By Neenah Payne/Activist Post

Klaus Schwab, a German engineer and economist, is the founder and executive chairman of the World Economic Forum. He is the author of COVID-19: The Great Reset and The Fourth Industrial Revolution. The World Economic Forum planned to use the economic crisis caused by the COVID lockdown to roll out The Great Reset and The Fourth Industrial Revolution. This is the real meaning of the “new normal” we have been told we have to accept.

In his June 3, 2020 article It’s time for a massive reset of capitalism, Schwab said:

COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s. But, while this outcome is likely, it is not unavoidable.

To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.

Schwab explained that The Great Reset will replace “shareholder capitalism” with “stakeholder capitalism” — a merger of corporations and governments, which Mussolini defined as fascism! In January 2020, Forbes explained Why Stakeholder Capitalism Will FailForbes pointed out a better solution in The Triumph Of Customer Capitalism.

Henry Kissinger was Schwab’s mentor at Harvard and is a frequent honored guest at the World Economic Forum meetings in Davos, Switzerland. Kissinger is known for his quote, “Control oil and you control nations; control food and you control people.”