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|This is very serious. The elitist power grab is going right at the heart of capitalism. Of course, they have always been for central control, with them in control, but now they are calling out capitalism, directly, as an inferior product. |
On Friday, I attacked Larry Summers for blaming the current crisis on capitalism. I thought he was a lone wolf attempting to see how far the anti-capitalist agenda could be pushed. I was wrong.
It appears Summers simply fired the first shot in a new aggressive move by elitists to discredit capitalism outright. The elitists are gathering in Davos, Switzerland right now for the 2012 World Economic Forum.
Check out this horrifying report from AFP on the Summit (my emphasis):
Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.”
“We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations,” said Klaus Schwab, host and founder of the annual World Economic Forum.
“Solving problems in the context of outdated and crumbling models will only dig us deeper into the hole.
“We are in an era of profound change that urgently requires new ways of thinking instead of more business-as-usual,” the 73-year-old said, adding that “capitalism in its current form, has no place in the world around us.”
Some 1,600 economic and political leaders, including 40 heads of states and governments, will be asked to come up with new ideas as they converge at eastern Switzerland’s chic ski station for the 42nd edition of the five-day World Economic Forum which opens Wednesday.
From a press release on the Davos forum:
The Davos Open Forum celebrates its 10th anniversary with a programme including a top-level debate on the future of capitalism.
As I pointed out in my comment on Summers, capitalism has nothing to do with the current crisis. It is the interventionist measures (especially central banking) that have caused the current crisis. These measure have distorted capitalism and yet these elitist schemers, who are largely to blame for the crisis, have the chutzpah to blame the crisis on capitalism and to call for more interventions that will benefit no one but the elitist themselves.
Folks, it looks like they are going for the BIG GRAB. Not good. Not good at all.
Among those expected to be in Davos are:
And apologist reporters for the elitists:
Here are the Strategic Partners of the Forum: