This is the last segment of point and counterpoint between Klaus Schwab and his critics. Below is a summary of Schwab’s global governance system that he has revealed.
Globalization is essential to achieve equality for people and sustainability for the global economy and most particularly the environment.
Democratic governments are failing to effectively manage globalization and need to be replaced by stakeholder capitalism.
The institutions that would cooperate in the governance process include governments (of countries, states, and local communities), civil society (in its broadest sense from unions to NGOs, schools and universities to action groups), companies (constituting the private sector – small and medium sized enterprises to large international corporations), the International Community (consisting of international organizations such as the UN, World Trade Organization as well as regional organizations such as the European Union).
To accomplish this, these governments and corporations must play a larger role in global governance.
Businesses would be held accountable for the social contract and environmental results set forth by the government.
The nature of government is left undefined except that democracies must be replaced and International Organizations such as the UN would have a bigger role.
Corporations must enthusiastically support stakeholder capitalism or else they would be forced to do so.
To the extent people can determine things locally they should. But under the global governance system they would have less power and they shouldn’t be actively involved with what is happening globally.
Full commitment to sustainable development and addressing the challenges of climate change, public healthcare, energy conversions to electricity, meeting social goals, and management of resources are musts.
Happy Learning, Harley
THE GREAT RESET: DEMOCRACY (worldwide) IN DANGER? CORPORATE & STATE GOVERNANCE – SEGMENT 11
SCHWAB: GLOBALIZATION TODAY: +Globalization works best for everyone when at least three conditions are met. First, globalization can take off only if a social compact is in place. In post-war Europe and Japan, for example, the devastating experience of the war made people understand they were all in it together and that to progress economically as a nation, it was important everyone do their part and for everyone to get a share of the benefits. The long-term nature of the social compact meant that individuals were willing to leave short-term or selfish considerations aside, knowing that they would gain in the long run, just as the other stakeholders contributing to the pact.
Second, globalization thrives when political leaders find a balance between providing direction to the economy and caring for their people on the one hand and opening up to the world in terms of trade and investment on the other. And third, societies benefit from globalization when the reigning technology of the era is congruent with the comparative advantages and economy and society have.
In the absence of any of these three factors, however, globalization leads more often to unequal progress and sometimes even decadence or disruption. A more connected global system is inherently less stable, as ripples in one country can more easily spread elsewhere. It is thus crucially important to make sure that globalization is a managed process, in which all precautions are taken to make the resulting economic system stable, resilient, and equitable. Sadly, however, this hasn’t been the case. Let’s look at the factors previously identified and our performance on them in recent years.
In many of the large, industrialized nations – the G7 consisting of Canada, France, Germany, Italy, Japan the U.K. and the U.S. – the social compact between people, government, and business has broken down in recent decades. Companies who once were proud to play a crucial role in communities they helped develop increasing turned their back on them, favoring instead to pursue higher profits and lower wages elsewhere in the world.
The second shortfall of globalization today is the policy environment governments created in the past three decades. Convinced of the organic benefits of a globalized world, many governments opted to embrace free trade and floating currency exchanges and eliminate barriers to foreign investment at an accelerated pace since the early 1990s.
Finally, globalization’s adverse effects can get amplified by technology. If people are not well skilled or educated to make the best use of the latest technologies, others in other countries will take their place in a globalized economy.
The seeds for societal unrest have been present since at least the 1990s and can be found to a large degree in the economic model that has prevailed for the last decades. Economic globalization has entered a critical phase. A mounting backlash against its effects, especially in the industrial democracies, is threatening a very disruptive impact on economic activity and social stability in many countries. The mood in these democracies is one of helplessness and anxiety, which helps explain the rise of a new brand of populist politicians. Voters often simply no longer support and believe in any establishment political parties or even the current democratic system itself. That should be a crucial concern for all advocates of democratic government, regardless of their economic ideology. The economic foundations that were laid in the post-war era, the notion of democratic government formed the foundation of the prosperous Western societies we have come to live in. That foundation is now shakier than ever before. Systemic reforms to capitalism, globalization, and our economic development models are needed.
