Samuel Gregg

Why it isn’t mad to oppose the World Economic Forum

Klaus Schwab (photo: Getty)

The World Economic Forum (WEF) and its long-serving founder and Executive Chairman, Professor Klaus Schwab, are the subjects of many insane conspiracy theories. This NGO, which again this January will bring together politicians, business leaders, journalists, academics, and assorted celebrities in Davos, has been accused, among other things, of being a secret cabal of paedophiles who used the Covid-19 pandemic to harvest children’s blood so as to hasten in a Satanic New World Order.

It isn’t mad, however, to regard the WEF as a dangerous force in global politics. The WEF is a dangerous force in global politics. To adapt Joseph Heller, just because you are paranoid, doesn’t mean the WEF isn’t after you. A shared distrust of the WEF brings together anti-capitalists on the left and culture-warriors on the right. But that distrust is based on a misunderstanding of what the WEF is these days really all about.

For many WEF critics, the vileness of the organisation can be encapsulated in one word: ‘neoliberalism.’

Written by
Samuel Gregg
Samuel Gregg is Distinguished Fellow in Political Economy at the American Institute for Economic Research and author, most recently, of The Next American Economy: Nation, State, and Markets in an Uncertain World (2022)

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