Below is an extract of a post published on Guardian titled "Warm words in the alps … Davos prepares for 50th economics shindig"
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Via: Guardian
Everyone from Trump to Thunberg is coming, but the World Economic Forum has been called much ado about nothing It’s Davos time again. The global elite are packing their best snow boots and smartest woolly hats and firing up the Learjet for their annual pilgrimage to the World Economic Forum (WEF). This year will mark the 50th gathering since the first “European Management Symposium” was held in the Swiss ski resort in 1971. The brainchild of economist-engineer Klaus Schwab, it was more modest back then – just 450 academics and business leaders discussed the state of the world, for a fortnight, without a political leader or celebrity in sight. Schwab’s idea in 1971 was that managers have a duty to customers, suppliers and the wider economy Continue reading…
