The WEF’s stated goal was a “great reset” of capitalism, where they want to implement what they call stakeholder capitalism, a form of socialism in a different name.
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…
These three main components of the “Great Reset” are still being implemented, especially in the EU. While those of us in the U.S. may think voting for Trump has negated these things, it’s not clear what side Trump is on, as he is no stranger to WEF conferences.
Trump has clearly changed how trade policies work. Is that for these so-called fairer outcomes? Fair to whom?
The US Government has also made investments into public companies like Intel, MP Materials, Lithium America and others. It also holds negotiations for investment and corporate governance in companies like TikTok and U.S. Steel. These are not the actions of a free-market government.
The E.U. is planning to fund investment into artifical intelligence and quantum computing companies. They feel they are behind the U.S. and it’s private investors, so they are using E.U. funds to buy stakes in these companies.
The trade and fiscal policies of government has certainly been bent towards this idea of steering market outcomes that the WEF great reset talks about.
These investments can also help bolster the second goal of the WEF for equality and sustainability. These goals are stated goals of the E.U. and also of the Democratic party in the United States.
Government intervention like the EU Digital Markets act aims to create fairer and more contestable digital markets. If the market is not holding up to the digital markets act one can inform the EU Commission or the National Competition Authority about a platform. Google is claiming that these changes have forced them to ask for a reset. A curious word choice from them. They believe they have had to remove services from EU users to comply with the act and expose users to middlemen who are taking a larger cut from a user than a direct link would that they were allowed to provide in the past.
The final pillar of the Great Reset calls for harnessing the fourth industrial revolution to support the public good. The fourth industrial revolution is thought to be a higher velocity change happening due to Artificial Intelligence, Robotics, Sensors, 3D Printing and an accelerated knowledge economy.
With the great reset agenda putting so much power into the hands of the government to coordinate with other governments, it very much mirrors the globalist and democratic socialist agenda in the United States.
Countries and people will lose the ability to govern themselves and they see fit and will have to comply to large overreaching global organizations that do not have their best interest in mind.