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Showing posts with label klaus schwab. Show all posts
Showing posts with label klaus schwab. Show all posts

Friday, August 7, 2026

Klaus Schwab sticker found in Sackville New Brunswick near the Mount Allison University Campus

 First published this post during the coviet era... noticed the Klaus Schwab sticker on a dog walk at night..  2021-2022 timeframe roughly... re-publishing with additional article shown below..


Article this week about the wonders of renting your home here:

"It was probably Paris that changed my view of renting as opposed to owning. I went there in 2001 after pondering what my one regret would be on my deathbed. Mine was that I had never lived in Paris. For 10 years, I had been living in a mortgaged house in Bath, where I had just had to pay £8,000 for a boundary wall that needed repair. The local church had expressed interest in my house, so I accepted their offer and was soon on the Eurostar to pick up the keys for my Paris rental in the glorious area of Saint-Germain-des-Prés in the 6th arrondissement. Property ownership is not a big deal in Paris – in fact, the only people I know who own anything there are Brits. Possession is just not in their mentality, not least because the price of Paris property is way beyond the means of the average wage earner. But they don’t sit around biting their nails, fantasising about the day they might become owners."

Wednesday, November 13, 2024

Christians Joan Veon and Kelly McGinley on World Economic Forum & World Government - Soundcloud Archives Kata List Media

Twitter post by Joseph Gregory Hallett June 2020 - account deleted and has not been restored ... why?




"We are in a time of the deconstruction of government." - Joan Veon, 1949-2010

More here with Kelly McGinley and Joan Veon on the World Economic Forum in 2006:

Joan Veon - World Economic Forum with Kelly McGinley's The Berean Chronicles - February 1, 2006 by Kata List Media

Joan Veon passed away in October 2010 after a battle with cancer.  Her books "Prince Charles: The Sustainable Prince" and "United Nations' Global Straitjacket" are worthwhile reads if you can find copies of them.  Joan Veon's articles are available at Newswithviews.com archives here:  Joan Veon -- Archive

Canadian Prime Minister Stephen Harper speaking at Davos with Klaus Schwab's World Economic Forum in 2012 here:  Davos 2012 - Stephen Harper



Schwab, 86, announced his decision on Tuesday and is transitioning to a non-executive role by January 2025, according to a statement on the WEF website.


More from Joan Veon & Kelly McGinley on World Government here on Soundcloud archive from 2005 podcast archive at this Kata List Media link:






Monday, September 18, 2023

The Shift Episode 79: The Cult of Communitarianism with Niki Raapana




Niki Rapaana is right: Klaus Schwab uses the word Communitarianism in his articles and essays (not his books). Here's one sample:



The following opinion piece by Klaus Schwab, Executive Chairman of the World Economic Forum was published in The Guardian. A German version appeared in Süddeutsche Zeitung and French versions in Le Monde and in Le Temps.

Bonuses are a symbol of business’s bigger problem – an eroded sense of duty to the wider community

Given the uncertainty of the recovery and fears about the social impact of the economic crisis, it is little wonder that debate about corporate bonuses has crept back on to the agenda. You wonder whether managers have learned from the excesses that have to a large extent caused the crisis.

Nevertheless, this discussion is superficial, as it doesn’t consider the essential point: the role that companies, including banks, play in society, and the role of executives within those companies. The bonus discussion is actually just a symbol of a much deeper transformation that has taken place in the business world. Let me outline this transformation, as it has severe social implications.

 

 

Almost 40 years ago, I developed the “stakeholder” theory for businesses. This considers the enterprise as a community, with a number of social groups connected directly or indirectly to the enterprise which are dependent on its success and prosperity. These of course include shareholders and creditors; but employees, customers, suppliers, the state and the society in which the enterprise is active are stakeholders.

The idea at the core of the Davos meetings was to create a platform where managers could meet their stakeholders and discuss their mutual responsibility. According to the stakeholder approach, the management of the enterprise acts as a trustee for all stakeholders – not just for share owners. It is based on the principle that each individual is embedded in societal communities in which the common good can only be promoted through the interaction of all participants – and business success is also embedded in this interaction.

We have witnessed a gradual erosion of this communitarian spirit over recent years. This erosion of societal values has progressed particularly in the business world, and is also one of the primary reasons of the current economic crisis.

The enterprise has transformed from a purposeful unit to a functional unit: the purpose of an enterprise – to create goods and services for the common good – in society has been replaced by a purely functional enterprise philosophy, aimed at maximising profits in the shortest time possible with the aim of maximising shareholder value. But if management decision-making processes are decoupled from the responsibility of managers for their own risk-taking, the entrepreneurial system becomes perverted.

In this context, the enterprise is no longer an organic community; it becomes a functional “profit-generating machine”. All parts that do not fulfil their purpose are replaceable: managers, employees, products, locations. This development was particularly visible in the financial sector, where there is at best only an indirect connection with the original purpose of an enterprise, meaning the creation of substantive, real value.

This has consequences for individual behaviour: one cannot expect anything but selfish thought and action from somebody who knows that he or she is replaceable at any time. Instead of a communitarian sense of duty, there is a rise of individualistic profit-seeking behaviour in which society plays only a secondary role.

The current crisis should actually sound the alarm for us to fundamentally rethink the development of our morals, our ethical norms and the regulatory mechanisms that underpin our economy, politics and global interconnectedness. It would be a wasted opportunity for all of us if we pretended that the crisis was simply a bad dream, especially now that we are beginning to see the first signs of improvement in rising share prices or quarterly profits returning to banks – with corresponding bonuses – which are admittedly only financial indicators.

Unfortunately the reality we are hiding from looks different: the financial crisis has led not only to an increasing level of unemployment that will remain with us for years to come. It also puts an enormous pressure on public goods and services, as governments are forced to pay off ballooning debts. The billions that are needed to pay off the debts will lead to higher taxes, reductions of social and public health systems, and reduced investments in education and infrastructure. In the end, it is the taxpayer, the average citizen, who pays for the costs of the crisis.

There is a real danger that the financial and economic crisis will develop into a social crisis. Difficult times lie ahead. If we want to keep society together, a sense of community and solidarity are more important now than ever before. This communitarian spirit is the basis of the stakeholder principle. We need to embrace that stakeholder principle, not just within the narrow confines of companies, but at a national and global level as well.

From this context, the bonus debate is just a symbol of a more fundamental question: whether we can adopt a more communitarian spirit or whether we will fall back into old habits and excesses, thereby further undermining social peace.

Klaus Schwab, Executive Chairman of the World Economic Forum