Business News

Pandemic should result in actual change to keep away from the chance of battle and revolution, says the WEF founder

Participants in a demonstration against racism hold a clenched fist on the Neumarkt, the so-called "Black Power" symbol. The rally of the group "Black Lives Matter Dresden" wants to draw attention to structural racism after the violent death of George Floyd.

Sebastian Kahnert | Image alliance via Getty Images

The founder of the World Economic Forum has warned that failure to combat the deep-rooted diseases of our society after the coronavirus pandemic could increase the risk of "violent shocks" such as conflict and revolution.

The book by Professor Klaus Schwab and French author Thierry Malleret "Covid-19: The Great Reset" shows what the world could look like after the corona virus less than four months after the first pandemic of the outbreak.

They argue that the global health crisis "has widened the fault lines that are already pressing our economies and societies" and that a large number of surveys have shown that many "want change together".

The outrage after the murder of George Floyd by the police and the wider movement of the Black Lives Matter reflect the "urgent need" to tackle the so-called "Great Reset", the authors said.

"George Floyd's death was the spark that sparked the fire of social unrest, but the underlying conditions created by the pandemic, particularly the racial inequalities it exposed and rising unemployment, were the fuel that fueled the protests and sustained them," added Schwab and Malleret added.

To date, nearly 13 million people worldwide have tested positive for Covid-19, and according to Johns Hopkins University, there have been 569,128 deaths.

The International Monetary Fund previously warned that the world is heading for the worst financial crisis since the Great Depression, while the International Labor Organization said that almost half of the global workforce could destroy their livelihoods due to the outbreak of the corona virus.

"Many of us are considering when things will normalize again. The short answer is: never," write Schwab and Malleret. "Nothing will ever return to the" broken "feeling of normality that pre-crisis prevailed because the coronavirus pandemic is a fundamental turning point in our global development."

They add: "Some analysts call it a big fork, others refer to a deep crisis of & # 39; biblical & # 39; dimensions, but the essence remains the same: the world as we saw it in the early months of 2020 knew, is no longer resolved context of the pandemic. "

The co-authors of the book published on Monday insist that the world must immediately see a reset that will set the world on the road to a more inclusive, just and respectful future.

"This is not a & # 39; nice to have & # 39; but an absolute necessity. If we don't tackle and fix the deep-rooted evils of our societies and economies, there is an increased risk that, as in history, there will ultimately be a reset imposed by violent shocks such as conflict and even revolutions, "said Schwab and Malleret.

"It is up to us to grab the bull by the horns. The pandemic gives us this chance: it represents a rare but narrow window of time to reflect, redefine and reset our world," they concluded.

Related Articles