Friday, January 13, 2012

World Economic Forum warns of economic turmoil and social upheaval

Click here to access article by Larry Elliott from The Guardian. 
The threat of fresh economic turmoil and social upheaval could put at risk the gains produced by globalisation, the World Economic Forum said on Wednesday.
In its annual assessment of the outlook for the global economy, the WEF set the scene for its meeting in Davos later this month by warning that the "seeds of dystopia" were being sown.
The World Economic Forum is, of course, where the political operatives of the world's ruling capitalist class come together once a year to plot strategy, which means conspire to serve their needs. (Yes, conspiracy, like shit, happens!) This year they are clearly worried. Their policies of globalization are now wrecking havoc on the 99 Percent and the environment. They are beginning to see signs of revolt coming from the hoi poloi. I really don't think that they are worried about dystopia so much as they are about the revolting 99 Percent, especially the way the latter are using the internet to change things.