![]() “We have a golden opportunity to seize something good from this crisis - its unprecedented shockwaves may well make people more receptive to big visions of change,” said Prince Charles at the meeting, adding later, “It is an opportunity we have never had before and may never have again.” ![]() One of the main themes of the June meeting was that the coronavirus pandemic has created an important “opportunity” for many of the World Economic Forum’s members to enact their radical transformation of capitalism, which they acknowledged would likely not have been made possible without the pandemic. “We need to design policies to align with investment in people and the environment,” said the general secretary of the International Trade Union Confederation, Sharan Burrow. “But above all, the longer-term perspective is about rebalancing economies.” Or, put another way, we need a form of socialism - a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan. Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset Gina Gopinath, the chief economist at the International Monetary Fund António Guterres, the secretary-general of the United Nations and CEOs and presidents of major international corporations, such as Microsoft and BP.Īctivists from groups such as Greenpeace International and a variety of academics also attended the event or have expressed their support for the Great Reset.Īlthough many details about the Great Reset won’t be rolled out until the World Economic Forum meets in Davos in January 2021, the general principles of the plan are clear: The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Schwab also said that “all aspects of our societies and economies” must be “revamped,” “from education to social contracts and working conditions.” “In short, we need a ‘Great Reset’ of capitalism.” “Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed,” wrote Klaus Schwab, the founder and executive chairman of the World Economic Forum, in an article published on WEF’s website. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs. But their latest attempt – a new proposal called the “Great Reset” – is the most ambitious and radical plan the world has seen in more than a generation.Īt a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet’s most powerful business leaders, government officials and activists announced a proposal to “reset” the global economy. For decades, progressives have attempted to use climate change to justify liberal policy changes.
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