Comment: Davos is Wrong — Giving Corporations More Power Cannot Solve the Planetary Crisis

Source: Desmog UK


Read time: 3 mins

By Dr. Katherine Kramer, Global Lead on Climate Change for Christian Aid

This week’s meeting of economic leaders World Economic Forum (WEF) at Davos has the theme of ‘Shaping globalization 4.0’.

While some of us may have missed out on the nuances of the previous three incarnations of globalization, WEF’s chosen theme is in response to the trend of increasing nationalism and general pulling back behind national borders. The Forum’s founder and executive chairman Klaus Schwab has argued that cross-border problems like climate change require “a new social compact” between leaders and the citizenry so that people feel secure enough domestically to be open to the world beyond their borders.