To paraphrase Hermann Göring*: When I hear the word “sustainable”, I reach for my Luger.
The term “Great Reset” is causing such a buzz in the deplorable fever swamps of the intertubes that even the august New York Times has been compelled to mention it. Just in order to dismiss it as a “conspiracy theory”, mind you; but still, they had to pay attention to it.
Yet how can it be a conspiracy theory when it is featured on the website of the World Economic Forum?
The originator of the phrase is Dr. Klaus Schwab, the founder and executive chairman of the WEF, which is a sort of country club for absurdly wealthy globalists. Dr. Schwab’s treatise on the topic —posted last June on the WEF website — is entitled “Now is the time for a ‘great reset’”. Its subtitle riffs on Rahm Emanuel: “In every crisis, there is an opportunity”.
Two current crises provide the subtext for the opportunity to impose the Great Reset. One is the Wuhan Coronavirus, and I’ll get to the other one in a minute.
First: Dr. Schwab lays out the rationale for taking advantage of the unprecedented opportunity provided by COVID-19, saying that “the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a ‘Great Reset’ of capitalism.”
There are many reasons to pursue a Great Reset, but the most urgent is COVID-19. Having already led to hundreds of thousands of deaths, the pandemic represents one of the worst public-health crises in recent history. And, with casualties still mounting in many parts of the world, it is far from over.
Left unaddressed, these crises, together with COVID-19, will deepen and leave the world even less sustainable [this is where my Luger left its holster —BB], less equal, and more fragile. Incremental measures and ad hoc fixes will not suffice to prevent this scenario. We must build entirely new foundations for our economic and social systems.
Dr. Schwab intends a thorough overhaul that will fix the global system once and for all. He tells us that “populations have overwhelmingly shown a willingness to make sacrifices for the sake of health-care”, out of which arises the golden opportunity that will allow the bumpkins and hayseeds to be gulled into global governance — for their own good, of course.
The Great Reset agenda would have three main components. The first would steer the market toward fairer outcomes.
The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability.
The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good, especially by addressing health and social challenges.