This calls for stakeholder capitalism, where there is increased consensus that the well-being of people – wherever they live – and the planet as a whole matters to all of us. It leads to a new stakeholder model where those two aspects are at the center. Four key stakeholders then optimize the well-being of people and the planet: governments (of countries, states, and local communities); civil society (in its broadest sense from unions to NGOs, from schools and universities to action groups and from religious organizations to sports clubs); companies (constituting the private sector – small and medium sized enterprises to large international corporation); the International Community (consisting of international organization such as the UN, World Trade Organization as well as regional organizations such as the European Union or ASEAN). Source: Stakeholder Capitalism by Klaus Schwab (2021)
SCHWAB: RETHINKING THE ROLE OF GOVERNMENT: +Everything that comes in the post-pandemic era will lead us to rethink the role of government. Rather than simply fixing market failures when they arise, they should “move towards actively shaping and creating markets that deliver sustainable and inclusive growth. They should also ensure that partnerships with business involving government funds are driven by public interest, not profit.” Looking to the future, governments will most likely, but with different degrees of intensity, decide that it’s in the best interest of society to rewrite some of the rules of the game and permanently increase their role. Source: The Great Narrative for a Better Future by Klaus Schwab and Thierry Mallert (2022).
SCHWAB: THE RETURN OF “BIG” GOVERNMENT: +How will this expanded role of governments manifest itself? A significant element of new, “bigger” government is already in place with the vastly increased and quasi-immediate government control of the economy. Public economic intervention has happened very quickly and on an unprecedented scale. In April 2020, just as the pandemic began to engulf the world, governments across the globe had announced stimulus programs mounting to several trillion dollars, as if eight or nine Marshall Plans had been put in place almost simultaneously to support the basic needs of the poorest people, preserve jobs whenever possible and help businesses to survive. Central banks decided to cut rates and committed to provide all the liquidity that was needed, while governments started to expand social-welfare benefits, make direct cash transfers, cover wages, and suspend loan and mortgage payments, among other responses. Only governments had the power, capability and reach to make such decisions, without which economic calamity and a complete social meltdown would have prevailed. Looking to the future, governments will most likely, but with different degrees of intensity, decide that it’s in the best interest of society to rewrite some of the rules of the game and permanently increase their role. Source: COVID-19: The Great Reset by Klaus Schwab and Thierry Mallert (2020)
SCHWAB:GLOBAL CORPORATE CITIZENSHIP: The idea of “global corporate citizenship” is ensconced in the work that the World Economic Forum had been pursuing for decades. International business leaders must fully commit to sustainable development and address paramount global challenges, including climate change, the provision of public healthcare, energy conversions, and management of resources. In fact, it’s more than an interest – it’s an absolute necessity. “Companies today face an existential choice. Either they wholeheartedly embrace ‘stakeholder capitalism’ and subscribe to the responsibilities that come with it, by actively taking steps to meet social and environmental goals. Or they stick to an outdated ‘shareholder capitalism’ that prioritizes short-term profits over everything else – and wait for employees, clients and voters to force change on them from the outside.” Source: The Great Narrative for a Better Future by Klaus Schwab and Thierry Mallert (2022).
SCHWAB: REVOLUTION OF VALUES (The Democratic Process is too Slow): + Given the unprecedented speed of technological and social change that will be involved in the 4th Industrial Revolution, solely relying on government legislation and economic incentives to ensure the right outcomes is not enough. Legislation is often out of date, out of touch or redundant by the time it is implemented. The only way to ensure positive outcomes is a further revolution in values. Source: Shaping the Future of the Fourth Industrial Revolution by Klaus Schwab (2018).
CRITICS:GREAT RESET GOVERNANCE: I (Glenn Beck) have shown how the Great Reset would be fueled (modern monetary theory), how the conditions have come about that make the Reset possible (the coronavirus pandemic), and what the justification is for the destruction of the current world economic system (claims of an “existential climate change crises). But to this point, I have deliberately avoided explaining the specific policy changes that Great Reset supporters have in mind when they talk about their plans for the future.
