He explained the idea behind the Great Reset in an article accompanying the launch:
“The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world to create a healthier, more equitable, and more prosperous future.”
Prof Schwab does speak about a “wealth tax” and ending fossil fuel subsidies. But the scope is huge – covering technology, climate change, the future of work, international security and other themes – and it’s difficult to see precisely what the Great Reset might mean in practice.
The proposals, along with the WEF itself, face legitimate criticism from a variety of sources. Conservative political figures and media outlets accuse the organisation of pushing for environmental policies that would hurt the economy.
There are questions about whether unelected individuals like Mr Schwab should have the power to lobby so prominently for ideas that could potentially transform the global economy. The Davos meeting is certainly filled with powerful people who have a huge influence on world events. There are also concerns about the impact of technology on civil liberties and jobs.
The above quotes are from the BBC. What is the Great Reset – and how did it get hijacked by conspiracy theories?