Home » Business » Davos-2017 as an emblem of the top of globalization – 2024-07-27 11:15:45

Davos-2017 as an emblem of the top of globalization – 2024-07-27 11:15:45

/ world at this time information/ The conferences in Davos are thought of the primary occasion of the Swiss non-governmental group World Financial Discussion board. Excessive-ranking authorities officers, enterprise representatives, in addition to well-known intellectuals and cultural figures collect there. The discussions are often open (though final 12 months, a number of the periods have been held in “closed” mode). In recent times, an increasing number of political subjects have been mentioned, in addition to points associated to the event of latest applied sciences. Every assembly in Davos has its personal slogan. This 12 months’s slogan was “Accountable Management”, which I feel is likely one of the most obscure in recent times; and an indication that Davos is starting to fade.

For President-elect Trump, the discussion board isn’t attention-grabbing. Davos is about globalization, and America now wants to revive order at house, together with restoring the true economic system. In keeping with the subjective assessments of journalists, 90% of the contributors within the discussion board oppose Trump.

This 12 months the surprises have been British and Chinese language. Theresa Could proposed a brand new customs deal and warned Brussels in opposition to makes an attempt to punish London; such makes an attempt, based on her, will flip in opposition to the EU itself. The spirit of the British woman was nearer to Trump than to the European integrationists in Brussels. The looks of Xi Jinping was much more sensational…

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Davos 2017 as an emblem of the top of the period of globalization

Today, January 17-20, the forty seventh annual assembly is going down in Davos. Formally, Davos is taken into account the primary occasion of the Swiss non-governmental group World Financial Discussion board (WEF). The boards in Davos have their very own face, which distinguishes them from the G20 summits or the Bilderberg conferences. If the G-20 are conferences of official leaders, and the Bilderberg annual conferences are completely non-transparent, then the boards in Davos collect official authorities officers, enterprise representatives, and a few celebrities (intellectuals, cultural figures). Secrets and techniques are often not made out of the discussions on the Davos venues (though finally 12 months’s discussion board some conferences have been held behind closed doorways).

Initially, the official agenda of Davos contains international financial and monetary points. Nonetheless, in recent times, we now have more and more seen political subjects, in addition to points associated to the event of latest applied sciences. Every assembly in Davos has its personal slogan. Final 12 months, the discussion board in Davos was known as “The Fourth Industrial Revolution” (we’re speaking concerning the widespread introduction of robots and varied forms of digital applied sciences). This 12 months, the flag of Davos says: “Accountable Management” (in my view, some of the unclear slogans of the discussion board in recent times).

Davos Priorities 2017

On the eve of the discussion board in Davos, the WEF printed the 2017 World Dangers Report, on the premise of which a set of key points for dialogue was decided.

The primary place is occupied by the problems of ecology and local weather change on the planet. In second place is social and property polarization on the planet and the dangers of aggravation of social conflicts. In third place are the dangers related to the event of expertise. It is a very wide selection of dangers. For instance, the dangers of failures in communications and pc management of manufacturing, infrastructure, the monetary sector (attributable to technical issues or on account of focused cyberattacks). Subsequent are the dangers of artificial disasters (for instance, accidents at nuclear energy crops). Lastly, the issues attributable to the large-scale introduction of robots into manufacturing and different areas of the economic system (the primary drawback is the expansion of unemployment).

The fourth place on the Davos 2017 agenda is occupied by issues attributable to inhabitants growing old. If earlier this was a phenomenon of nations belonging solely to the “golden billion”, at this time growing old has captured many nations on the periphery of world capitalism.

As well as, the authors of the report named plenty of different points (virtually all of them are primarily political in nature): the state of affairs within the Close to and Center East (particularly the struggle in Syria); the anticipated course of the brand new US President Donald Trump and its penalties for the world; Brexit and its penalties; the struggle in opposition to terrorism; the current and way forward for Russia. The discussion board contributors, no matter their angle in direction of Russia, are compelled to confess that it’s turning into some of the vital elements in international improvement.

However the Davos contributors are bored with the Ukrainian subject. If final 12 months Ukraine was on the quick record of points for dialogue, at this time it didn’t even make it onto the lengthy record.

Davos is beginning to fade

In keeping with preliminary knowledge, 2,500 folks from 90 nations gathered in Davos this 12 months. These are solely those that have the official standing of a discussion board participant. The variety of those that merely got here (together with journalists) is a number of instances higher. A lot of the contributors are the heads and house owners of enormous and largest corporations and banks. As well as, about 20 heads of state and authorities gathered.

Usually, in recent times, the curiosity of some nations within the boards in Davos has been declining. Let me remind you {that a} 12 months in the past, 99 nations have been represented in Davos, this 12 months – solely 90 (out of a complete of 140 WEF member nations). Curiosity within the boards from the highest officers of many nations is declining. Russia has had a modest illustration on the discussion board in the previous few years. Vladimir Putin has by no means visited Davos. This 12 months, the Russian delegation is headed by First Deputy Prime Minister Igor Shuvalov. The official delegation additionally included Deputy Prime Minister Olga Golodets and Minister of Financial Improvement Maxim Oreshkin. On the final second, the Chairman of the Financial institution of Russia Elvira Nabiullina was included within the record of delegates.

This 12 months, prime officers from nations corresponding to Germany, France, Canada, Italy, Spain, and Israel didn’t come to Davos.

