The defeat of Davos: Are the global elite in retreat?

_93580682_davosreuters

http://www.bbc.com/news/business-38632145

Brexit, the election of Donald Trump, and the rise of populism have left the world’s “liberal elites” reeling. Can Davos, their ideological habitat, survive?

It’s all too easy to take a swipe at “Davos” – the annual Alpine pilgrimage of the so-called global elite, during which they underline the urgency of tackling climate change to the hum of private jet traffic, pledge to alleviate food poverty while snacking on caviar canapés, and commit to reducing inequality while being waited on hand-and-foot by an army of service staff at exclusive dinner parties.

But beyond the often jarring contrasts, the World Economic Forum (or ze WEF, as locals calls it), has always been able to point to its role in oiling the wheels of a socially progressive, pro-globalisation alliance – safe in the knowledge that, to a greater or lesser extent, it was in harmony with the tide of history.

Then came 2016. At the beginning of the year, when Donald Trump was still one of many potential US presidential candidates, and a date for Britain’s referendum on EU membership had yet to be set, Davos regulars were remarkably sanguine.

Brexit, the election of Donald Trump, and the rise of populism have left the world’s “liberal elites” reeling. Can Davos, their ideological habitat, survive?

It’s all too easy to take a swipe at “Davos” – the annual Alpine pilgrimage of the so-called global elite, during which they underline the urgency of tackling climate change to the hum of private jet traffic, pledge to alleviate food poverty while snacking on caviar canapés, and commit to reducing inequality while being waited on hand-and-foot by an army of service staff at exclusive dinner parties.

But beyond the often jarring contrasts, the World Economic Forum (or ze WEF, as locals calls it), has always been able to point to its role in oiling the wheels of a socially progressive, pro-globalisation alliance – safe in the knowledge that, to a greater or lesser extent, it was in harmony with the tide of history.

Then came 2016. At the beginning of the year, when Donald Trump was still one of many potential US presidential candidates, and a date for Britain’s referendum on EU membership had yet to be set, Davos regulars were remarkably sanguine.

What’s more, as organisers are keen to point out, Davos has always been about more than just the US and Europe, and Indian, Chinese and African attendees have been put centre stage for years.

Much is being made of the fact that Xi Jinping is to become the first Chinese premier to attend WEF when he opens the forum this week, and that Davos is welcoming a bigger trade delegation from the country than ever before – a signal, perhaps, that a more inward-looking US leaves a void for other global powers to fill.

But a Chinese delegation was first invited to the annual meeting in 1979, and although he has stayed away in recent years, Russian President Vladimir Putin has drawn crowds on the mountain more than once.

And as the geopolitical map changes, the WEF’s softly-softly approach – in which very little is mandated and everything is up for polite discussion – may well become its greatest strength.

Its slow but steady consensus building may yet lead the Davos tribe out of ideological isolation, even if it doesn’t manage to keep their annual champagne consumption out of the headlines.

———-

they aint in retreat but they are in a retrospective mood..i wonder why?

“It’s all too easy to take a swipe at “Davos” – the annual Alpine pilgrimage of the so-called global elite, during which they underline the urgency of tackling climate change to the hum of private jet traffic, pledge to alleviate food poverty while snacking on caviar canapés, and commit to reducing inequality while being waited on hand-and-foot by an army of service staff at exclusive dinner parties.”

they make it easy to swipe..

401

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~ by seeker401 on January 17, 2017.

20 Responses to “The defeat of Davos: Are the global elite in retreat?”

  1. timming THEY-Oxfam tday too
    this one said best ” 8 people are richer than 3.6 bn, says Oxfam. So? My daughter, who has $20, is richer than 2 bn. So the problem is poverty, not inequality.” JohanN http://www.johannorberg.net/

  2. http://www.thehindu.com/todays-paper/tp-in-school/25th-Asia-Pacific-forum-opens-in-Fiji/article17047692.ece

    • The five-day forum, being held at Natadola, saw the participation of delegations from over 20 countries from the Asia-Pacific region, including Australia, China, Japan, Peru, the Philippines, and Russia, Xinhua news agency reported.

      Fijian Prime Minister Voreqe Bainimarama, who declared the forum open, called on participants to boost parliamentary partnerships that would be in line with the sustainable development goals of the UN.

      “The APPF has shown many other countries and international institutions how elected legislatures can lead the way in deepening regional cooperation to spur economic development,” Bainimarama said.

      “Here, we can deepen the trust and security cooperation among our nations and find solutions that can save valuable time in preventing transnational crimes,” he said.

      • >> Fijian Prime Minister Voreqe Bainimarama, who declared the forum open..

        why him?

      • 3 concepts interwoven in the summary of that article you quoted seeker that come up time and time again. (Note the standard of discussion for the forum has to be determined by UN objectives):

        1 – sustainable
        2 – economic development
        3 – transnational crime: admittedly I do not see this one as much until recently this comes up in discussions associated with digital currency. Surely may include other issues, too.

  3. Remember Udo from last year…lol..

  4. There is no defeat of DAvos.. we all know that

  5. They’re just going to blame their PLANNED failure on the people and their populist attitudes, nationalism..blah blah blah…

  6. someone said best “THEY-CIA&WARMONGERS OverthrowGovs around the World don’t be surprise THEY -try it or THEY all ready are trying ?

  7. some nuggets here despite wht people (dis)regard this site

    http://www.whatdoesitmean.com/index2208.htm

  8. Soros the pragmatist. Now he is a Constitutionalist. haha!

    “[Soros] has been unrelenting in his criticism of Trump, and unloaded on him again during the Davos interview.
    “I have described him as an impostor and a con man and a would-be dictator,” Soros said. “But he’s only a would-be dictator because I’m confident that the Constitution and the institutions of the United States are strong enough. … He would be a dictator if he could get away with it, but he won’t be able to.”
    Trump’s unexpected win in November hurt Soros beyond politics and ideology — he is believed to have lost more than $1 billion in trades he made that would have benefited if the market went down. Instead, a monthlong rally after the election cost Soros big.”

    https://www.yahoo.com/news/m/b1cb1bd6-e8a4-32ab-affa-784a3cddc28e/george-soros-calls-trump-a.html

  9. who stays behind Thompson-Ruters? which interests the news agency serves?

    http://21stcenturywire.com/2013/06/14/inside-bilderberg-clues-left-in-the-grove-hotel-reveal-a-piece-of-their-financial-agenda/

    exchange rates + LIBOR

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