Tag Archive 'globalization'

More Davos ‘Globaloney’

Published by under Economics

By Peter Foster
National Post, January 29, 2009. 7:03 PM

The typically pretentious theme of this year’s World Economic Forum in Davos is “Shaping the Post-Crisis World.” But didn’t Davos shape the pre-crisis world, and thus the crisis itself? The annual Alpine gabfest has long been the epicentre of ‘globaloney,’ a mixture of serious discussion, subversive ideas and outright flakery. It has certainly never — as some critics believe — been about promoting capitalism. Rather it has always been a mercantilist stew in which big businessmen, big government and big international bureaucracy get together to suck both the collective thumb and the collective teat. Its ideological heart is the impossible UN dream of “global governance,” and of a corporate sector moving “beyond” mere profits to take on the heavy mantles of social responsibility, sustainable development, Global Compacts and Millennium Development Goals. Continue Reading »

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