What is the Great Reset?

Snipers hold their position on the roof of a hotel during the World Economic Forum (WEF) annual meeting in the Swiss Alps resort of Davos, Switzerland January 22, 2018. REUTERS/Denis Balibouse

Guest essay by Eric Worrall

Is the Great Reset a myth? Is it a Right wing fantasy? A global climate conspiracy?

According to the World Economic Forum website, the Great Reset is an initiative to build a fairer, more sustainable world, through international cooperation. An attempt to reassert the authority of governments over capitalism, to close remaining tax loopholes, and to ensure fairer outcomes for everyone. There’s just one problem. If the WEF Great Reset initiative succeeds, civilisation could end.

Great Reset or grating global conspiracy theory? Either way, don’t dismiss genuine anxiety

Parnell Palme McGuinness
November 21, 2020 — 12.00am

I have a clear-eyed view of the world, you have a bias, and they have a conspiracy theory. This is the way the declension usually seems to work. Our anxieties are real and the anxieties of others increasingly bizarre.

Earlier this month, Senator Pauline Hanson moved a motion to reject the World Economic Forum’s “Great Reset”. The senator asked Parliament to “note that adopting the policies would devastate the economic wellbeing and individual freedoms of Australians” and that the Australian government should boycott all World Economic Forum events in protest over The Great Reset agenda.

The Great Reset imagines a radically different economic system. In the words, and word order, of the global management consultants McKinsey, the agenda will be climate change, sustainability, social justice and the pandemic. A frequently cited phrase from a WEF 2030 prediction is that “you’ll own nothing and you’ll be happy”. To some this means communalism; others hear communism. Whether you see this as a shining vision or a dystopian dispossession depends largely on your social and ideological vantage point.

Read more: https://www.smh.com.au/national/great-reset-or-grating-global-conspiracy-theory-either-way-don-t-dismiss-genuine-anxiety-20201120-p56gee.html

I’ve got to say I’m not a fan of someone telling me I no longer own my stuff. But lets go to the source – how does the architect of the Great Reset describe his own initiative?

Now is the time for a ‘great reset’ 

03 Jun 2020
Klaus Schwab
Founder and Executive Chairman, World Economic Forum

COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s. But, while this outcome is likely, it is not unavoidable.

To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.

There are many reasons to pursue a Great Reset, but the most urgent is COVID-19. Having already led to hundreds of thousands of deaths, the pandemic represents one of the worst public-health crises in recent history. And, with casualties still mounting in many parts of the world, it is far from over.

This will have serious long-term consequences for economic growth, public debt, employment, and human wellbeing. According to the Financial Times, global government debt has already reached its highest level in peacetime. Moreover, unemployment is skyrocketing in many countries: in the US, for example, one in four workers have filed for unemployment since mid-March, with new weekly claims far above historic highs. The International Monetary Fund expects the world economy to shrink by 3% this year – a downgrade of 6.3 percentage points in just four months.

All of this will exacerbate the climate and social crises that were already underway. Some countries have already used the COVID-19 crisis as an excuse to weaken environmental protections and enforcement. And frustrations over social ills like rising inequality – US billionaires’ combined wealth has increased during the crisis – are intensifying.

Left unaddressed, these crises, together with COVID-19, will deepen and leave the world even less sustainable, less equal, and more fragile. Incremental measures and ad hoc fixes will not suffice to prevent this scenario. We must build entirely new foundations for our economic and social systems.

The level of cooperation and ambition this implies is unprecedented. But it is not some impossible dream. In fact, one silver lining of the pandemic is that it has shown how quickly we can make radical changes to our lifestyles. Almost instantly, the crisis forced businesses and individuals to abandon practices long claimed to be essential, from frequent air travel to working in an office.

Likewise, populations have overwhelmingly shown a willingness to make sacrifices for the sake of health-care and other essential workers and vulnerable populations, such as the elderly. And many companies have stepped up to support their workers, customers, and local communities, in a shift toward the kind of stakeholder capitalism to which they had previously paid lip service.

