One of the questions in the back of my mind is about George Soros. What is this billionaire Jewish currency speculator think he is doing with all his support of lefty activism?
Does it issue from the trauma of being a Jewish kid in Hungary in the last days of Hitler's Reich? Or is is simply the conventional wisdom of an educated post-WWII European that the nation state equals nationalism equals Hitler?
And whatabout Klaus Schwab and his World Economic Forum (WEF) meeting in Davos every year and pushing the Great Reset and Build Back Better? Michael Rectenwald has a long piece "What is the Great Reset?" in Hillsdale College's Imprimis.
Apparently the Great Reset is "a means of addressing the 'weaknesses of capitalism' that were purportedly exposed by the COVID pandemic.
Appararently Klaus Schwab has been pushing the idea of "stakeholder capitalism" since the 1970s. "Stakeholder capitalism" means that
the management of a modern enterprise must serve not only shareholders but all stakeholders to achieve long-term growth and prosperity.
Schwab and the WEF have promoted this idea ever since.
They can take credit for the stakeholder and public-private partnership rhetoric and policies embraced by governments, corporations, non-governmentals organizations, and international governance bodies worldwide.
Then there is a thing called the Environmental, Social, and Governance (ESG) Index, a kind of "social credit score" for corporations that has the effect of promoting lefty ideas like "commitments to already-vulnerable communities within their ecosystems."
BlackRock, Inc., the world's largest asset manager, is solidly behind the stakeholder model.
And BlackRock is all-in on the climate-change movement.
In recent publications, Schwab and Thierry Malleret have pitted "stakeholder capitalism" against "neoliberalism," which they define as "a corpus of ideas and policies... favoring competition over solidarity, creative destruction over government intervention, and economic growth over social welfare."
In other words, today's corporate elite is in bed with the administrative elite which is in bed with the political elite, and a grand time is had by all.
It does all help make sense of the whole COVID experience. Because the whole elite is using the same hymnal, reading the same music and singing the same words.
So of course the social media giants are all-in on suppressing "misinformation" and "disinformation."
Did you know that Mark Zuckerberg was nominated to be one of Klaus Sachwab's Young Global Leaders -- along with Google's Sergey Brin and others you may have heard of?
Really, it makes much more sense for corporate leaders to be "in alignment" with political and cultural leaders than opposed to them. It avoids being branded as "robber barons" and "malefactors of great wealth" and all the other pejoratives that have been hurled at businessmen down the last couple of centuries.
And it gives the corporate elite a stake in the over - under politics of the current era. If you support "stakeholder capitalism" it means you care about the oppressed. It makes you one of the good guys.
But the science™.
See, the science these days says that a benevolent top-down hierarchy is not the recipe for peace and prosperity. The science tells us that top-down politics and economics tends to set the economy and the culture in concrete. And it keeps on going on until the day that it doesn't. On that day, the dam breaks and all hell breaks loose.
See, the modern view is that life, the universe, and everything is "emergent." New ideas, new complexities emerge from the primordial soup, and if they work they take over the world. If they don't work then you never hear of them.
A notion like "stakeholder capitalism" that operates with the conceit that it knows how to organize "all stakeholders to achieve long-term growth and prosperity" is wrong. We tried that back in the day with unionized manufacturing. All the workers at GM and Ford and General Electric were unionized and well-paid and pensioned. Until they weren't.
But that's OK. Because we now know that the white working class that benefited from the union-worker era were in fact racist-sexist-homophobes and "bitter clingers" that had it coming.
So let's revisit the hit on "neoliberalism" that it favors "competition over solidarity, creative destruction over government intervention, and economic growth over social welfare."
Very good. But who gets to define "solidarity," "government intervention" and "social welfare?" And who gets to use their political and economic power to implement these ideas? And what if their brilliant idea is wrong?
We see what typically happens with this model from the late COVID experience. We are told that our betters are "following the science." But we learn later that they are just winging it. And when the opinion polls turn decisively against their policies of masking and vaccination they change their tune. But the science?
There's no doubt that we humans can help people when the market turns against them and their comfortable lives are threatened by a new technology. But we cannot stop "creative destruction" in its tracks with "government intervention." Because chances are that "government intervention" will make things worse, because ten-to-one government intervention will help the powerful and be completely oblivious about the non-powerful.
For example, the governments in the United States have fallen over themselves to make unionized teachers safe and force children to wear masks in school. But they have been oblivious to the harm done in all kinds of ways to ordinary non-organized workers like truckers.
I suppose then that the way to understand George Soros and Klaus Schwab is to understand that, like most humans, they think that what is best for them is best for the rest of the world. And you better fall in line, peasants.
Oh, and Whoa, listen to Dr. Robert Malone with Tucker Carlson on WEF and Young Leaders starting at 46:30.