World Economic Forum

The term globalization is used frequently but not well or precisely. It is often not well-understood by those who use the term, which is understandable because it progresses over expansive temporal and geographic scales. When discussing and understanding globalization, it helps to identify an archetype that provides a tangible example to aid comprehension and understanding. Although there are several organization from which to choose, for me the one that really is most emblematic is the World Economic Forum (WEF) and its Annual Meeting at Davos, which has taken place—surprisingly for me—for over four decades since 1971.

The WEF was established and is run by Klaus Schwab, a business professor, who tries to enforce the motto, “Committed to improving the state of the world.” He tries to keep the attendee self-congratulation down to a low roar, which is hard when some of the most successful people in the world get together in one place. It has been reported that 1700 private jets arrive in Zurich for the event.

The WEF website is worth monitoring because the issues found there are those that are most salient to globalist elites, government, and academics, and foremost among these issues is trade. The resons for trade and consequences of trade form the foundation of globalization, which will be discussed further.


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