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The US President Donald Trump was the clear winner at the World Economic Forum at Davos, despite the best efforts of climate doomsayers.
The theme for the World Economic forum in Davos this week is “Stakeholders for a Cohesive and Sustainable World”. It’s a noble aim but one that’s looking increasingly unlikely.
Davos - Man - Shorthand - Elite - Swiss
“Davos Man” — the pejorative shorthand for the rich liberal elite who catch up in the Swiss Alps each year — is still in control of the agenda of the world’s most elite conference. The vague nouns beloved of Davos men and women — inclusion, resilience, climate action, sustainability — peppered the program, which is in full swing this week with more than 3000 delegates in attendance.
But their political power is slipping away, starkly illustrated when the conference’s two highly unlikely protagonists — Donald Trump and Swedish teen activist Greta Thunberg — were anything but cohesive on Wednesday.
Trump - Face - Populist - Politics - West
Trump, the face of resurgent populist politics throughout the West and a conventional approach to business and economic growth, clashed with Thunberg, who shot to stardom as the frustrated face of “climate action” — a sort of Joan of Arc who demands an immediate end to fossil fuel use.
German economist Klaus Schwab founded the World Economic Forum in 1971. A not-for-profit foundation, its mission is to “improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas”.
Event - Flock - Business - Leaders - US
No event attracts such a prestigious flock of political and business leaders. Apart from the US President, this year’s talkfest saw Prince Charles, Spanish Prime Minister Pedro Sanchez and Alphabet chief executive Sundar Pichai rub shoulders.
And perhaps no other event emits such worthy, if banal, remarks. “We are totally committed as leaders to driving change. It’s a race without a finish line, but we will...
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