Just when you thought you would never see again the spectacle of private jets landing in the Swiss mountain town of Davos for the rich and powerful to unironically discuss “solutions” to climate change and inequality, the World Economic Forum is back.
They’re meeting face to face for the first time since January 2020. Did you miss it? No, me neither.
They meet at a critical juncture in the COVID-19 pandemic, and in the midst of a huge and deepening inequality crisis.
Policy choices made by governments and international institutions throughout the pandemic have fallen woefully short of protecting people from the impact of multiple crises. Spiralling inflation, sky-rocketing energy bills and fuel prices, as well as high and still rising food prices, spelled disaster for so many. But the richest few, who continued to increase their wealth in the past two years, are still benefitting from the crisis. As a result, questions are being raised on the morality of an economic system that has failed to help the masses and instead supercharged inequality during a global health emergency.
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