This years’ World Economic Forum (WEF) in Davos, Switzerland, marks the start of the perennial capitalist meet-and-greet summit season.
The economic equivalent of the Oscars, the WEF is a time for the 0.1% to celebrate the achievements and successes of free-markets, and to discuss how to keep the crumbling ship from running ashore; it’s also a time to get in a few good runs on the slopes, deep tissue massages and a soothing hot tub session on the 99%’s dime.
Nestled in the picturesque Swiss Alps where the melting glaciers are deceptively intact and the hotels serviced by an army of invisible temporary workers, approximately 2000 global elites discuss everything from redistributing their obscene profits (a.k.a philanthropy) and environmental sustainability, to forecasting new areas of expansion and the future of capitalism.
On this latter note, delegates will be treated to a special brainstorming session on corporate capitalism’s forecast led by the wisdom of Bank of America CEO, Bryan Moynihan. Then to jazz things up, there will be several roundtable discussions with social media and internet hotshots, Facebook and Google, on how the revolutionary elements of web organizing can reinforce market growth.
Gag. Why hasn’t a stink bomb already gone off in this place?
Here is the latest on the Occupy igloo’s outside the Davos security permitter.