Clearly, the will to build a better society does exist. We must use it to secure the Great Reset that we so badly need. That will require stronger and more effective governments, though this does not imply an ideological push for bigger ones. And it will demand private-sector engagement every step of the way.

The Great Reset agenda would have three main components. The first would steer the market toward fairer outcomes. To this end, governments should improve coordination (for example, in tax, regulatory, and fiscal policy), upgrade trade arrangements, and create the conditions for a “stakeholder economy.” At a time of diminishing tax bases and soaring public debt, governments have a powerful incentive to pursue such action.

Moreover, governments should implement long-overdue reforms that promote more equitable outcomes. Depending on the country, these may include changes to wealth taxes, the withdrawal of fossil-fuel subsidies, and new rules governing intellectual property, trade, and competition.

The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability. Here, the large-scale spending programs that many governments are implementing represent a major opportunity for progress. The European Commission, for one, has unveiled plans for a €750 billion ($826 billion) recovery fund. The US, China, and Japan also have ambitious economic-stimulus plans.

Rather than using these funds, as well as investments from private entities and pension funds, to fill cracks in the old system, we should use them to create a new one that is more resilient, equitable, and sustainable in the long run. This means, for example, building “green” urban infrastructure and creating incentives for industries to improve their track record on environmental, social, and governance (ESG) metrics.

The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good, especially by addressing health and social challenges. During the COVID-19 crisis, companies, universities, and others have joined forces to develop diagnostics, therapeutics, and possible vaccines; establish testing centers; create mechanisms for tracing infections; and deliver telemedicine. Imagine what could be possible if similar concerted efforts were made in every sector.

The COVID-19 crisis is affecting every facet of people’s lives in every corner of the world. But tragedy need not be its only legacy. On the contrary, the pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world to create a healthier, more equitable, and more prosperous future.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.Written by

Klaus Schwab, Founder and Executive Chairman, World Economic Forum

The views expressed in this article are those of the author alone and not the World Economic Forum.

Read more: https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset/

Just in case the adults don’t get onboard with the Great Reset, the World Economic Forum has teamed up with Sesame Street, to reach out to the kids (h/t James Delingpole).

Although the Great Reset mentions sustainability and Covid-19, I suspect these concepts were loosely bolted on to the core idea to win broader support. The main focus of the Great Reset appears to be global political and economic unity, along with some concerning ideas about private property, and an especial emphasis on harmonising global taxation and fiscal homogeneity.

Why do I think Schwab’s Great Reset could lead to the downfall of civilisation?

The reason is if it works at all, Schwab’s Great Reset would put all our eggs in one basket.

Nations rise and fall all the time. Once great powers like Spain, Czarist Russia, the British Empire and Ottoman Turkey are now a shadow of their former glory. China, which a hundred years ago under the decrepit Qing dynasty was the plaything of greater powers, now challenges the USA for global supremacy.

Anatolia and Arabia for a thousand years preserved and built on the knowledge of ancient Rome and Greece, while much of the West tore itself apart in an orgy of cruelty and murderous barbarism. Constantinople (Istanbul), Aleppo in Syria, and Babylon Baghdad in Iraq were great centres of learning during periods of enlightened rule in the first millennium and early second millennium.

I think the pattern is pretty clear.

The point is, overall progress has continued despite the rise and fall of nations, and the incompetence and short sighted greed of politicians, because for more than two thousand years there has always been a safe haven, somewhere in the world for people of learning to flee the violence and barbarism of failed states and tyrants.

If the world’s nations embrace the Great Reset all this could change. If nations commit to marching in lockstep, there will no longer be an independent safe refuge, because all nations will make the same mistakes at the same time. The next fall could be global. A global fall which affects every nation simultaneously could take down everything.

Klaus Schwab, the architect of the Great Reset, was born in Germany in 1938.

Correction (EW): The House of Wisdom was in Baghdad, not Babylon.

5 1 vote
Article Rating

Discover more from Watts Up With That?

Subscribe to get the latest posts sent to your email.

274 Comments
Inline Feedbacks
View all comments
n.n
November 21, 2020 8:20 pm

The Great Reset involves Planned Population, redistributive and often retributive change, and establishment of a new, ostensibly “secular” Church. Here’s to progress: one step forward, two steps backward.

