Klaus Schwab's co-author Thierry Malleret discusses stakeholder capitalism, libertarianism, and his new book satirizing the World Economic Forum.

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Text and links to sources available here: https://reason.com/podcasts/just-asking-questions/

What's the agenda of the World Economic Forum? And what was The Great Reset? Just asking questions.

Every year, there's a big gathering of global elites in Davos, Switzerland: world leaders, titans of industry, Hollywood celebrities. It all started in 1971, thanks to Klaus Schwab—a German economist and business professor who launched what was then called the European Economic Forum as a place to discuss best business practices and promote a theory he'd developed called "stakeholder capitalism," the tenets of which Schwab laid out in the original "The Davos Manifesto." It insists that a company's CEO must serve not only shareholders but entire "societies" and "assume the role of a trustee of the material universe for future generations."

While critics have for years lampooned Davos for its brigade of private jets dropping billionaires in an idyllic Swiss mountain town to lecture us about climate change, the WEF and Schwab himself attracted unprecedented attention amid the lockdowns of the COVID-19 pandemic following the July 2020 publication of his ominously titled book The Great Reset. Countless articles, podcasts, and videos theorizing on the real meaning of the Great Reset followed, including one produced by the co-host of this podcast. But you might notice there's another name underneath Schwab's. Thierry Malleret was his co-author on The Great Reset, and again on the follow-up The Great Narrative, and he joins us on the show today.

Malleret is an economist who's worked as an adviser for major investment banks and governments. He conceived of—and planned—the program at Davos for several years before parting ways with Klaus Schwab. And he's also an author, most recently of a very interesting book we're going to discuss at length called Deaths at Davos, a dark satire of what's going on within the WEF.

Sources referenced:
Text and links to sources available here: https://reason.com/podcasts/just-asking-questions/
Zach's video on the Great Reset: https://www.youtube.com/watch?v=Cd0OeC6Syd4
Just Asking Questions w/ Johan Norberg: https://youtu.be/wC5AG7JDUfY?list=PLBuns9Evn1w9K02WT8x-gzSI-UdeeXFG9

Chapters:
00:00 "coming up…"
00:58 Introduction
03:27 The point of Deaths at Davos
04:50 What did Klaus Schwab think?
05:40 Others are meant to continue the story
07:46 What's the future of WEF-like organizations?
12:10 Is the WEF vision of the West dying?
13:51 Debating "Stakeholder Capitalism"
30:16 Malleret's critique of libertarianism
45:40 Will stakeholder capitalism lead to corporatism?
51:26 A disagreement about Sweden and COVID
54:16 Reacting to "Great Reset" conspiracies
01:01:26 The final question