Davos is also the home of the World Economic Forum (WEF), held there annually since 1971. That’s when the world’s leaders in industry and politics like to congregate for the annual WEF meeting. For this year’s event, the 47th World Economic Forum Annual Meeting currently under way, some 2200 participants were expected and 500 journalists.
In its Mission Statement, the WEF says:
The Forum engages the foremost political, business, and other leaders of society to shape global, regional, and industry agendas.
The forum’s intention is to exchange views on what’s wrong with the world and how to “fix” it. For example, the agenda for Wednesday, January 18, 2017, provides the following topics of discussion:
0800 GMT – Squeezed and Angry: How to Fix the Middle-Class Crisis
0930 GMT – Special Address by Joe Biden, Vice President of the United States
1000 GMT – A Compact for Responsible Business Leadership
1100 GMT – Politics of Fear or Rebellion of the Forgotten?
1300 GMT – A Positive Narrative for the Global Community
1445 GMT – Fixing Europe’s Disunion
1700 GMT – The Great American Divide
1715 GMT – An Insight, An Idea with Jack Ma
Clearly, “fixing” is an important aspect of the gathering in Davos.
The World Economic Forum (WEF)
The WEF is a “who’s who” of the movers and shakers of the time and, without fail, they are all “globalists” of one sort or another. If, just by chance, of course, one of their companies would gain some valuable insights that might allow it to advance its competitive position and prosperity, that much better. Needless to say, the top echelons of “multi-national” companies are usually well represented at the Davos gatherings. So are political leaders from many nations.
Davos is a perfect setting for providing an “auto-reinforcing” mechanism that keeps the existing “arrangements” in place and what could possibly be wrong with that?
Now, lest you think the gathering in Davos is just an incestuous affair of “black limousines,” many of the attendees are probably well meaning, trying to improve the lives of their citizens, foster innovation, and so forth.
Yet, some questions may arise, like why are there so many things that need fixing by the same people that were in power when the problems came into existence or widespread? Why do less than a dozen people own half of the wealth in the world? To quote theguardian.com, even the head of the International Monetary Fund, Christine Lagarde, in her speech at Davos has called for urgent action to tackle a “middle-class crisis” hitting working people as she warned that inequality, distrust, and a lack of hope were fuelling growing populism.
Are the minds assembled in Davos really interested in and, if so, able to “fix” that? As it is, tackling the world’s ills in three days cannot leave much time for skiing. And now, a whole new situation is confounding them.
Out of the blue sky a fast moving asteroid arrived that threatens to upset the current global system of business and politics. Suddenly there is widespread consternation and disarray. In fact, few if any of last year’s attendees at Davos expected this “asteroid” to arrive, ever, the rise of “populism” and a “disruptive force” of many of the so-well-established consensual agreements of the past. That “asteroid” goes by the title “45th President of the United States of America.” Inauguration Day (January 20, 2017) is mere hours away. That’s when the President-Elect, Donald J. Trump, is to be sworn into office.
Though not attending the WEF meeting in Davos himself, only sending an observer, the incoming President will be center stage—not in person but by his expressed intentions to fix things his way. As one financial guru recently wrote:
It’s clear to CEOs everywhere that there’s a new chief in town, and he plays by an entirely different set of rules.
Globalist forces are upset, to state it mildly. For example, Avaaz (an NGO that claims to have 40+ million members) just sent out an urgent email appeal to sign a petition to outgoing President Obama to “Prevent nuclear war” [by preventing Trump from taking office]. The “J20RESIST.ORG” is planning to disrupt the inauguration with massive demonstrations in the U.S. capital. They claim that:
On January 20th, hundreds of thousands of people will be storming the streets across the U.S. against Trump’s accelerated assault on migrants, LGBTQ people, women, unions, people of color, and the entire working class.
According to other (fake?) news, a company in San Francisco has offered handsome payments to people willing to demonstrate in opposition to the inauguration event. Also, one wonders if the WEF organizers ever considered the (fixed) date of inauguration in their event planning. How can anyone more or less simultaneously be both in Davos and Washington?
My (imaginary) Solution
Perhaps the world would be better off without the WEF trying to solve ills that various attendees have likely contributed to in the first place. Simply forget about the high-falutin’ speeches and enjoy the downhill slopes surrounding Davos. In fact, the world might become a better place for it.