• Ch 5
  • The 2022 Global Economic Consortium’s (GEC) most significant geopolitical/geo-economic conference was a success. It featured the Reset the World Redux plan. The manifesto was published in 1973. Its 50th anniversary is in 2023. The  Economic Forum has launched a new Manifesto, a set of ethical principles to guide companies in the age of the Fourth Industrial Revolution. Companies should pay their fair share of taxes starting now. Also, uphold human rights throughout their global supply chain. Stakeholder capitalism’ is gaining momentum, partly thanks to the ‘Greta Thunberg effect.’  (A helpful pre-teen idiot). The single-minded focus on profits caused shareholder capitalism to become increasingly disconnected from the real economy. Many realize this form of capitalism is no longer sustainable.
  • The plan’s mission statement is: “The world needs a better outcome this time. We 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. The Global Event Runners and the Global Power Runners are already implementing the plan.
  • Bobby Goodnuf (The American Special Presidential Envoy for Climate) spearheads the American program. He is also raising funds across the globe. Bobby is a green machine for raising no-strings money. Covid has serious long-term consequences for economic growth, public debt, employment, and human well-being. We will strike while the iron is still hot. Croney Capitalism must, as fast as possible, be replaced with Stakeholder Capitalism. The prevailing shareholder-primacy model of profit maximization has to be erased. This form of capitalism is no longer sustainable. A more socially conscious economic system must replace it. We have two choices: 1st: State capitalism, where the government sets the economy’s direction. (think China). 2nd: Stakeholder capitalism,  where private corporations act as society’s trustees. A social organism is the main priority. We must make the change for future generations. Stakeholder Capitalism means giving corporations more power over society and democratic institutions. The mutual respect between companies and local institutions such as the government, schools, and health organizations grows. A constellation of stakeholders follows.
  • Installing a China-style State Capitalism right now is a bridge too far for most countries, but it will follow soon.
  • Stop being so selfish; we must serve the common good. The millennials and Generation Z are demanding this change. Hard work isn’t their thing. Look for ways to link environmental and societal benefits to financial returns. On its 50th anniversary, the Global Economic Consortium launched a new Manifesto, a set of ethical principles to guide companies in the age of the Fourth Industrial Revolution. The Event Runners need to leverage public policy, finance, and technology to protect vulnerable communities in a dangerously warmer world. That’s our story, and we’re sticking to it.
  • When the masses figure out what Stakeholder Capitalism is, socialism will already be in place. Global government debt is at its highest peacetime level. Global government debt is already at its highest peacetime level. Unemployment and inflation are skyrocketing in many countries. The world economy is sinking fast. A near-term free-fall isn’t out of the question. Frustrations over social ills, like the wealth gap between the poor and the rich, have exploded in the last decade. Social crises are already underway, and you ain’t seen anything yet. Less equal and more fragile is where we are headed. Incremental measures and ad hoc fixes won’t get it this time. Our redux plan calls for tearing down the existing societal foundations and building new ones for our economic and social systems. Our socialist press needs to crank up its bull horns relentlessly.
  • Proof that our redux plan is working.
  • Remember that climate change programs accomplish wealth re-distribution. When the playing field becomes even, socialism takes over. It is the eventual gateway to the goal of true communism. This will finally result in a global State-run Capitalism controlled by us.