According to the World Economic Forum (WEF), the primary sponsor of the initiative, “The Great Reset” seeks to address “an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the COVID-19 crisis,” with an expanded goal of improving “the state of the world.”
The WEF was founded by German Professor Klaus Schwab in 1971 and has been gathering “heads of state, billionaires, and heads of big business” yearly to discuss “economical and governance issues… common world rules to supersede national sovereign decisions, promoting nondiscrimination, ‘to transform economies and societies.’”
In his contribution to this special issue of Time, Prof. Schwab expands upon the meaning of “The Great Reset” in an article titled “A Better Economy Is Possible. But We Need to Reimagine Capitalism to Do It.”
Celebrating “the only immediate upside” to the COVID-19 crisis, “the drop in greenhouse-gas emissions, which brought slight, temporary relief to the planet’s atmosphere,” Schwab went on to announce, “there are reasons to believe that a better economic system is possible—and that it could be just around the corner.”
Admiring the “cooperation between governments and business” in developing SARS-CoV-2 vaccines, the WEF executive chairman hoped that such patterns of collaboration “can become a feature of our economic systems rather than a rare exception.”
He also asserts 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,” Schwab continues.
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https://www.lifesitenews.com/news/time-magazine-announces-the-great-reset-to-usher-in-world-socialism