Patrick MJD
November 21, 2020 8:30 pm

I have been reading about this for a while. IMO, “resets” like described end in one outcome, usually. And that is either civil or global war.

Louis Hunt
November 21, 2020 8:50 pm

“There are many reasons to pursue a Great Reset, but the most urgent is COVID-19.”

Never let a crisis go to waste… Whenever the world experiences a serious problem, you can be sure that some group of intellectuals will come forward to propose a solution that will make the problem much, much worse.

November 21, 2020 9:03 pm

https://wattsupwiththat.com/2019/01/11/massive-government-cash-giveaways-needed-to-defeat-climate-change/#comment-2585722

Marxism made simple! For examples, consider current political cesspools Zimbabwe and Venezuela – and there are almost 100 similar failing leftist states.

The fearless leaders are Groucho Marxists – they want power for its own sake at any cost, and typically are sociopaths or psychopaths. The great killers of the 20th Century, Stalin, Hitler, Mao, Pol Pot, etc. were of this odious ilk – first they get power, then they implement their crazy schemes that do not work and too often kill everyone who opposes them.

The followers are Harpo Marxists – the “sheeple” – these are people of less-than-average intelligence who are easily duped and follow the Groucho’s until it is too late, their rights are lost and their society destroyed. They are attracted to simplistic concepts that “feel good” but rarely “do good”, and politicians’ promises of “lots of free stuff”.

One can easily identify crypto-Marxists – they are Democrats, Liberals, Greens, Socialists, Labourites, and today’s self-styled “Progressives”.

Almost 100 countries are now descending into the Marxist cesspool. Apparently, the untimely deaths of over 200 million innocents in the 20th Century were not enough. Do we really have to do this all again?

The great American statistician and philosopher George Carlin explained the appeal of leftist politics as follows:

Carlin said: “Think of how stupid the average person is; and then realize half of them are stupider than that!”

yarpos
November 21, 2020 9:10 pm

Thinking the WEF cares about “ensuring better outcomes for everyone” requires a level of delusion even I cant each.

November 21, 2020 9:11 pm

It’s all about socialist equality, right? Then why do all these leftist leaders drive around in Mercedes 600 limousines?
Mao, the egalitarian killer of ~80 million Chinese, had 25 of them, the most expensive cars of their time.
Someone has to be really stupid to want to relive the socialist disasters of the 20th Century, where fearless leaders like Stalin, Hitler and Mao killed about 200 million souls, mostly their own people.

https://www.westernjournal.com/sowell-biden-elected-push-us-past-point-no-return-like-roman-empire/

ABOUT EVENT 201, A HIGH-LEVEL PANDEMIC EXERCISE ON OCTOBER 18, 2019.
The Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation hosted Event 201, a high-level pandemic exercise on October 18, 2019, in New York, NY.

The Marxist “economic” model is like Venezuela and Zimbabwe – a murderous absolute monarch sitting atop a cesspool of poverty and oppression. That is the TRUE Marxist model, stripped of all the fancy rhetoric.
The death tolls attributable to these “fearless leaders” of the left are approximately:
Adolf Hitler – WW2 on all sides: ~50 million killed
Josef Stalin – Russians in internal purges: ~50 million killed
Mao Tse Tung – Chinese in internal purges during the “Great Leap Backwards”: ~80 million killed
Pol Pot – Cambodians in internal purges: ~3 million killed.

Fanatical ideologues are truly dangerous people – given enough power, they usually act the same way.

Mao owned 25 Mercedes 600’s [the most expensive car built in the 1970’s and 1980’s] – so much for Socialism. Many other vicious leftist dictators have also owned them – including Pol-Pot, Tito, Kim Il Sung, Idi Amin, etc., etc.

Louis Hunt
November 21, 2020 9:29 pm

“…reassert the authority of governments over capitalism”

There is no free market if governments control capitalism. Instead, you end up with only crony capitalism, or even worse, the 5-year plans of the old Soviet Union. These idiots assume (or want you to believe) that those who wield government power will all be angels seeking only the good of the people. They never dream that those in authority would ever use their power to benefit themselves or their friends.