Davos and Donald Trump

The US President won’t be on the discussion board both. The US delegation is headed by Vice President Joe Biden and Secretary of State John Kerry. After all, there’s a altering of the guard within the White Home now, however I feel that Trump isn’t fascinated by Davos in any case. Davos advocates globalization, and what America wants now isn’t globalization, however placing its personal home so as, together with the restoration of the true sector of the economic system. In keeping with subjective estimates of journalists, 90% of the contributors within the Davos 2017 discussion board are in opposition to Trump. Nonetheless, it may be assumed that Trump can also be in opposition to Davos in his coronary heart, which may be judged by oblique indicators. Firstly, the elected US President might have despatched an official consultant of his workforce to Davos, however he didn’t accomplish that. Secondly, Trump’s entourage defined that the participation of his representatives can be a betrayal of the beliefs that he defends and that helped him win the election. On the identical time, Trump has unofficial representatives in Davos. Amongst them is one among his advisers, Anthony Scaramucci. He’ll attempt to clarify the essence of the American president’s plans behind the scenes of the discussion board. Particularly, on the primary day of the discussion board, he mentioned in an interview with a TASS correspondent that he considers financial sanctions in opposition to Russia “unproductive” and “non-constructive.”

British and Chinese language surprises

The participation of the leaders of two nations, Nice Britain and China, within the discussion board was fairly a shock for everybody. Beforehand, the British Prime Minister didn’t grace the discussion board along with his presence yearly. And here’s a shock: Theresa Could confirmed up in Davos. She had already managed to talk on the primary day. In essence, she introduced the plan for the nation’s exit from the European Union that everybody had been ready for. In keeping with journalists, it is a “exhausting” and “no half-tones” departure of Britain from the one European market. “We’re leaving the European Union, however we’re not leaving Europe.” Theresa Could emphasised that there may be no discuss of any partial membership within the EU, no affiliation with the EU, nothing that might imply that Britain has one foot right here and the opposite there. The British Prime Minister proposed concluding a brand new customs settlement and sternly warned Brussels in opposition to makes an attempt to punish London, including that such makes an attempt would backfire on the European Union itself. It feels just like the British woman is nearer in spirit to Donald Trump than to the Euro-integrators of Brussels or the globalists of Davos.

An excellent larger sensation was the looks of the President of the Folks’s Republic of China Xi Jinping in Davos. Of all of the twenty prime officers taking part within the discussion board, the Chinese language chief turned out to be probably the most influential. Somebody even joked: Davos has turned from a Swiss or European discussion board right into a Chinese language one. The President of the Folks’s Republic of China has already spoken on the discussion board and appeared earlier than its contributors as an ardent supporter of globalization. “Certainly, financial globalization has created new issues, however this isn’t a purpose to utterly abandon financial globalization. Fairly, we should adapt and handle financial globalization, mitigate its detrimental penalties and guarantee its advantages for all nations,” Xi Jinping mentioned.

Some analysts and journalists regard the surprising look of the Chinese language chief in Switzerland as an try by Beijing to grab Washington’s management within the international economic system, commerce, and politics. Different observers clarify the “Chinese language shock” as follows: Beijing is nervous and is taking measures earlier than Donald Trump begins to implement his anti-globalist guarantees. A lot of the guarantees are aimed in opposition to China, with which America has an enormous commerce deficit. Beijing has grounds for concern: Washington’s introduction of import duties of as much as 45% on Chinese language items, in addition to extra protectionist measures to neutralize the undervalued yuan trade price, might put an finish to the so-called Chinese language financial miracle.

The spirit of post-capitalism is blowing over Davos

Neither the lengthy nor the quick record of points submitted for dialogue on the discussion board contains one concern in relation to which all of the others are secondary. We’re speaking about methods to reform capitalism. Within the Soviet Union, the time period “common disaster of capitalism” was in use. It appears to me that at this time this very “common disaster of capitalism” has reached its apogee – given that financial and monetary globalization is near completion. Crucial factor is that capitalism can not develop with out intensive improvement of latest financial areas. Donald Trump most likely understands (or no less than feels) this. Nonetheless, he’s attempting to beat this very disaster by giving capitalism a step again – by stopping globalization and even turning it again. The discussion board in Davos, as we mentioned, introduced collectively supporters of globalization. They’re looking for recipes for saving capitalism, whereas persevering with to maneuver alongside the monitor of globalization. Paradoxically, within the close to future the management of communist China might transform the primary ideologist and propagandist of globalization. And the discussion board will transfer from Davos to someplace in Shanghai.

As for the intense Western “architects” of the brand new world order, evidently they’ve already put a cross on capitalism. They’re step by step introducing a brand new mannequin of world order into the consciousness of society. In the present day it’s encrypted with such phrases as “digital society”, “digital economic system”, “digital finance”. These phrases have been already heard finally 12 months’s discussion board; this 12 months the theme of “digital” is coming to the fore.

I’ve written many instances that the innocent idea of “digital society” hides an digital focus camp, through which every inhabitant receives a digital id and is managed by digital alerts. By way of the economic system, this mannequin utterly denies the liberty of market relations and assumes strict centralized distribution. This mannequin may be known as post-capitalism, or a brand new slave system. The spirit of post-capitalism is already blowing over Davos.

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