There’s talk among political leaders of something called The Great Reset. The idea is to use the Covid-19 pandemic and resulting economic and cultural disruption to enact massive societal changes globally, engineered coercively by governments and world central planners. It is a scheme to enact long-held Leftists policies like Environmentalism, economic egalitarianism, Stakeholder Capitalism, and the like.
Vinay Kolhatkar shared a link on the private Facebook group I belong to called Ayn Rand: Voices of Youth titled “Stakeholder Capitalism” Is a Trojan Horse for Fascism, originally published on The Savvy Street by Vinay. The center of attention for this initiative is the upcoming 2021 annual World Economic Forum (WEF) in Davos, Switzerland January 25 - 29, 2021. The Great Reset is the brainchild of Professor Klaus Schwab, the founder and Executive Chairman of the WEF, an annual gathering of political and business leaders. Stakeholder Capitalism, which was introduced to America by Senator Elizabeth Warren’s fascist Accountable Capitalism Act, is basically a scheme for governments to give outside interests, the “stakeholders,” a role in taking over private businesses from their rightful owners, the shareholders. Since these outside special interests, which may include “representatives” of Environmentalism, labor, racial and social justice crusaders, community activists, etc., will owe their power to governments, Stakeholder Capitalism in effect amounts to government control of business worldwide.
Vinay summarizes his article “Stakeholder Capitalism” Is a Trojan Horse for Fascism:
That shareholders cannot be well served by a corporation that treats its customers or employees unfairly is obvious. One may dismiss the distinction of two types of capitalism as simply a benign delusion. But Davos has always been an instrument of neo-Marxist social engineering, an evil by design. Consider, for instance, the agenda of Davos 2021. The theme is “The Great Reset.”
The Davos Agenda of the 2021 World Economic Forum announces:
The Davos Agenda is a pioneering mobilization of global leaders to shape the principles, policies and partnerships needed in this challenging new context. It is essential for leaders from all walks of life to work together virtually for a more inclusive, cohesive and sustainable future as soon as possible in 2021.
Note what’s missing; any mention of the common individual. Are they expected to meekly follow the “leaders,” rather than shape their own lives? From Vinjay’s article, here is more:
The Great Reset will require us to integrate all stakeholders of global society into a community of common interest, purpose and action,” Klaus Schwab, founder and executive chairman of the World Economic Forum.
“Stakeholder” does not mean you, the individual independent individual. Stakeholder means some “leader” appointed by elites to allegedly represent your particular stakeholder--read collective-- interests, without your consent. From The Great Reset web page:
There is an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the COVID-19 crisis. To improve the state of the world, the World Economic Forum is starting The Great Reset initiative.
This is the favorite statist rallying cry: “Never let a crisis go to waste.”
The Covid-19 crisis, and the political, economic and social disruptions it has caused, is fundamentally changing the traditional context for decision-making. The inconsistencies, inadequacies and contradictions of multiple systems –from health and financial to energy and education – are more exposed than ever amidst a global context of concern for lives, livelihoods and the planet. Leaders find themselves at a historic crossroads, managing short-term pressures against medium- and long-term uncertainties.
“Changing the traditional context for decision-making” from whom to whom; from what to what? The “inconsistencies, inadequacies and contradictions of multiple systems” refers to independent nations. “From health and financial to energy and education” refers to the last vestiges of freedom in those fields. In other words, from the individual common man to global central planners.
As we enter a unique window of opportunity to shape the recovery, this initiative will offer insights to help inform all those determining the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons. Drawing from the vision and vast expertise of the leaders engaged across the Forum’s communities, the Great Reset initiative has a set of dimensions to build a new social contract that honours the dignity of every human being. The Great Reset, World Economic Forum
All italics are mine. How does central planning foster dignity? Re-read those quotes, then compare the Davos agenda with;
Anti-individualistic, the Fascist conception of life stresses the importance of the State and accepts the individual only in so far as his interests coincide with those of the State, which stands for the conscience and the universal, will of man as a historic entity.
We are, in other words, a state which controls all forces acting in nature. We control political forces, we control moral forces, we control economic forces, therefore we are a full-blown Corporative state. [sic]
The Ministry of Corporations is an institution in virtue of which, in the centre and outside, integral corporation becomes an accomplished fact, where balance is achieved between interests and forces of the economic world. Such a glance is only possible within the sphere of the state, because the state alone transcends the contrasting interests of groups and individuals, in view of co-coordinating them to achieve higher aims. [sic]
We have constituted a Corporative and Fascist state, the state of national society, a State which concentrates, controls, harmonizes and tempers the interests of all social classes, which are thereby protected in equal measure. [sic]
Again, all italics are mine. That’s from THE DOCTRINE OF FASCISM (1932) by Benito Mussolini and Italian philosopher Giovanni Gentile. I consider this doctrine to be the definitive philosophic statement on Fascism, since Fascism originated in Italy and the term Fascism derives from the Italian word fascio.
I see no essential difference between the Mussolini and Schwab visions. Substitute “contrasting interests” with “stakeholders,” “Ministry of Corporations” with “World Economic Forum,” “national society” with “global society,” and “integrate all stakeholders . . . into a community of common interest, purpose, and action” with “co-coordinating . . . contrasting interests . . . to achieve higher aims,” and you have Mussolini’s definitive statement on Fascism. A state that “controls all forces acting in nature—political forces, moral forces, economic forces”—is a totalitarian state. A global authority that determines “the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons” is a totalitarian state.
What’s the difference? The only difference I see is technical. 21st Century Fascism has moved away from the national socialist model of Mussolini. Taking a page from the Marxist socialists, The Great Reset has gone global. It’s no longer “Workers of the World Unite.” Now, it’s “Stakeholders of the World Unite.” It’s more than a Trojan Horse. The Great Reset could accurately be described as Red Fascism.
The Yaron Brook Show on The Great Reset
Episode 1 -- A Statist Vision For A Post-Covid World
Episode 2 -- The Anti-Concept of "Stakeholder Capitalism"
Episode 3 -- Inequality
Episode 4 -- Alex Epstein on Climate Change