“… That will require stronger and more effective governments, though this does not imply an ideological push for bigger ones.”

What a lie! A stronger government will result in a bigger one. Those in power always want to grow their kingdoms and preserve their power. The redistribution of wealth and property requires a police state that is stronger than the private armies of the rich and powerful. That will always require a big government as well as a strong one. Besides, you can’t enforce unpopular mandates like social distancing or zero carbon lifestyles without a large police state that has eyes on everyone. These social engineers know all that. But they also know that if they can get people to believe their lies long enough for them to get their foot in the door, it won’t matter anymore.

John Robertson
November 21, 2020 9:51 pm

Read an interesting comment a while back,”Kings have Gold,Gentlemen have silver,Peons have barter.”
Now our fearless leaders,seem hell bent on destroying our dollars..
The unit of exchange,a trade unit.

So we still need to trade and will resort to barter when all trust fails.

Now barter is quite amazing,because you have to have something of value to your desired trading partner.
What happens to all our minions when nothing they have and nothing they do is of any value?

The “Great Reset” might be a little more interesting than our parasitic overlords have imagined.

MarkW
Reply to  John Robertson
November 22, 2020 12:56 pm

Back in the 80’s, when income brackets were insanely high, I remember reading about job exchanges.
Individuals would sign up and list what their job skills were. I don’t remember exactly how they worked, but individuals would do work for others and earn credits, then they could use those credits to hire other members of the exchange to work for them.

The whole point was that since there was no cash been transferred, there was no taxable activity.

To put it simply, the the plumber would have an accountant do his taxes, and in exchange he would fix the accountants water heater. This was not as efficient as just hiring someone directly when you needed some work done, but because of the insane tax rates at the time, it made economic sense.

Reply to  MarkW
November 23, 2020 8:50 am

And by the 90’s, they started taxing those exchanges.

November 21, 2020 9:59 pm

VIDEO – TRUDEAU AND THE NEW WORLD ORDER:
https://twitter.com/i/status/1327657048415334400
Note to my American friends:
The Dems have the same strategy as Trudeau – it’s the Davos internationalist strategy from the Marxist World Economic Forum, “coming soon to a theater near you”.

LILLEY: TRUDEAU HAS EYES SET ON A GREAT RESET FOR CANADA
torontosun.com/opinion/columnists/lilley-trudeau-has-eyes-set-on-a-great-reset-for-canada
Brian Lilley, Nov 17, 2020

CONRAD BLACK: TRUDEAU’S ‘RESET’ AIMS TO REVISIT THE FAILED POLICIES OF YESTERYEAR
Nov 20, 2020
nationalpost.com/opinion/conrad-black-trudeaus-reset-aims-to-revisit-the-failed-policies-of-yesteryear

TRUDEAU’S ‘BRUTAL’ ATTEMPT TO USE COVID TO PUSH HIS GREEN AGEND
An ideological fixation — global warming — is taking over genuine efforts to fix the economy
Rex Murphy, Aug 27, 2020
nationalpost.com/opinion/rex-murphy-trudeaus-brutal-attempt-to-use-covid-to-push-his-green-agenda/wcm/ddfb5148-a12c-4e5c-944c-af7e7f4a7413/

November 21, 2020 10:07 pm

We need a War to end the European Union a.k.a. The Great German Empire … Hitler’s dream come true.

Klem
Reply to  Reg Muskett
November 22, 2020 5:54 am

When that war breaks out, I think it will begin in Germany.

November 21, 2020 10:42 pm

Despite all its declared good intentions, the Great Reset will have only one main consequence :
– intensification, generalisation of crony capitalism and corruption, as socialism does everywhere when applied.

This has never benefited the general population.

It is appalling to note that the fundamentals of economics, its history, are systematically forgotten or put aside (and replaced by lunacy masqueraded as a pathway to “global happyness”) and that the same mistakes are repeated over and over again.

