January 28, 2023

Globalization Has Died and Davos 2023 Was Its Funeral service Ceremony, Scholars Sum Up

“In the a long time, with the inevitable departure of Klaus Schwab from the scene, the forum will lose the relevancy and will become yet another exclusive overpriced Swiss golf club with entry ticket of $250, 000, ” says director of Institute for the Analysis of Global Protection.

The World Economic Forum’s yearly meeting took place in Davos on January 16-20, 2023. International observers sat down with Sputnik to make the main message of the gathering in a nutshell.

“ This year’s community forum featured the new state of the world: divided, resentful, and grim, ” Gal Luft, director of the Washington-based Company for the Analysis of Global Security, told Sputnik. “ Davos has become the dressing space of the West and is more divorced than ever from the sleep. It no longer represents the actual concerns of most of the world’s population. Its obsession with climate change, social justice, gender and other forms of wokeness has made it a laughing stock and target of disdain for most of the globe. ”

The planet Economic Forum (WEF), a global non-governmental and lobbying company, was founded in January 1971 by German economist Klaus Schwab. Initially the enterprise was called “ European Management Forum”; it changed its name to the World Economic Forum in 1987.

Bringing together company executives, thought leaders, plus prominent politicians, the discussion board sought to become a global system to spearhead the suggestions of globalization and resolve pressing economic and political dilemmas. However , some Western commentators observed that the community forum quickly morphed into a technocratic globalist elitist club which usually sought to dictate rules for the rest of the world.

“ Globalization was in line with the premise of broad acceptance of global institutions, norms and rules, as well as fairly free flow of goods, cash and information, ” Luft said. “ Each one of these has been compromised over the past few years, first with the US-China decoupling and second with the war in Europe. Instead, we have global bifurcation into two camps – the group West plus honorary associates and all the others – and the emergence of new institutions, forces, financial instruments, trade blocs and priority sets. ”

“ There is absolutely no return to the post-WWII program. In addition , we are seeing huge repudiation of some of the institutions and individuals who have been most associated with globalization: the media, Davos, entertainment industry etc . De-globalization can also be seen together cultural fault lines. Western ideas, ethics, and ‘ values’ are rejected simply by billions who see all of them as dangerous and destabilizing, ” the US scholar carried on.

Russia’s Independence Doesn’t Fit in Davosian ‘ Ideal World’

The necessity to “ defeat” Russia became a leitmotif of the gathering, with German born Chancellor Olaf Scholz declaring that to end the continuing conflict in Ukraine, the Russian special operation “ must fail. ” The chancellor called for stepping up army aid for Ukraine, but  fell short of confirming that Berlin would send out its Leopard 2 primary battle tanks to Kiev , something that the Ukrainian regime, Poland, Finland, as well as the UK are urging your pet to do.

Regarding his part, Harvard Teacher Kenneth Rogoff, former key economist at the International Financial Fund (IMF), urged the particular West not only to step up anti-Russia sanctions,   but to create conditions with regard to “ regime change” within Russia .

“ The forum in Davos is a congress of adherents of globalism, ” Konstantin Babkin, president from the Rosagromash Association and co-chair of Moscow Economic Community forum (MEF), told Sputnik. “ These people would like to see a single world where global corporations rule, dominating even the official state structures. What is happening within Ukraine contradicts their concepts of an ideal world. Numerous multinational corporations had to keep Russia. So , [Russia] has fallen out from the control of these Western corporations. This contradicts their suggestions about the ideal state of affairs. ”

While the Davos participants insisted that it is essential to support Ukraine and to be sure that Russia obeys the rules set up by the West, it appears that many countries have tired of this bellicose rhetoric, according to Babkin.

‘ Biodiversity’ in Economy & National politics Instead of Global Unification

The Western-centric globalized world order is falling apart at the seams, with other countries adopting a non-aligned status and implementing their very own scenarios of development in terms of their financial policies, international trade, and tax plans, according to Babkin. The Russian scholar argues that re-industrialization and strengthening of nationwide economies could ensure the world’s stability and diversity of models.

“ It would be nice to have different models, different states, different peoples, different cultures, ” the Russian scholar stated, drawing parallels with organic biodiversity. “[There will be] Iranian model, Indian design, Chinese model, Western model, and rejection of globalism. I think this is a good thing, plus Russia needs to develop its own economy. I can also advise Serbia, and China, and other huge states, and state associations (… ) I think the planet that Davos is advertising is so unstable. ”

Remarkably, major establishing nations, including Russia plus China, “ have shunned the forum and influenced others to do the same, ” said Luft, calling these types of countries a “ opposition bloc. ”

“ In the years to come, using the inevitable departure of Klaus Schwab from the scene, the particular forum will lose its relevancy and will become just another distinctive overpriced Swiss club along with entry ticket of $250, 000, ” Luft mentioned. “ It has already become a symbol of elitism plus arrogance, representing the garden rather than the jungle, to use Josep Borrell’s terminology, and a platform to advance Western priorities. ”

Babkin echoed Luft by saying that even though the Davos forum is likely to continue bringing together Western executives and political figures, it has ceased being a truly international platform and will never ever become what some call “ the world’s govt. ”

“ Globalization the way we know they have died and Davos 2023 was its funeral wedding ceremony, ” Luft concluded.


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