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‘Cocktails, caviar & Russian models’: Does anything actually get achieved in Davos?

43 12 6
24.01.2019

THE elites from the worlds of business, politics, and finance have descended on the small Swiss town of Davos for four days of lectures, discussions, and a decent serving of debauchery.

The annual World Economic Forum (WEF) has understandably got a bad wrap over the years for its reputation as a glitzy back-slapping, networking session for the world’s super-rich.

More often than not, it appears to outsiders to be nothing more than an opportunity for leaders of industry and political figureheads to come together, have a good session of sycophantic self-congratulation, and bemoan the very problems they themselves created.

SEE ALSO: What to loo, out for at Davos 2019

This year, for example, the evils of inequality will be tackled by a crowd containing more than its fair share of austerity-preaching politicians, presidents of investment banks, and a mass of multi-millionaires.

Similarly, oil and gas CEOs will be among those attending discussions on climate change and environmental degradation. In related news, it’s worth bearing in mind there was a record number of private jet flights for this year’s conference – 1,500 in total for all of 3,000 attendees.

It’s not hard to see where the accusations of hypocrisy stem from.

Ski village of Davos, Switerland where leaders of business and politics meet annually. Source:........

© Asian Correspondent