Steven Cushman
November 21, 2020 10:50 pm

Why is it that BAD economic theories are ideas of Germans? Communism is the product of two Germans, Carl Marx & Friedrich Engles. The problem with these type of deep economic thinkers is they know nothing about human nature. Which is stupid since there was evidence from the 1620’s English Plymouth colony experience. The Mayflower compact setup a commune. And the original members almost died out because they couldn’t produce or gather enough food to survive. If it hadn’t been for the good relations with the native population they would have disappeared like the Roanoke colony. After the 1st year when Robert Cushman sailed to Plymouth Colony with his son Robert in the fall of 1621 the compact was changed from a commune to a capitalist system and the rest is history.

Reply to  Steven Cushman
November 22, 2020 4:01 am

And they went through a Great Reset known to academics as the 1688 Glorious Revolution, which revoked the Massachusetts Charter.

Looks like William of Orange’s ghost rides again.

So the Glorious Revolution of Prince “Reset” Charles predates the usual ‘isms, is a nostalgia for European feudalism.

wayne
November 21, 2020 11:43 pm

I thought we went through this already?!

BREXIT…..!

Ed Zuiderwijk
Reply to  wayne
November 22, 2020 3:09 am

Brexit was done on January 1st 2020. You are almost a year behind the facts. The UK is already an independent country and on its own. What you are confused by is the daily reporting on the attempts to deal with the fall out and the debris.

John Endicott
Reply to  Ed Zuiderwijk
November 23, 2020 8:49 am

Yes and no. The UK is an independent country still tied to the EU. The UK is still in the BREXIT transition period, which doesn’t end until Dec 31st 2020. In other words BREXIT isn’t actually fully done until then.

Loydo
November 22, 2020 12:11 am

I am drawing a link between the real “elites”: Rory’s “mega-rich” and the mega-powerful organisations, organisations controlled by your “few”. And who are the “few”? the mega-rich of course. Well, knock me down with a feather. Of course they are connected. Their goals are similar, their MO is similar; they can afford to exempt themselves with the same expensive lawyers, expensive lobbyists, expensive PR firms and the same Byzantine tax avoidance schemes. Industrial, legal and social “progress” is their sworn enemy. Alter the system that’s been making them mega-rich? Um, no. They are Rory’s “exempt” and who he should be railing against.

Ed Zuiderwijk
Reply to  Loydo
November 22, 2020 2:49 am

Tell us Lloydo who decides what is an “equally fair outcome for everyone”? I’ll tell you: a burocrat with a clipboard will decide that one has had his or her equally fair outcome, and no complaints will be accepted. Don’t believe me? History is full of examples. Just ask the Venezuelans, the Cambodians, the Chinese who survived Mao and so on.

MarkW
Reply to  Ed Zuiderwijk
November 22, 2020 1:00 pm

It will be fair when Loydo has everything it believes itself to be entitled to, and not a moment before.

MarkW
Reply to  Loydo
November 22, 2020 12:59 pm

The funny thing is that Loydo actually believes that the way to solve this corruption is to give even more power to these same elites.

griff
November 22, 2020 12:23 am

As represented by alt right and skeptic online channels, the ‘reset’ is of course just the latest in a long line of alarmist dog whistles calculated to play on the paranoia of their audiences.

How long has ‘agenda 21’ been toted as a threat? and what level of world control did it achieve? None. (It’s been rebranded as agenda 2030, right?)

LdB
Reply to  griff
November 22, 2020 1:38 am

So like “sea ice”, “polar bears” and “rising sea levels then” 🙂

fred250
Reply to  griff
November 22, 2020 4:30 am

griff WANTS agenda 21/30…

….. so much he has to DENY it even exists. !

And thinks it isn’t already mostly implemented and already cause major problems around the world.

Obviously walks around in a brain-dead little dream-state with zero cognizance of anything going on around him.

He won’t notice or even care once he is locked away in a little cardboard cell.

Harry Passfield
Reply to  griff
November 22, 2020 7:10 am

Griff, the form of words you used in that comment was so far removed from the dross that you usually come up with that I seriously doubt it is your own.
You try harder must.

MarkW
Reply to  Harry Passfield
November 22, 2020 1:03 pm

The griff collective consists of a number of trolls, some of whom are more literate than the others.

