And Now The Great Reset!

Thanks John!

“The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world” – Professor Klaus Schwab, Founder and Executive Chairman, World Economic Forum.

Klaus is still shilling for his Great Reset. Here is his latest article:

https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset/

He has been getting a lot of negative press lately, particularly for the ‘you will own nothing and still be happy’ meme, so no surprise that it is not mentioned this time. There are, however, a few bullet points made at the top of the article:

“• We can emerge from this crisis a better world, if we act quickly and jointly”

Beware the sales job that makes a too good to be true promise coupled with a limited time offer. The article elaborates on the crisis:

COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s. But, while this outcome is likely, it is not unavoidable.

Perhaps I’m being uncharitable but I detect a regret that the Covid lockdowns are easing and some pleasure that there is a “sharp economic downturn”. There is no doubt that Covid was used to leverage draconian responses in several western nations headed by WEF acolytes. These include, but are not limited to, Emanuel Macron in France, Angela Merkel in Germany, Justin Trudeau in Canada and Jacinda Ardern in New Zealand.

Lockdowns, masking, mandates and quarantine camps never made sense. They were blanket applied to whole populations even though the most vulnerable were the very old and frail while the young and healthy had little to no risk. No sense, unless of the actual purpose was to seriously disrupt the economy. This certainly explains why these Young Leaders of the WEF have been ignoring the facts and pretending they have been following the science. It also explains why Klaus’ minions have been exacerbating problems, printing and dispersing vast sums of your money, shutting down domestic energy supplies, spending fortunes on lost causes like net zero, solar farms and windmills. And as if the economy was not busted enough, these miscreants stoked division, favoured some, demonized others, took tolerant citizens and turned them into hateful bigots.

The chaos has been intentional, the creation and exaggeration of problems, then the promise to come trotting to the rescue with solutions to that fabricated crisis. As Klaus says:

To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.

If only wishing could make it so. Our economy is an extremely complex filigree of constantly changing interactions that has taken hundreds of years to evolve. It is overweening hubris to think that drama teachers, comedians, and geriatric politicians can knock the whole thing asunder and then build it back better. Even if it were possible, what horrors would happen during the downtime? A downtime that might last forever.

If you want to know how Klaus and his jet-set buddies will handle an economic reset, take a look at how well the elites handled the trial run of Global Warming. Taking control of influential media and prestigious science journals they began a scam of fear porn, excessively reporting and aggrandizing tornados, hurricanes, heat domes, droughts and floods. They predicted a fossil fuel armageddon as they flew private jets around the world. They predicted sea level rise that would soon swamp islands and coastlines as they bought mansions on the sea coast. There were predictions of icecaps shrinking and glaciers disappearing. So many predictions that by chance alone some should have been right but none were. Hyperbole doesn’t make great science.

Having feared up the public, there were the promised solutions, do away with reliable cheap natural gas and coal fired electricity, replacing them with unreliable, expensive wind and solar. And ignore and defund that inconvenient nuclear, ignore a solution that could produce reliable, cheap electricity for all for thousands of years. Don’t forget to empower the UN to redistribute $100 billion from the richer to the poorer countries, each year! Billions spent and the wealthy are more wealthy and the poor are even poorer.

If you think that man-made climate change is dangerous, it is instructive to note that disaster weather stories all but dropped out of the news while the media swirled on about Covid. Interesting that global climate took a break for two years while a ho-hum virus strutted the stage, and now as Covid loses its grip on the public fears we again see copious weather porn.

There are some additional bullet points heading Klaus’ article:

  • The changes we have already seen in response to COVID-19 prove that a reset of our economic and social foundations is possible.

So do I have this straight? The dreadful mismanagement of Covid, the coercion, media capture and lies, distrust in government, the authoritarian control, the unnecessary economic disruptions, divisions, societal breakdowns, these are the beacons of light that are our way forward to the Great Reset? Got it!

  • This is our best chance to instigate stakeholder capitalism – and here’s how it can be achieved.

I had to look up stakeholder capitalism and got this description from a link:

Now, others are finally coming to the “stakeholder” table. The US Business Roundtable, America’s most influential business lobby group, announced this year that it would formally embrace stakeholder capitalism. And so-called impact investing is rising to prominence as more investors look for ways to link environmental and societal benefits to financial returns.

We should seize this moment to ensure that stakeholder capitalism remains the new dominant model. To that end, the World Economic Forum is releasing a new “Davos Manifesto,” which states that companies should pay their fair share of taxes, show zero tolerance for corruption, uphold human rights throughout their global supply chains, and advocate for a competitive level playing field – particularly in the “platform economy.”

But to uphold the principles of stakeholder capitalism, companies will need new metrics. For starters, a new measure of “shared value creation” should include “environmental, social, and governance” (ESG) goals as a complement to standard financial metrics. Fortunately, an initiative to develop a new standard along these lines is already under way, with support from the “Big Four” accounting firms…”

Now I cannot argue the merits or deficiencies of “stakeholder capitalism” but I can argue the need to artificially destabilize and tear down the existing system described as “shareholder capitalism” a system that despite deficiencies has created great wealth pulling millions, nope, billions out of extreme poverty. Imagine the audacity if not the gall to topple a proven success with a new untried system. If this “stakeholder capitalism” is such a good idea then I would expect the invisible hand of Adam Smith would allow it to slowly supplant the status quo, a slow evolution of the economy, no need for switching off the lights and hoping they go back on.

And on second thought, maybe I have heard of “stakeholder capitalism” before but at that time it was described as “the public or collective ownership of the means of production”. Perhaps “stakeholder capitalism’ is just a rebranding of Socialism.

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