GLOBALISTS AND ELITISTS AT THE WORLD ECONOMIC FORUM CLAIM CAPITALISM NEEDS URGENT REFORM

[1/11/17]  A week ahead of the World Economic Forum’s (WEF) annual meeting, Davos 2017, the globalists and elitists released their flagship annual report for 2017, which paints the reformation of capitalism as the most important topic.

The group surveyed 750 ‘experts’ to identify the most significant global concerns, and found that they are; Economy: Growth and change, Society: Rebuilding communities, Technology: Managing disruption, Geopolitics: Strengthening cooperation, and Environment: Accelerating action.

The globalists claim that reforming the very nature of capitalism will be needed to combat the rise of populism and nationalism. Following the global financial crisis, the report highlights the massive inequality gap in growth in developed countries. It also mentions that over the next several years technology could cause a catastrophic social change due to automation entirely wiping out jobs.

“This points to the need for reviving economic growth, but the growing mood of anti-establishment populism suggests we may have passed the stage where this alone would remedy fractures in society: reforming market capitalism must also be added to the agenda,” it said in its latest Global Risks Report.

“The combination of economic inequality and political polarization threatens to amplify global risks, fraying the social solidarity on which the legitimacy of our economic and political systems rests,” it added.