The World Economic Forum (WEF) is an odd event, but also the perfect insight into the problems of political activism in today’s world. Economic leaders rub shoulders with political leaders, and prominent social activists provide a flavor of social responsibility. But neither has changed the agenda of the World Economic Forum, let alone the priorities of the economic and political elites. In essence, the World Economic Forum is the high priest of plutocracy, ie rule by the ultra-wealthy. And neither is “stakeholder capitalism” or whatever expensive rebranding the Davos crowd come up with to sell their old wine in new bottles.

Source: The Guardian January 25, 2020 11:24 UTC