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The ‘Great Reset’ Is a ‘Great Setback’

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Commentary “You will own nothing, and you will be happy.” This confronting statement emanates from the World Economic Forum (WEF), an international non-governmental lobbying organisation established in 1971 by German engineer and economist Klaus Schwab. The forum is headquartered in Switzerland, and since its inception, it has sponsored projects that are enthusiastically embraced by those who seek to overturn the existing world economic order. Importantly, WEF organises the famous Davos Agenda talkfest, where leading economists, politicians, and even royalty share their views on social, financial, economic, and political developments worldwide. Lately, WEF has been resolutely promoting the “Great Reset.” But what is it? Klaus Schwab and Thierry Malleret published a book in July 2020, entitled “COVID-19: The Great Reset.” With this publication, they seek to identify the weaknesses of capitalism which, according to them, were exposed by the pandemic. But the idea can be traced back to 1971 when Schwab …



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