Many cannot imagine the end of the #capitalism - yet, the #rulingclass lives in fear of this very real threat.
Many believe we are powerless - yet, the ruling class fear #revolt/rejection of the system.
May 27 2014: Christine Lagarde (#IMF) talks #Marx:
Many believe we are powerless - yet, the ruling class fear #revolt/rejection of the system.
May 27 2014: Christine Lagarde (#IMF) talks #Marx:
Jan 23, 2014 Bloomberg interview with Lagarde at the World Economic Forum:
"Essentially what we believe is needed - is a #reset of the way in which the economy grows around the world."
#GreatReset #WEF
"Essentially what we believe is needed - is a #reset of the way in which the economy grows around the world."
#GreatReset #WEF
May 27, 2014, Larry Summers: "This idea that #capitalism is about to fail, is one that we have seen before":
#4IR #Technology
#Displacement via #automation
#Education #Health
[Bio: larrysummers.com/press-contacts…]
#4IR #Technology
#Displacement via #automation
#Education #Health
[Bio: larrysummers.com/press-contacts…]
— The Path Forward—Act Now & Act #Together, opening address to the 2011 Annual Meetings of the Boards of Governors of the #WorldBank Group & the #IMF, Christine Lagarde, managing director, International Monetary Fund
theartofannihilation.com/the-global-cli…
theartofannihilation.com/the-global-cli…
THE WEF, A Partner in Shaping History, 1971–2020
2012 "The Great Transformations: Reshaping the World"
p 294
In a session on the future of #capitalism, Sharan Burrow, Gen. Sec. of the International Trade #Union Confederation: "We must redesign the model. We must #reset it..."
2012 "The Great Transformations: Reshaping the World"
p 294
In a session on the future of #capitalism, Sharan Burrow, Gen. Sec. of the International Trade #Union Confederation: "We must redesign the model. We must #reset it..."
2016: In a keynote address, US VP #Biden took up the potential for the #4IR to pull down the middle class: "When the middle class does well, the wealthy do very well & the poor have a ladder up…The #4IR has the potential to further #hollow out the middle class." [p. 331]
2017: "We are at a point where it is possible that technological development can accelerate & increase #digital #refugees"
"Each country will have to set out its action plan to prepare for the wrenching transformations of the Fourth Industrial Revolution."
#WretchedoftheEarth
"Each country will have to set out its action plan to prepare for the wrenching transformations of the Fourth Industrial Revolution."
#WretchedoftheEarth
"#Inequality & a sense among the middle class that governing elites do not represent them have led to growing
popular #discontent & political movements aimed at tapping that resentment. '#Populism scares me,' #Dalio declared [] calling [it] "the #1 issue for #market participants"
popular #discontent & political movements aimed at tapping that resentment. '#Populism scares me,' #Dalio declared [] calling [it] "the #1 issue for #market participants"
#DavosDelusions: ">>>The international order that has promoted peace, security and prosperity in the world since World War II<<<has come under severe stress, with mounting doubts about its integrity & viability going forward."
#China #India
[p. 369]
#China #India
[p. 369]
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