It means they set the rules, and you get to follow them any way you want.

#Davos2021 starts today.

We’ve all been hearing a lot The Great Reset lately, new slogans abound such as Build Back Better, the New Normal, and what seems to be a “new” model called “Stakeholder Capitalism” is being espoused (although it is not new, I wrote about the pendulum swinging from stakeholder supremacy to shareholder supremacy back in the days of Milton Friedman in the inaugural post for this site).

Recently I decided it would be helpful challenge my own reflexive inclination to suspect that we were all being collectively screwed by our institutions, yet again.  I wondered if these momentous shifts were simply one of those tectonic phase shifts that occur throughout history and that I shouldn’t leap to the conclusion that it’s some disingenuous and ultimately malevolent  pseudo-reality being imposed from above.

It is fitting that on this  first day of #Davos2021 I outline my arc in which I tried to suspend disbelief around The Great Reset narrative, forcing myself to pose the question:

What if The Great Reset was getting a bad rap?

Maybe it’s true that the world has changed irrevocably, and that change hasn’t been driven or captured by a razor thin scab of elites at the top of the socio-economic pyramid who are setting the agenda. The idea of a reset may be well founded, after all when I first started writing about wealth inequality and crony capitalism over a decade ago, I called it “Rebooting Capitalism”.

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Is “Stakeholder Capitalism” Newspeak for Economic Fascism? by Mark Hornshaw

Under stakeholder capitalism, people with no economic interest in a company get to tell the people who do have an economic interest how to run their company. From Mark Hornshaw at activistpost.com:

Leaders of the World Economic Forum are seeking to implement a Great Reset of capitalism whereby “global stakeholders” cooperate to achieve “shared goals.” In the true spirit of not letting a crisis go to waste, they see the COVID-19 pandemic as presenting a unique opportunity to push their agenda.

“The level of cooperation and ambition this implies is unprecedented. But it is not some impossible dream,” World Economic Forum Executive Chairman Klaus Schwab recently observed. “In fact, one silver lining of the pandemic is that it has shown how quickly we can make radical changes to our lifestyles.”

Of course, when they say “our lifestyles” they mean your lifestyle, not their own. Their preferred vehicle for achieving their goals is other people’s businesses. In short, what they want is for private businesses to serve the interests of their own curated list of stakeholders rather than (as they see it) concentrating on returning profits to business owners. They want governments to pass laws and tax regimes to cajole businesses towards their favored ends. Since this arrangement still involves a modicum of private ownership of the means of production, they call it “Stakeholder Capitalism.”

It is important to recognize the subversive use of language here. Such a system is all about sidelining the true stakeholders, and undermining capitalism. This is Orwellian Newspeak at its best, since it misuses the word “stakeholder” and is actually closer to economic fascism than capitalism.

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Time to Heel – Or Fight, by Jim Quinn

The war officially began when the Supreme Court refused to hear Texas’ challenge to the election. From Jim Quinn at theburningplatform.com:

In Part 1 of this article I discussed how our country has devolved from Huxley’s Brave New World of distraction and irrelevancy into Orwell’s world of Big Brother surveillance and Solzhenitsyn’s Gulag Archipelago. Now I will make the case for joining the fight against the Great Reset.

Now is the time for a 'great reset' of capitalism | World Economic Forum

As more than half the country sleep-walks into the clutches of Marxism and tyranny, they fail to heed the wisdom of those who experienced the cruelty, oppression, and degradation after a similar revolution in the last century.

“A revolution never brings prosperity to a nation, but benefits only a few shameless opportunists, while to the country as a whole it heralds countless deaths, widespread impoverishment, and, in the gravest cases, a long-lasting degeneration of the people.”Aleksandr Solzhenitsyn

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No Privacy, No Property: The World in 2030 According to the WEF, by Anthony P. Mueller

Life under the Davos crowd is going to just peachy. From Anthony P. Mueller at lewrockwell.com:

The World Economic Forum (WEF) was founded fifty years ago. It has gained more and more prominence over the decades and has become one of the leading platforms of futuristic thinking and planning. As a meeting place of the global elite, the WEF brings together the leaders in business and politics along with a few selected intellectuals. The main thrust of the forum is global control. Free markets and individual choice do not stand as the top values, but state interventionism and collectivism. Individual liberty and private property are to disappear from this planet by 2030 according to the projections and scenarios coming from the World Economic Forum.

Eight Predictions

Individual liberty is at risk again. What may lie ahead was projected in November 2016 when the WEF published “8 Predictions for the World in 2030.” According to the WEF’s scenario, the world will become quite a different place from now because how people work and live will undergo a profound change. The scenario for the world in 2030 is more than just a forecast. It is a plan whose implementation has accelerated drastically since with the announcement of a pandemic and the consequent lockdowns.

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The Great Pretext…for Dystopia, by Diana Johnstone

If a reset of the entire globe managed by the Davos crowd doesn’t sound like you’re vision of utopia or heaven on earth, you’re not alone. From Diana Johnstone at unz.com:

In their World Economic Forum treatise Covid-19: The Great Reset, economists Klaus Schwab and Thierry Malleret bring us the voice of would-be Global Governance.