The Great Reset’s biggest backers have deliberately chosen to use terminology that sounds appealing to many supporters of free markets – like “capitalism,” “investments,” and “stakeholders,” – while meaning something very different from what many of us think when we hear these ideas discussed in the United States. At times, the Great Reset movement could not be clearer. When advocates of the Reset say, “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,” they mean it. Likewise, when they say, “We need a ‘Great Reset’ of capitalism,” they mean that too. And when they say, “We are completely rethinking the tools of economic policy,” they are not lying.
But as shocking as these and many other Great Reset-related statements are, they do not come even remotely close to painting the truly horrifying transformation of the world that the Great Reset movement has in mind when it talks about building its new global society. And although you will not hear Great Resetters openly calling for authoritarianism, the Great Reset is clearly a new kind of soft authoritarianism that is not too far off from the merging of markets, corporatism, authoritarianism, collectivism, and modern technology that has been embraced by the Communist Party of China in recent decades.
Its confusing terminology and vague language are what make the Great Reset so dangerous – its frankly, brilliant. Openly calling for a takeover of the global economy by the ruling class would immediately alienate 90% of the general population, but by tying in the Green New Deal, a government jobs guarantee, and a host of other large social welfare programs, they have managed to win over some progressives and socialists who care deeply about those issues. And by painting the movement as a pro-business, pro-capitalism plan to improve the economy, they have managed to win over some establishment political figures on the right.
But at its core, the Great Reset is not only truly pro-socialism, and it’s not pro-capitalism either – it’s just a rebranding of the same old tired ideas that elites have pushed a million times before: “Give us more power, and we promise we’ll take care of you and fix the world’s ills. Let us manage more of the economy, and we promise you’ll be wealthier for it. Give us the authority to punish the ‘bad guys’ in society, and we’ll save the planet from annihilation.”
The Great Reset has often been presented one component at a time, as though you are given a puzzle with all the pieces and the theme but without a picture of what it would look like completed. The obscurity of the final picture is, I believe, deliberate. It is much harder for people who would otherwise be deeply concerned about the Great Reset to spend too much time worrying about it, because it takes a lot of effort just to figure out what the Reset really is. So, what exactly is the Great Reset, and how do global elites plan to impose it on the entire world? There is no official Great Reset manual, framework, or agreement that all Great Reset advocates have signed up for. You cannot go to one single place and see everything that the Reset entails. Source: The Great Reset the Rise of 21st century Fascism by Glenn Beck (2022)
CRITICS: SCHWAB’S VISION: The vision of transforming the world so that unelected bureaucrats take even more control of our everyday life now has what it needs to push it along. The last several years have seen endless emergency declarations, wars, massive government spending, debt, runaway inflation, supply chain issues, increases in crime, food shortages, no privacy from Big Brother-style government and corporate snooping, skyrocketing energy prices that chip away at care and homeownership, threats of climate change, lockdowns, oppressive censorship, crushing of dissent, and limits on freedom of travel and physical autonomy.
All of this chaos is music to the ears of those who don’t like the messiness of human freedom. The WEF’s vision is to crowd us all into urban areas. They want us to own nothing. They want to regulate literally every aspect of our lives. Bedlam is a useful way to collapse the current system and install a Great Reset. It is all part of the plan: destroy the old order and make the population so desperate that you can impose policies that make them weaker and more dependent on the government. The oligarchs and their allies in the clerisy want to impose a Universal Basic Income, to keep the peasants from suffering too much and possibly rebelling. The Great Reset will always claim that any “crisis” that emerges is “proof” that the world needs to consolidate even more power in the hands of fewer and fewer people.
The merging of government and corporate power has proven to be the greatest threat to individual liberty. It is driven in part by the ideology that holds that citizens can’t be left to their own devices, or they will ruin the Earth, create inequity, become white supremacists, not know how to raise their kids, destroy the climate and generally make poor decisions. The adherent of the bureaucratic state believe that people must have their lives planned and boxed: the masses need credential experts to lay out their lives. And remember, the credentialed bureaucrats-expert class is committed to supporting the goals and methods of the regime in power.
