The following report appeared in this week’s European Strategic Alert:
In early June, the World Economic Forum launched the “Great Reset” initiative, aimed at coming up with policies for global governance institutions as a response to the economic crisis produced by the lockdown measures. The initiative was sponsored by the British Monarchy (the Prince of Wales), and the keynote speech was given by IMF Managing Director Kristalina Georgieva.
In the meantime, the Great Reset has become a favorite target of conspiracy websites, which have mixed half-truths and fake news, to present it as a “global health dictatorship.” Some clarification is needed.
In her speech, Ms. Georgieva laid out the three pillars of the Great Reset, in order of importance: 1. Green Growth; 2. Smarter Growth; and 3. Fairer Growth. https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset
With Green Growth, the bailout of the bankrupt financial system is intended, through a “Green Bubble” generated by massive government spending for an “energy transition” into a “carbon-free” economy. The blueprint for that is the “Green Deal” policy of the European Commission and the Green finance lobby led by former Bank of England Governor Mark Carney.
Under Smarter Growth, special emphasis is given to the “digital economy” and overcoming the “digital divide” among countries in the world. Digital technologies, although important, cannot replace energy, transport and other basic infrastructure without which economic growth is impossible, but which the Great Reset ignores.
The third pillar, “Fairer Growth,” emphasizes the “expansion of social programs.” Behind the nice words is the intention to manage increased poverty with handouts, rather than eliminating poverty worldwide.
In sum, the Great Reset is just a newer version of the Keynesian policy adopted by Hjalmar Schacht, Hitler’s Finance Minister, to streamline the financial system in such a way as to bail out the assets of the super-rich and destroy the middle class. As Keynes specified in the German edition of his work, The General Theory of Employment, Interest, and Money, in 1936, such policies are best implemented by authoritarian regimes.
Rather than exposing and rejecting this policy in those terms, conspiracy websites and some populist forces have adopted a distorted version of the Great Reset, claiming that it aims at a “health dictatorship” run by Bill Gates and the Chinese, to force vaccination on the population and threaten with expropriation those who refuse. The more radical version of this theory considers Covid-19 to be a man-made Chinese plot against the West.
While transatlantic governments have failed to control the pandemic, and are restricting liberties in order to stay in power, it is dangerously misguided to present mandatory vaccination as part of a health dictatorship. Vaccination is humanity’s conquest over illness. It existed well before Bill Gates, and to oppose it because Bill Gates is for it, is like being against motorways because Hitler built them. The anti-vaccination movement is a product of the same “factory of irrationality” which produced radical climate movements.
