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Populism vs. Davos Man during COVID

“We are living in a world designed by Davos Man to direct ever-greater fortune towards Davos Man.

The billionaires have financed politicians who champion the uplifting of the already stratospherically uplifted. They have deployed lobbyists to eviscerate financial regulations, permitting banks to lend and gamble relentlessly, while depending on public largesse to cover their losses. They have defenestrated antitrust authorities, clearing the way for mergers that have enriched investment banks and shareholders, while bestowing oligarchic control upon large companies. They have squashed the power of labor movements, shrinking paychecks and handing the savings to shareholders.”….

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