OPINION:
Klaus Schwab, the founder of the World Economic Forum, is stepping away from his chairman title, effective 2027. That’s after he stepped down as the WEF’s executive chairman in May.
Ding, dong, the anti-America witch is dead.
This is the best news to happen for America in a long time.
The WEF, under Schwab, has been a leading advocate of all-things-communism — but without calling it communism. Instead, it was called the “Great Reset.” And under this great reset, capitalism was to be redefined to mean something that wasn’t pure capitalism, but rather what Schwab and his cronies described as a China model of capitalism — which, of course, is to say: communism. Again, they didn’t call it communism. They called it “stakeholder capitalism,” and it was to replace “shareholder capitalism.”
The skinny is this: Whereas shareholder capitalism relies on pure profits and losses to make investors happy, stakeholder capitalism considers a range of factors to determine a company’s value — its adherence to Black Lives Matter agendas, for example, or its facilitation of “equity” principles in its operational mission, for instance. Anybody can be a stakeholder. Anybody, even those who don’t add to the bottom line of a company.
The Marxists love the great reset.
It’s everything that stands against America.
It’s everything that destroys free markets.
The great reset agenda was pushed with vigor during the COVID years, and under the Biden administration, in ways that weren’t so readily apparent — or readily resisted. Financial institutions pledging allegiance to the WEF’s new vision of capitalism, for example, or insurers jumping aboard the “stakeholder capitalism” model, implemented climate change goals, or Diversity, Equity and Inclusion mandates, or social justice outcomes, as part of their tools for determining whether or not to lend — whether or not to insure — whether or not to do business with potential clients.
Talk about an oligarchy.
The great reset was little more than a pay-to-play scheme to destroy capitalism and entrepreneurship, only instead of demanding cash from its victims, it demanded adherence to leftist, elitist, globalist agendas.
Schwab was the face of the great reset, because Schwab was its leading creator.
America — America the free, America the sovereign, America the independent — has always been the stumbling block to the global powers who would like to see a one world government, a new world government, a great reset government, where the few and select at the top exert total top-down controls on the nations’ citizens. For a brief time in COVID tyranny, it seemed as if the WEF were making massive strides in ushering in this reset economy. Then came President Donald Trump.
Then came a return to America First.
Then came Schwab’s announced departure last May of his executive chairmanship and now, just recently, of his chair of trustees title.
He’s admitting defeat — whether he’s admitting it openly or not. It’s defeat. It comes as the WEF has been struggling to recover from allegations of workplace discrimination, leading to at least one lawsuit.,
A report from The Wall Street Journal, citing interviews and emails from WEF workers, found that “under Schwab’s decades-long oversight, the forum has allowed to fester an atmosphere hostile to women and black people in its own workplace.” Six WEF women alleged they were “pushed out or otherwise saw their careers suffer” after maternity leave; others said they were sexually harassed by senior-level managers; even more told the newspaper that the founder himself “made suggestive comments to them that made them uncomfortable,” The Blaze reported.
Black employees, too, said WEF’s managers used racial slurs and failed to consider them for promotions. A lawsuit filed against the WEF a year ago that alleged discrimination resulted in a settlement of undisclosed amounts and terms.
“That was the most disappointing thing, to see the distance between what the [WEF] aspires to and what happens behind the scenes,” said Cheryl Martin, WEF’s Center for Global Industries chief, The Blaze reported.
Such is the way of elitists and globalists and communists. It’s always do as they say, not as they do.
As unfortunate as the discrimination may be, the ray of light is the departure of Schwab and the dashed hopes of globalists at the WEF to see their communist great reset fulfilled.
Under Team Trump, the good news for America just keeps on coming.
• Cheryl Chumley can be reached at cchumley@washingtontimes.com or on Twitter, @ckchumley. Listen to her podcast “Bold and Blunt” by clicking HERE. And never miss her column; subscribe to her newsletter and podcast by clicking HERE. Her latest book, “God-Given Or Bust: Defeating Marxism and Saving America With Biblical Truths,” is available by clicking HERE.
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