Newsletter – Democracy, Not Corporatocracy
By Margaret Flowers and Kevin Zeese forPopular Resistance. What does a corporatocracy look like? Klaus Schwab, the founder of the World Economic Forum, says, “the sovereign state is obsolete.” Instead, WEF’s goal is to give a greater role for corporations in global governance through “40 Global Agenda Councils and industry-sector bodies.” In essence, the Global Redesign Initiative of the World Economic Forum seeks to privatize government. The next battle to stop corporate government on a global scale will be the TPP. Stopping the TPP will be a tremendous victory of popular power over corporate power. We can stop the World Economic Forum's vision of a global governance redesigned into a corporatocracy and create a world of popular democracy for a livable future for everyone.