Klaus Schwab’s obsession with pushing global governance

Last week at the G20 meeting in Indonesia, as U.S. President Joe Biden and Chinese leader Xi Jinping wasted their time talking about global warming, a subject the People’s Republic does not take seriously, instead of the origins of COVID or the status of Taiwan, to my utter astonishment, the face and voice of the “Great Reset” appeared. This is the jargon for the readjustment in the world towards so-called stakeholder capitalism that is the ambition of the conveners of the World Economic Forum (WEF).

The forum began in 1971 as a conference where a few political leaders and celebrities from different industries and activities gathered and the occasion was paid for by admission fees happily tendered by a selection of prosperous people from different countries who wished to rub shoulders with the prominent featured guests. It was a winning commercial formula and it grew and grew. It never moved to a more commodious and stylish place than the dreary and remote Swiss town of Davos.

As one who attended for 20 years — and, following the controversial death of Bob Maxwell, was co-leader (with the late Lord Rothermere) of the WEF media group — I found the sessions interesting and informative, and sometimes even entertaining. (On one occasion, I was speaking with the doyen of conferenciers, Henry Kissinger; when someone approached, Kissinger said, “Here comes that goddamn Indian.” I remarked that he was quoting General Custer; the networker turned out to be the prime minister of India.) Klaus Schwab thought the leaders of the international organizations he featured at Davos — the European Union, the World Bank, the United Nations, World Court, World Trade Organization and all their affiliated agencies — should play an increasingly important role to implement his vision of universal supranationalism.

As the editor of a just-published collection of essays titled Against the Great Reset, (Bombardier Books), Michael Walsh points out, “The World Economic Forum (WEF) advocates a complete reimagining of the Western world’s social, economic and moral structures.” This book contains 18 mostly very stimulating essays from such noted authorities as Victor Davis Hanson, Douglas Murray, Roger Kimball, Michael Anton and Walsh himself (including a modest contribution from me). Klaus Schwab has expressed pride that Justin Trudeau, Chrystia Freeland and Mark Carney (who converted the Bank of England into a rabid partisan of Britain’s continued membership in the European Union and a crusading promoter of militant environmentalism) are all Davos alumni. And federal Opposition Leader Pierre Poilievre has publicly warned against the WEF’s globalist agenda: “Freedom means making our own decisions here at home.”

In 2020, the G7 “agreed in principle to the Biden administration’s Build Back Better plan to harmonize global tax rules.” Corporations would be “redefined by how much they paid in taxes to governments who could distribute the profits more responsibly.… Virtuous expert classes” will buy off the lower classes with “endless government spending, cheap debt and grievance politics,” while blaming everything on the bourgeoisie. Marxism returns as authoritarianism masquerading as gentle worldly idealism. Citizens of the world, back to the barricades!