Three things come to mind, one positive and two negative. I might overlook that last negative point if there were lots of pro-liberty speakers like President Milei of Argentina. Sadly, people like him are the exception rather than the rule. It seems that there are always many more statists on the agenda. That being said, I also think it is silly to view the organization as being part of some grand conspiracy.
Chamber of Commerce support for cronyism , bailouts , industrial policy , etc. The bottom line is that the rich and powerful often are more interested in preserving their wealth than they are in policies that enable the creation of new wealth. Especially since they might lose out if there is creative destruction!
Writing for the U. While the WEF does not have a unified party line, delegates at its smugfest have a great deal in common. They like regulations, which are designed by and for people like them and which, though they are dressed up as being about consumer protection or greenery, end up keeping out the competition. They approve of government task-forces and advisory agencies — indeed, they meet in Davos partly to lobby each other for jobs on such bodies.
They love supranational institutions, and regard sovereignty as dangerous, atavistic and, worst of all, low-status. Here are the directors and lobbyists of Atlas Shrugged brought to life: woke, subsidy-hungry, pleased with themselves, ambitious, conformist, reluctant to express a view until they have a sense of the room.
It is that time of year again. You will hear more talk about the evils of inequality…, yet everyone wears a badge that delineates his exact place in an elaborate and inflexible pecking order.