Reply to  griff
November 22, 2020 7:58 am

By way of example, Agenda 21 principles were clearly adopted by Progressive politicians to justify the high speed train boondoggle in CA.

Zoning in many communities are using its concepts to the detriment of residents.

MarkW
Reply to  griff
November 22, 2020 1:02 pm

That agenda 21 never managed to acheive everything those who planned it, is proof that it didn’t exist.
Furthermore it is also proof that the “reset” will also fail.

One constant with griff, they are good at spouting whatever nonsense they are being paid to spout.

SAMURAI
November 22, 2020 12:36 am

The Great Reset is a Leftist tyrannical movement designed to immorally and utterly destroy: free enterprise, private property rights, man’s free will, all natural human rights (speech, press, religion, assembly, petition, due process, privacy, freedom from government tyranny, personal thoughts & beliefs, personal/family protection, etc.,) and to empower the state to control every aspect of people’s lives and all the land, labor, capital and resources of an economy through the initiation of force, coercion, and enforced by the barrel of gun and through massive taxes, rules, regulations and mandates…

Tyrannical governments have been tried countless times and they never work, and always lead to extreme poverty, massive government debt, oppression, decreased living standards, and the loss of millions of people..

The purpose of government is simply to protect and defend the natural rights of its citizens, not to destroy them..

Leftists never learn the lessons of history, so they are doomed to repeat them..

November 22, 2020 12:40 am

Why the free pr for the Islamic society that destroyed the West just as it was recovering from Goths and company? Seriously distorted and anti-Christian view of history. We’re lucky that various Islamic realms didn’t burn everything from their predecessors and we were blessed to have Charles Martel in 711, Andrea Doria in 1571, and Sobieski in 1683, and of course many other heros in many other times, we’d all be part of the shithole the false prophet Muhammad created.

Vincent Causey
November 22, 2020 12:45 am

The essay “I own nothing and have no privacy,” is on the WEF website. It reads like the preface to some utopian (which is to say dystopian) sci-fi novel. Among the prescriptions is that the narrators living space is free but when he is out, other people use it for business meetings. Imagine that – strangers coming into your home when you’re not there. Full link below
https://www.weforum.org/agenda/2016/11/how-life-could-change-2030/

Nick Graves
Reply to  Vincent Causey
November 22, 2020 5:11 am

Thanks, Vincent – I needed a good laugh.

What a load of drivel!

I think these people ought to read Economics 101 before embarrassing themselves publically.

MarkW
Reply to  Vincent Causey
November 22, 2020 1:08 pm

What’s even more insane is how they believe society will work.

They believe that the house will be built because a group of carpenters had nothing better to do than build a house that day, so they did. Where did the lumber come from? Well these guys found a saw mill and decide that it would be fun to cut a bunch of trees into lumber, which they just left there in the mill because they had no use for it.

Where did the paint come from, another group of guys mixed some up, just because they felt like making paint that day.

I’ve debated these anarcho-socialists before. They are this delusional.

And how do they prevent someone from just grabbing some property and declaring it their own?
Well that’s going to be handled by a committee that has the authority to punish anyone who fails to live up to their social obligations.

John Endicott
Reply to  MarkW
November 24, 2020 6:47 am

You give them too much credit. They never think that far ahead. Food comes from the supermarket in their minds, they don’t give a thought as to what has to happen to get that food there in the first place. They certainly don’t give any thought to what effects the policies they champion will have on that process. Even when they end up waiting in the bread lines, they won’t be able to connect the dots from their policies to the bread lines. Instead they’ll blame it on their favorite boogeymen (“greedy rich people”, “old white men”, etc.)

Reply to  John Endicott
November 24, 2020 9:48 am

As can be seen in California, where they have had single-party rule for quite some time, yet still can’t see that those policies are what’s causing their pain.

John Endicott
Reply to  TonyG
November 25, 2020 2:39 am

As can be seen with the protests over “systemic racism” in the deep blue cities that have been ruled by Democrats for decades. The Democrats run and are the very system that they’re complaining about yet they keep voting them back into office to continue to run and be that system.

