How the rich plan to rule a burning planet

This is what it says at the end of this article: “We need socialism – and the fight for it is the great challenge of our generation. At stake is nothing less than the world itself.”

barovsky's avatarThe New Dark Age

10 December 2019 — Red Flag

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Stakeholder capitalism in Davos

“So the big corporations should be ‘trustees of society’ and the main force in solving “today’s social and environmental challenges”. We need to replace ‘shareholder capitalism’ which is the dominant model right now. That’s because “the single-minded focus on profits caused shareholder capitalism to become increasingly disconnected from the real economy. Many realize this form of capitalism is no longer sustainable.” Also there is a popular reaction to the failure of ‘shareholder capitalism’ to deal with rising inequality of income and wealth, climate change and environmental disasters and the impact of new technology. Stakeholder capitalism instead, according to Schwab, can “bring the world closer to achieving shared goals”.

michael roberts's avatarMichael Roberts Blog

Stakeholder capitalism – that’s the way to ‘shape’ capitalism into something inclusive of all.  That was the message of Klaus Schwab, the co-founder of the World Economics Forum (WEF), now in its 50th year with its annual jamboree in Davos, Switzerland.

Schwab was professor of business policy at the University of Geneva from 1972 to 2002. Since 1979, he has published the Global Competitiveness Report, an annual report assessing the potential for increasing productivity and economic growth of countries around the world, written by a team of economists.  During the earlier years of his career, he was on many company boards, such as Swatch Group, Daily Mail Group, and Vontobel Holdings. He is a former member of the steering committee of the notorious Bilderberg group.  This group has an annual conference established in 1954 to bolster a consensus among elites to support “free market Western capitalism” and its…

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‘The time to act is now’: Prince Charles calls for green taxes to fight climate emergency

“Prince Charles addressed World Economic Forum in Davos with a plan for a a sustainable future which included green ‘taxes, policies and regulations in a way that catalyses sustainable markets’. Charles said he was fighting for his children and grandchildren, and ended his speech by calling for the private sector to lead the world out of the climate emergency Davos 2020: Prince Charles calls for green taxes to fight climate emergency”

FUTURE DEVELOPMENT Stakeholder capitalism arrives at Davos Addisu LashitewTuesday, January 21, 2020

Stakeholder capitalism arrives at Davos

“The 2020 annual meeting of the World Economic Forum opens this week with the theme of “Stakeholders for a Cohesive and Sustainable World.” More than 3,000 global leaders, including 53 heads of state, will convene in the resort town of Davos on the Swiss Alpine to deliberate on pathways to “stakeholder capitalism.”

#WorldEconomicForum #Davos2020 | UpLink: Linking Up the Next Generation of Change-Makers

“Nearly 4 million young people took part in the global climate strikes of September 2019, a capstone in a monumental tide of youth engagement and action in recent months. How can this momentum be turned into broad-based collaboration and scaled impact? This session marks the inauguration of UpLink, a digital crowd-engagement platform to accelerate the delivery of the Sustainable Development Goals. To discover more about UpLink, please visit: https://www.weforum.org/uplink The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.”

https://www.theguardian.com/commentisfree/2020/jan/10/greta-thunberg-davos-tycoons-fossil-fuels-dismantle-climate-crisis

 

Will Davos summit world leaders aim to copy Trump’s economy?

“FOX Business’ Lou Dobbs, FoxNews.com columnist Liz Peek, Kaltbaum Capital Management president Gary Kaltbaum, River Twice Capital president Zachary Karabell and Capitalist Pig hedge fund’s Jonathan Hoenig discuss global economies and world leaders at Davos. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.”

Davos 2020 – Opening Concert: An International Call for Unity and Joy

“The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.”