The plutocrats in Davos
An analysis of Philipp Löpfe. Updated at 15:22
http://bazonline.ch/schweiz/wef/Die-Plutokraten-in-Davos/story/19678985?dossier_id=1261
What was Ascot for the British aristocracy, the
WEF for the new global plutocracy. The meeting
will not take place by chance in Switzerland.
Philipp Löpfe author is in the department of economics baz.ch / Newsnet.
Known WEF participants
The WEF is a gathering of the international
business leaders and heads of state. Opting for the 43rd Has filed forum.
Dossiers
World Economic Forum
Big-City Poster Davos
WEF seeks to dialogue with North Korea
If spotter aircraft succumbed
In her book "Plutocrats" says the
Canadian-American financial journalist Chrystia
Freeland (Reuters, "Financial Times") following
anecdote: The wife of a highly successful New
York hedge fund manager told her that her husband
was in Davos much better versed than in
Manhattan. "Home", she says, "he is always driven
by a chauffeur, in the snowy Swiss village on the
other hand the roads are too small for large
sedans. Therefore, it is the only place where he actually goes on foot. "
The WEF in Davos is no longer the informal
meeting of business leaders and political leaders
that it may possibly have been once. Today, the
WEF has become a cause of the new global
plutocracy. Who is taking, not only accepted,
occasionally to go on foot, so he demonstrates
above all that he belongs to the elite and to the
winners of globalization. Therefore the speeches
like boring, slow, and the discussions of the
champagne have become hot - yet each year in late
January a very illustrious guests in Davos.
Of the Bilderberg conference to Wimbledon
As once the horse races at Ascot had been a
mandatory event for the British aristocracy, the
WEF has become the prelude to the meeting of the
new plutocracy. Others will be added later in the
year: The event of the Bilderberg Group, to be
held at different locations. At the Boao Forum,
the Prince Ling from China meet the Western
elite. The events of the former U.S. president
Bill Clinton, the Clinton Global Initiative,
evolve into a must, as is the convention of the
media mogul Herb Allen Sun Valley and the Aspen
Ideas Festival. A short visit to the Wimbledon
tennis tournament does also not bad.
Nearly 4,000 super rich live in Switzerland
Who are the new plutocrats? In banking jargon
they are called UHNWI: The acronym stands for
"ultra high net worth individuals," an English
expression for the super rich. They have become a
global group. «2011, there were 84'700 UHNWI in
the world," notes Freeland. «29,000 possessed a
fortune, which was greater than $ 100 million and
2700 owned more than half a billion. UHNWI 37,500
live in North America (44 percent), 23,700 in
Europe (28 percent). And 13,000 in Asia »
Switzerland currently live UHNWI 3820. In
absolute terms, the Confederation is thus at the
fourth international UHNWI Hung. Divided by the
population it occupies a solitary top spot. "Some
countries have developed into a kind of a service
company for the members of the global
plutocracy," says Freeland. "For Switzerland,
Monaco and this applies for generations.
Recently, Singapore and Hong Kong also joined them. "
The rise of the new plutocracy
The new plutocracy owes its rise two factors:
globalization and technological progress. Both
together has meant that the income gap has opened
up dramatically in the last two decades. Today,
the ditch runs not between rich and poor, but
between the middle class and the super rich. Who
wants to belong to the UHNWI must not earn a
dozen times as much as a mortal, he has to earn a
hundred times more. This arouses aggression.
The plutocracy is benefiting from the descent of
the nation states. It benefits from some
scattered around the globe and consumers have
become powerless states that are no longer in a
position to impose reasonable taxes. That is
dangerous. The anger of the middle class to the
new elite is. Also in Switzerland. The emotional
debate about the rip-off initiative is the best
example. It is not left versus right, but middle
class against UHNWI. It is therefore in the
minority initiative and to the brotherhood of SP and parts of the SVP.
Switzerland will have to decide
Geopolitically this development for Switzerland
is increasingly becoming a problem. During the
Cold War it was a neutral island, which offered
protection from communism threatened citizens.
Today it has become a haven for UHNWI. Therefore,
the pressure on our country, on the grounds of
bank secrecy or because of tax treaties. To rant
just on the United States or the even more evil
evil EU is no longer enough. Switzerland will
have to decide on which side they stand: on the
side of the plutocrats - or the middle class.
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Please consider seriously the reason why these elite institutions are not discussed in the mainstream press despite the immense financial and political power they wield?
There are sick and evil occultists running the Western World. They are power mad lunatics like something from a kids cartoon with their fingers on the nuclear button! Armageddon is closer than you thought. Only God can save our souls from their clutches, at least that's my considered opinion - Tony
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