Neil Jones
November 22, 2020 1:00 am

It’s interesting that the Great Reset was being written about and talked about in some circles before Covid-19, it is the main reason for it

Ed Zuiderwijk
Reply to  Neil Jones
November 22, 2020 3:15 am

The logical end point of ‘I own nothing’ is that nobody owes anything and will not do anything more than mecessary to stay alive. The absence of any incentive to do anything more would have kept us in our prehistoric caves. Perhaps that is where lefties belong.

Reply to  Ed Zuiderwijk
November 22, 2020 12:44 pm

There are people who want that, at least for the masses. Of course, they think they’ll end up in power, living in luxury. They might, for a time, but it won’t last.

MarkW
Reply to  Ed Zuiderwijk
November 22, 2020 1:11 pm

I remember one young communist that I debated declared that the best way to get the rich to work harder was to increase their taxes.
In his mind, if you take more away from the rich, they will just work harder in order to keep the same after tax income and that this extra work would benefit everybody.

John Endicott
Reply to  MarkW
November 24, 2020 3:13 am

Heh. Well he was right about one thing. The rich *would* “work harder” – at avoiding the taxman, but that’s not work that’s beneficial to everybody and won’t help tax revenues any, It’ll just move money that otherwise would have been employed in taxable endeavors into untaxable areas.

Ed Zuiderwijk
November 22, 2020 2:42 am

“To ensure fairer outcomes for everyone”. Meaning: everyone equally ignorant and equally poor.

Reply to  Eric Worrall
November 22, 2020 12:45 pm

In these discussions I’m always reminded of Silent Running (the song)

Teach the children quietly, for some day sons and daughters
Will rise up and fight where we stood still.

Ben Dhyani
November 22, 2020 3:45 am

A news item just in time for this blog post…

Speaking during the G20 summit, Chinese President Xi Jinping promoted the idea of introducing globally-recognized health QR codes, saying it would help to restore coronavirus-hit international trade and travel.

“While containing the virus, we need to restore the secure and smooth operation of global industrial and supply chains,” China’s leader told the virtual G20 summit late on Saturday, while advocating the need to “reduce tariffs and barriers” and “liberalize” the trade of crucial medical supplies.

An attempt to introduce a “global” QR code-based system, supposedly designed to restore global travel, has already been made by the World Economic Forum (WEF). The group has actively promoted the ‘CovidPass’ application, advertised as a highly-secure “health passport.”

https://www.rt.com/news/507469-china-president-coronavirus-qrcodes/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

November 22, 2020 3:46 am

The biggest glacier in Greenland, Jacobshavn, in 2016 reversed from shrinking to growing. Dramatically. This was covered until 2019.

But in 2020 there is silence on the current status of the glacier.

Does anyone know the current status of Jacobshavn? Is it still growing? Ocean based trends are typically slow so rapid back and forth is unlikely.

The stony media silence that has fallen over Jacobshavn is curious. Anyone have any updates in the last few months of 2020?

Robert Arvanitis
November 22, 2020 3:50 am

Socialism fails every time, and every place, from USSR 1919 to Venezuela 2019.
When the state owns the means of production directly, there is no price signal to match supply to demand.
When the weldare state “redistributes” too much of the GDP, likewise there is too little signal and the economy fails. Either way it ends in disaster
UK and Scandinavia learned the latter lesson, to their great cost. and had to pull back.
America, bulwark of freedom int eh world, must not take that same risk.
Stop them, whatever it takes.

Carl Friis-Hansen
November 22, 2020 4:13 am

The Swedish Politburo is currently in fight with Professor Dr. Anders Tegnell to come on the Great Reset bandwagon.

Firstly Sweden is currently doing good. The mortality rate is normal (a little below normal) and has been below excess mortality since June 2020.
https://www.worldometers.info/coronavirus/country/sweden/

So Anders Tegnell has been correct all along, as would be expected by a top medical doctor.

However, politicians look at case number and their obligation to support the Great Reset, as they so bravely have done with their “brave” support of Climate Change Policy in the past decades.

Not not only: Where are the sick people, also who are the sick people.

Wim Röst
November 22, 2020 4:16 am

The Great Setback?

First think, then do. After being landed with the feet on the ground.