Viewing the virtual-reality film “Collisions” at a session of the World Economic Forum in Davos, Switzerland, January 2016. (World Economic Forum, Flickr, CC BY-NC-SA 2.0)

By titling their recently published World Economic Forum treatise Covid-19: The Great Reset, the authors link the pandemic to their futuristic proposals in ways bound to be met with a chorus of “Aha!”s. In the current atmosphere of confusion and distrust, the glee with which economists Klaus Schwab and Thierry Malleret greet the pandemic as harbinger of their proposed socioeconomic upheaval suggests that if Covid-19 hadn’t come along by accident, they would have created it (had they been able).

In fact, World Economic Forum founder Schwab was already energetically hyping the Great Reset, using climate change as the triggering crisis, before the latest coronavirus outbreak provided him with an even more immediate pretext for touting his plans to remake the world.

The authors start right in by proclaiming that “the world as we knew it in the early months of 2020 is no more,” that radical changes will shape a “new normal.” We ourselves will be transformed. “Many of our beliefs and assumptions about what the world could or should look like will be shattered in the process.”

Throughout the book, the authors seem to gloat over the presumed effects of widespread “fear” of the virus, which is supposed to condition people to desire the radical changes they envisage. They employ technocratic psychobabble to announce that the pandemic is already transforming the human mentality to conform to the new reality they consider inevitable.

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Build Back Dumber, by Steve Sailer

One of the grand illusions about the powers that be is that they know what they’re doing. They don’t. From Steve Sailer at takimag.com:

Build Back Dumber

With Moderna’s announcement on Monday of a second extremely effective vaccine (which reduces your chance of getting COVID by 18/19ths) to go along with Pfizer’s vaccine, we can now see a definite light at the end of the pandemic tunnel.

This will prove disappointing to many elites, who have enthusiastically latched onto the idea that the virus justifies “The Great Reset”: policies hyped to, as Joe Biden would say, “Build Back Better,” which, coincidentally, happen to be whatever they had already felt like doing to us beforehand.

For example, Time magazine’s Nov. 2, 2020, cover story “The Great Reset” includes a collection of featurettes by the Great and the Good explaining what they have in mind for us, which is mostly more of the same. A sampling:

Tony Blair: I’ve Always Been an Optimist. But for the First Time Ever I’m Troubled About the Future

If Corporations Really Want to Address Racial Inequality, Here Are 9 Things That Actually Make a Difference…. 2. Hire and advance more Black people

‘It’s the Right Thing to Do.’ Walmart CEO Doug McMillon Says It’s Time to Reinvent Capitalism Post-Coronavirus

‘This Is a Global Crisis.’ Prince Harry and Meghan, the Duke and Duchess of Sussex, Discuss the State of the Digital World

Reddit Co-Founder Alexis Ohanian Speaks With Meghan, Duchess of Sussex About Building a Better Tech Industry

The term Great Reset, extolled by Canadian prime minister Justin Trudeau, is a concoction of the World Economic Forum, the fine folks who put on the annual Davos Conference for the world’s most insufferable networkers.

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Economic War With China Is The Final Step Before The “Great Reset”, by Brandon Smith

Can a trade, currency, and debt eruption with China lead to the new world order? From Brandon Smith at alt-market.com:

This article was written by Brandon Smith and originally published at Birch Gold Group

With the pandemic dominating the news cycle, the general public has been completely distracted from a much more important crisis; namely, the economic crisis. To be sure, economic decay is not as swift or exciting, but I doubt that’s why the mainstream media mostly ignores the issue. From my experience, the media tends to omit coverage of the things they don’t want the population to notice or think about.

Right now, the only word spoken on the economy is “recovery”. Of course, if you’ve been reading my recent articles, you know that the recovery narrative is nonsense. With the small business sector on the verge of collapse, the U.S. economy has no means to recover unless we see a sudden resurgence in industrial production and domestic factories built, and with corporate debt at historic highs, there’s simply no money for that right now. Good luck trying to bankroll a manufacturing renaissance in the middle of a stagflationary environment.

That’s not to say that the rest of the world is much better off, but the U.S. suffers from the added weight of its past financial and monetary “success”. Let me explain…

Recent generations have grown up conditioned to believe that, through the power of central bank fiat currency, all problems can be solved. There has even been a concerted effort within the media to support this lie. Remember when propaganda rags like The Atlantic claimed that central bankers like Ben Bernanke were “the real heroes” saving the economy?

That’s the narrative young adults and investors today have grown up with. Now, whether they believe it is another matter, but as we can see in the world of Robinhood stock trading, there has been little concern for the concept of “bubble markets”. These kids think that the party is eternal because they are backstopped by the Fed, and there’s a lot of shoe-shine boys in the media telling them they are right. However, what they are not being told is that we are in the middle of a collapse dynamic, and the structures they view as reliable are now crumbling.

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