WEF’s Klaus Schwab To Step Down: Globalist Corporatism In The Crosshairs
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Klaus Schwab, the 86-year-old founder of the World Economic Forum (WEF), has announced his resignation as its executive chair, effective in January 2025, after more than half a century at the helm of the world's pre-eminent globalist organization.
Schwab has presided over the annual gathering in the Swiss ski resort of Davos since founding it in 1971. He has turned it into a hugely profitable enterprise, owned by his charitable foundation, with annual revenues of over $542,800,000.
In January, he will step back and assume a new role as chair of WEF's board of trustees. Børge Brende, president of the WEF executive board and a former Norwegian foreign minister, will take over.
The WEF issued a statement saying:
“The organisation has been undergoing a planned governance evolution from a founder-managed organisation to one where a president and managing board assume full executive responsibility.”
Schwab The Neofascist
Schwab played a key role in transforming the WEF from its legitimate origins as the European Management Symposium – a conference for European businessmen to exchange strategy ideas supported by the European Commission – into a conference advancing neo-fascism attended by top chief executives, bankers, and policymakers.
At its latest gathering earlier this year, the forum attracted more than 50 heads of state, including Argentina's President Javier Milei, policymakers, including European Central Bank head Christine Lagarde, and dozens of business leaders, including JPMorgan's Jamie Dimon and Microsoft's Satya Nadella.
Companies pay up to $658,000 in annual membership fees, and attendees often pay large sums to secure accommodations.
A German-born mechanical engineer, Schwab founded the conference while working as a business professor at the University of Geneva. In recent years, Davos has been targeted by climate activists, populists, and anti-capitalists, causing the conference to struggle to maintain its appeal as geopolitical tensions and protectionism undermine its pro-globalization message.
Schwab has faced criticism regarding his salary from the Schwab Foundation for Social Entrepreneurship and for blurring the line between the forum's charitable work and the private ventures associated with its founder and his family.
Furthermore, the World Economic Forum's connection with Davos is facing increased tension. The village is set to conduct a referendum for residents in June, which may significantly reduce the conference's attendance by allowing the rental of premises only to official guests. Schwab has warned that the conference may be relocated, citing the success of its gathering in Singapore during the coronavirus pandemic.
Meet The New Boss…Same As The Old
The truth is that Børge Brende, the President of the World Economic Forum, already oversees the day-to-day operations. Mr. Brende is a cunning and calculating Norwegian negotiator with a proven track record, and he is ready to take on an even bigger role in the organization.
His involvement in the Bilderberg meetings, including serving on their steering committee and various roles within the United Nations, such as Chairman of the UN Commission on Sustainable Development (2003-04), demonstrates his capacity to build global power and influence. He is the logical heir to Schwab's esteemed position of executive chairman.
Brende is positioning the WEF to gain more power and influence among "middle powers" (smaller nation-states) as regulatory capture within the superpowers has reached a critical mass. As middle powers seek a larger role on the world stage, they are vulnerable to the influence of transnational corporations associated with the WEF.
Already, the WEF website is positioning these players as the next wave of world leaders. The WEF website states, "Middle powers and regional groupings are emerging as alternative axes in today's multipolar world."
By aligning these middle powers with the WEF – and the WEF Young Leaders Graduates, the neo-fascist corporatists will increase their wealth and power.
The Future & What The WEF Is At Its Core
The World Economic Forum is essentially a trade union representing the thousand largest corporations globally. It will likely downplay the opulent parties associated with DAVOS-man and instead opt for more exclusive and private venues, similar to the Bilderberg meetings, where the press is not invited.
The WEF leadership is aware of the public relations challenges they face with populists (including center-right, libertarians, and conservatives) around the world. Brende will undoubtedly move swiftly to address this issue. This will involve a significant overhaul of Klaus Schwab's key policy agenda, known as "stakeholder capitalism."
The World Economic Forum is seen as a mechanism for corporate globalists to exert control over the world, as described by Dr. Robert Malone as "inverse totalitarianism." This means that our nation, along with many others, has essentially been turned upside down by corporate interests that advocate for authoritarian policies, leading to inverted totalitarianism.
The WEF has been exposed as a neo-fascist totalitarian organization led by unelected megalomaniacs. This information has only come to light because of a relentless effort using social and alternative media. The populist movements associated with that effort now threaten the corporatist globalist structure that the WEF has built over decades, and the organization is concerned that its foundation is in danger of collapsing.
We must hope that demise comes to pass.
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