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Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Radical new thinking was missing from Davos

Radical new thinking was missing from Davos | The Great Transition | Scoop.it
Discussions at the World Economic Forum meeting focused largely on growth and left sustainable transformation at the periphery, says Chandran Nair...

 

Chandran Nair of the Global Insitute for Tomorrow hits the nail on the head with his evaluation of the Davos summit: political and business elites still shy away from the real and radical transformation. How could it be different as they have created the problems with their fundamentalist quasi-religious belief in uneconomic growth?

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Davos man weighs future of capitalism

Davos man weighs future of capitalism | The Great Transition | Scoop.it

The WEF's Schwab says capitalism's original distinction between the entrepreneur and the salaryman has been corrupted by excessive pay. He says top managers should not earn more than 20 times their lowest paid worker.

 

Does Mr Schwab practice what he preaches at WEF? Any of his lowest paid workers want to answer that question?

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WEF Davos: Global Confidence Index

WEF Davos: Global Confidence Index | The Great Transition | Scoop.it
Fear among international experts of a major geopolitical disruption over the next 12 months has risen significantly to 54%, just as confidence in the state of global cooperation has dropped, according to the World Economic Forum’s third Global Confidence Index.

 

Can the Davos elites please do some soul-searching to understand how their long-time support of Washington Consensus policies has led to this fragile world?

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Taking Back Globalization - Olivier De Schutter

Taking Back Globalization - Olivier De Schutter | The Great Transition | Scoop.it
At Davos this year, the world’s economic and political leaders stand warned: do globalization better, or it will be derailed by the growing legions of the discontented.

 

Excellent analysis by UN Special Food Rapporteur Olivier De Schutter of the failures of capitalist globalisation. See my further comments on http://3eintelligence.wordpress.com .

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The Challenge at Davos: A Crisis of Global Politics, Not Just the Economy

The Challenge at Davos: A Crisis of Global Politics, Not Just the Economy | The Great Transition | Scoop.it

Excellent analysis by Time of the demise of democratic politics and the rising success of state capitalism. But is "Davos Man" really ready for these uncomfortable questions and the necessary "Great Transformation"? 

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World Economic Forum's Call to Action is stuck in 20th century thinking

World Economic Forum's Call to Action is stuck in 20th century thinking | The Great Transition | Scoop.it

The Global Issues Group (GIG) of the World Economic Forum, comprised of leaders of the world’s multilateral and regional institutions has published this "Call to Action' in the run-up to the WEF's annual meeting in Davos.

 

The Call to Action reflects the failing worldview that have led the world to the brink of economic and ecological collapse. With its unqualified demands for more economic growth, the Call misses the new realities of the 21st century: energy descent, ecological limits to growth and the failure of GDP as a measure of prosperity and quality of life.

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Robin Stafford's comment, January 22, 2012 5:41 AM
"Environmental pressures are putting a significant strain on growth" - they really have got the cart in front of the horse. A depressing indictment of WEF's thinking - just arguing for more of what has got the world into its economic and environmental crisis in the first place

Robin