Interesting reading. Davos has had world income inequality on its agenda for years. What has been actually done to address world income and asset inequality is -- inequalities have worsened.
One can't expect those who have profited so much from a world economic system to be able to see clearly how and why the system produces the results it produces; nor how to make the revolutionary changes that need to be made to change the system.
It was not possible for Louie XVI to understand why his head was chapped off . Davos Men have a similar problem. Will there be a similar result?
See French Revolution | Causes, Facts, & Summary | Britannica.com
Read The Wretched of the Earth (French: Les Damnés de la Terre) is a 1961 book by Frantz Fanon. From Wikipedia:
Fanon provides a psychiatric and psychologic analysis of the inequalities effects of colonization upon the individual, and the nation, and discusses the broader social, cultural, and political implications inherent to establishing a social movement for the decolonization of a person and of a people. The French-language title derives from the opening lyrics of "The Internationale", the 19th-century anthem of the Left Wing."Colonization" does not need to be the goss kind the West imposed on the world in previous years. It may be gross but gentler, and have even more dramatic effects, as Fanon suggests. Or, as the Women's Liberation Movement suggests, it may be dramatic in its formative years, and settle into a steely determination to succeed over the long haul.
The New York Times
Doris Leuthard, the federal president of Switzerland, faced President Xi Jinping of China at the beginning of a two-day state visit before he headed to Davos to address the World Economic Forum.Peter Klaunzer/Agence France-Presse — Getty Images
The concluding paragraph:
“If you bother to read some of the serious analysis of Trump’s support, you realize that it’s a very fragile thing and highly unlikely to deliver what he needs in the crucial first phase of the primaries,” Niall Ferguson, the historian, predicted at Davos in 2016, according to Bloomberg News. “By the time we get to March-April, it’s all over. I think there’s going to be a wonderful catharsis, I’m really looking forward to it: Trump’s humiliation. Bring it on.”
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