Who are World Economic Forum?The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, is an NGO, founded in 1971. The WEF's mission is cited as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". It is a membership-based organization, and membership is made up of the world's largest corporations. The WEF hosts an annual meeting at the end of January in Davos, a mountain resort in Graubunden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 business leaders, international political leaders, economists, celebrities and journalists for up to five days to discuss global issues, across 500 public and private sessions.
What is Technocracy?Technocracy is an ideological governing system in which decision-makers are selected on the basis of their expertise in Science or Technology. This system contrasts with the notion that elected representatives should be the primary decision-makers in government, though it does not necessarily imply eliminating elected representatives. Leadership skills for decision-makers are selected on the basis of specialized knowledge and performance, rather than political affiliations or parliamentary skills.
What is the Great Reset?To improve the state of the world, the World Economic Forum is starting The Great Reset initiative. The Covid-19 crisis, and the political, economic and social disruptions it has caused, is fundamentally changing the traditional context for decision-making. The inconsistencies, inadequacies and contradictions of multiple systems from health and financial to energy and education are more exposed than ever amidst a global context of concern for lives, livelihoods and the planet. There is an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the COVID-19 crisis.
What is Democracy?Democracy, at its core, is a system of government where power ultimately resides in the people, who elect their representatives or participate directly in decision-making. It's often characterized by free and fair elections, protection of individual rights, and the rule of law. Democracy also implies accountability, meaning that elected officials are held responsible for their actions and decisions.