Paris is burning, a large chunk of the US federal government is shut down and Britain is careening toward a delay of Article 50 – or possibly a second referendum – as the Brexit process descends into chaos, calls for the World Economic Forum to cancel its annual conference in Davos, a notorious rendezvous for the world’s financial and political elite, are growing louder. Particularly after Donald Trump, Emmanuel Macron and now Theresa May have all decided to skip the conference this year to attend to their respective crises.
While these demands from a frustrated public might seem baffling to the global elites who see Davos as an opportunity for less-fortunate emerging economies to “pitch” themselves in an effort to attract more FDI, one former New York Times columnist and the author of a new book that explores the causes of the surge in populism sweeping the Western world offered a surprisingly articulate and trenchant explanation for why people across the west are “mad as hell”, and, furthermore, what role the average Davos attendee played in bringing our society to this point.
In an interview with Bloomberg TV, Anand Giridharadas placed the blame on plutocrats like Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos for helping to “break the world” with ruthless corporate agendas that helped monopolize political power in the hands of the elite…leaving the rest of the population with deep-seated feelings of frustration as the usual avenues of social mobility have been closed, and people feel more powerless to change their future.
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