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World Economic Forum in Davos set to go ahead next month

Even as Europe and Switzerland grapple with a fresh wave of coronavirus infections.
Image: Bloomberg

The World Economic Forum scheduled for next month in Davos is set to go ahead even as Europe and Switzerland grapple with a fresh wave of coronavirus infections.

Multiple countries have implemented new restrictions, including Switzerland, which this week said anyone entering the country must present a negative PCR test and do a second test four to seven days after arrival. The government also expanded the use of masks and covid certificates, and urged people to work from home.

The event “will provide a key platform for global health leaders to meet with government and business at the highest level to move forward,” a WEF spokesman said in an emailed statement. “Switzerland is open to international travel and events, conducted under sensible and strict public health measures.”

Switzerland on Wednesday recorded more then 12 000 new infections within 24 hours. The government on Tuesday decided to call in the armed forces to assist hospitals with patient care, transport and vaccinations.

© 2021 Bloomberg

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The World Economic Forum puts us on the Road To Serfdom as described by August Von Hayek. It is easy for a juvenile to run away from home until hunger and fatigue set in. Then, he runs towards Mommy and collapses in front of the TV.

This scenario describes the collectivist politicians, academics, and businessmen at the WEF in Davos. They turn their backs on property rights and chase after the mirage called the “Great Reset”, until economic contraction, rising unemployment, a shrinking tax base, poverty, moral decay, and hunger, that result from their policies, force them to return to the free market system and the sanctity of property rights.

China went full circle in this regard over a period of 70 years, and 45 million people died in the experiment called the Great Leap Forward. The Great Reset is the modern, global version of the Great Leap Forward. The road to hell is paved with good intention….and ignorance.

“Our freedom of choice in a competitive society rests on the fact that, if one person refuses to satisfy our wishes, we can turn to another. But if we face a monopolist we are at his absolute mercy. And an authority directing the whole economic system of the country would be the most powerful monopolist conceivable…it would have complete power to decide what we are to be given and on what terms. It would not only decide what commodities and services were to be available and in what quantities; it would be able to direct their distributions between persons to any degree it liked.”
― Friedrich August von Hayek, The Road to Serfdom

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