CRITICS: ONE-PARTY STATE: Technocracy, the public’s acquiescence to government by an elite cadre of unelected technical experts who are positioned to call the shots and manage society, is now rapidly becoming a reality in America. The reason Joe Biden can try to impose a vaccine passport system in the United States is because of the COVID-19 emergency declaration where democracy is suspended. We are now in a Chinese-style, one-party state. This is not something that’s going to happen in the future, it is being imposed on us now using the COVID-19 emergency declaration. They don’t want hearings in Congress, they don’t want to vote, they don’t want town halls; this is raw authoritarian power that they’ve sought for decades, and they never thought in their wildest dreams that in a year and a half of COVID they could have this kind of success – but here we are. Source: The Great Reset: Global Elites and the Permanent Lockdown by Marc Morano (2022).
CRITICS: SCHWAB’S MODEL: Schwab claims the government role as “a guardian of future generations” in order to protect the environment. Now, I consider myself an environmentalist, but I’ll detail for you exactly what I believe is wrong and what needs to be done to fix it. What I won’t do is proclaim some universal right for the government to do anything it damned well pleases if it justifies it on the basis of environmentalism. That is the way tyrants take power. They don’t tell you they want to steal your rights. They tell you that if you just give them the power, they will make it better. But don’t listen to them. Making the world a better place, whatever you believe that to be, is your job.
CRITICS: DEVELOPING THE SYSTEM OF CONTROL: In this world that Schwab wants to create, you’ll have to worry about more than just government. In truth, it doesn’t seem as if Schwab has much use for government, unless it does exactly what he wants. Instead, Schwab is counting on the big corporations to function as de facto governments, possibly through their terms of service. Does it make sense how the Big Tech companies were able to censor conservative viewpoints in the run-up to the 2020 election? How did they do this when this violated the spirit of our First Amendment? How did these tech leaders justify it to their conscience?
Just in case you wonder what all the means, it means that Schwab wants to act with all the ethics of our largest corporations, who have polluted our air and water, the pharmaceutical companies who clamor for complete financial immunity for their vaccines, and the Big Tech who never seem to suffer for violating American values of free speech and free competition. Source: The Great Reset and the War for the World by Alex Jones (2022).
CRITICS: DIFFERENT REPORTS TO PAUSE ON: Robert F. Kennedy Jr explained, “My father told me when I was a child, ‘People in authority lie.” And we all, if we are going to continue to live in a democracy, we need to understand that people in authority lie. People in authority will abuse every power that we relinquish to them, and right now we are giving them the power to micromanage every bit of our lives – twenty-four hours a day they’re going to know where we are, they’re going to know the money that we spend, they’re going to have the right to compel unwanted medical interventions on us.” The new media meme seems to be that citizens around the world are either incapable or just plain too unintelligent to evaluate medical information and must be hand fed oft-repeated government consensus directive hourly. Don’t question why you must stay at home or why you are not allowed to go to the park, attend a wedding, host a backyard barbeque, or why you must mask up – you just have to follow the orders of the public health experts. CRITICS: REALITY IS SETTING IN: “Klaus Schwab is not a god, but a human being. Just one elderly man. And those he works with, the global capitalist elite, are few in number. Their aims are not the aims of the vast majority of humankind. Their transhumanist vision is repulsive to nearly everyone outside of their little circle and they do not have consent for the technocratic dictatorship they are trying to impose on us. That, after all, is why they have had to go to such lengths to force it upon us under the false flag of fighting a virus. They understood that without the ‘emergency’ justification, we were never going to go along with their warped scheme,” Paul Cudenec pointed out. Cudenec was making the essential point. We the people have the power, if we are willing to use it. “They are scared of our potential power because they know that if we stand up, we will defeat them. We can bring their project crashing down before it has even properly started,” Cudenec urged. “We can denounce their lies! Expose their agenda! Refuse their narrative! Reject their toxic ideology! Resist their fascism!” Source: The Great Reset: Global Elites and the Permanent Lockdown by Marc Morano (2022).
The unabbreviated version of the above can be found in the pdf document below.