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At a virtual meeting earlier in June of 2020, the World Economic Forum, some of the planet's most powerful leaders announced a global reset strategy to abandon traditional capitalism and gear towards socialistic policies, wealth taxes, more regulations and a green deal similar to a New Deal. It will be attenpting to refine fossil fuels and new technologies.
KlausSchwab presents 3 concepts of Restrain, Recover and Reset. He says we need to consider resilience, physical and health security. Schwab said we need to redefine the social contract or compact in Rosseau's sense to be more inclusive so that everyone can partake in global solutions as a world wide community. He said there is still a gap between industrialized countries vs. emerging countries. Another theorist says risks cause richochet effect. There was an ideological shift after the 2.0 recession. With Donald Trump leaving office, and the world undergoing a pandemic change - all world economies must restructure. We have 5 guests/cohosts total. Jon argues that a one world system is dangeroud. Ben and Suzette lay out upcoming strategies for the next few months.