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World economic forum Davos...


o build back better we need to reinvent capitalism. That is the message coming out of the World Economic Forum (WEF) in response to the Covid-19 pandemic – and the first part, at least, has been picked up by world leaders from Boris Johnson to Joe Biden. It is the fundamental tenet of The Great Reset initiative, which has proven equally inspiring and divisive, depending on which corner of the internet you visit. The Great Reset aims to meet global problems, the pandemic among them, with a global response, and to marry profitability with


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the place to frame the new normal?


Every year at Davos there’s an exclusive meeting of the world’s ‘elite’, where the rich and powerful rub shoulders at the World Economic Forum’s fl agship event. The organisation is now proposing a ‘Great Reset’, which will shape the world into a more equitable and sustainable model after the Covid-19 pandemic. But is the organisation a well-intentioned forum for putting the world’s big challenges in front of those who can deliver change, a conspiracy theorist’s dream come true, or simply out of touch with the needs of working people? Jim Banks investigates.


sustainability in a new economic model that could turn a global crisis into a global opportunity. Central to the plan is using the WEF’s ability to bring together the world’s richest and most influential people at its annual conference in Davos, Switzerland. “We are at a turning point for humankind,” says Klaus Schwab, founder and executive chairman of the WEF and chief architect of the Great Reset. “We should not underestimate the historical significance of the situation we are in. We know the world will look different when we move out of the acute phase of the virus.”


Chief Executive Offi cer / www.the-chiefexecutive.com


Chief Executive Offi cer / www.the-chiefexecutive.com


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Boris-B/Shutterstock.com


Boris-B/Shutterstock.com


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