The 'Great Reset' is not so great

What the BBC is calling a "conspiracy theory" the World Economic Forum is using as a title for their dangerous initiative to "reset" the global economy.

World leaders have pledged a “Great Reset” after and in response to the COVID-19 pandemic, according to a Washington Post article published last week.

The BBC calls the Great Reset a “conspiracy theory,” but the World Economic Forum is using the enigmatic phrase as a title for their efforts in “managing the direct consequences of the COVID-19 crisis.”

Is the Great Reset a conspiracy theory, or is it a catastrophic threat?

What is the Great Reset?

The Great Reset is a plan to abolish free-market capitalism as it exists in the world today.

The plan involves dramatic increases to global government power “through expansive new social programs like the Green New Deal and using vast regulatory schemes and government programs to coerce corporations into supporting left-wing causes,” according to The Hill, by leveraging the “COVID-19 pandemic (the short-term justification) and the so-called ‘climate crisis’ caused by global warming (the long-term justification).”

In June of 2020, the Great Reset mastermind Klaus Schwab demanded, “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,” said Schwab.

What's the background?

This plan to “reset” the global economy is being engineered and orchestrated by the World Economic Forum (WEF), an international NGO (non-governmental organization) founded in 1971 by Executive Chairman Klaus Schwab and headquartered in Geneva, Switzerland.

The WEF organizes annually in Davos, Switzerland, which has led to the Great Reset being referred to as the “Davos Agenda.”

The WEF’s mission is to “[engage] the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas” while focusing primarily on “mastering the Fourth Industrial Revolution,” “solving the problems of the Global Commons,” and “addressing global security issues,” according to its website.

The Forum employs more than 700 people with additional offices in New York, San Francisco, Beijing, and Tokyo and is “committed to improving the state of the world.”

According to Reuters, the WEF is asking the governments of the world to reform their fiscal policy, wealth taxes, and health sectors. This reform is “to be replicated across other sectors to bring about an industrial revolution.”

Who is promoting the Great Reset?

Here are some of the major world leaders who support the WEF Great Reset:

Joe Biden

John Kerry, the United States Special Presidential Envoy for Climate, “firmly declared” that the Biden administration will support the Great Reset, according to The Hill.

The Great Reset “will happen with greater speed and with greater intensity than a lot of people might imagine,” promised Kerry, adding “I know Joe Biden believes ... it’s not enough just to rejoin Paris [the Paris Climate Accords] for the United States. It’s not enough for us to just do the minimum of what Paris requires.”

Prince Charles

In his opening remarks at a WEF virtual meeting, Britain’s Prince Charles of Wales said that the coronavirus recovery represented a “reset moment” for the world, according to Reuters.

“We have a unique but rapidly shrinking window of opportunity to learn lessons and reset ourselves on a more sustainable path,” Charles told the WEF during the Great Reset launch event, adding “I can only encourage us all to think big and act now.”

Prince Charles has partnered his Prince of Wales’s Sustainable Markets Initiative with the Great Reset project.

Other World Leaders and Corporations

World leaders such as UN Secretary-General António Guterres, President of Microsoft Bradford Smith, International Monetary Fund chief economist Gina Gopinath, CEO of British Petrol (BP) Bernard Looney, CEO of Mastercard Ajay Banga, and chairman of the Green Finance Committee at the China Society for Finance and Banking and a member of the Monetary Policy Committee of the People’s Bank of China Ma Jun all spoke in support of the Great Reset at the WEF virtual meeting.

National Review notes the additional involvement of “partners” such as Apple, Facebook, IBM, IKEA, Lockheed Martin, Ericsson and Deloitte, and Sixsmith.

Why is the Great Reset bad?

Here are six reasons the Great Reset is dangerous:

1. The Great Reset is anti-private property.

A video produced by the WEF states that human beings will not only not own anything, but they will be “happy” about it.

“You’ll own nothing. And you’ll be happy,” the text reads in the video based on input of members of the WEF’s Global Future Councils, continuing “Whatever you want you’ll rent.”

Ida Auken is a Member of the Danish Parliament. She wrote a blog published by the WEF in which she imagines what life “could” be like after the Great Reset.

The Danish politician says her imagined lifestyle of the future “makes perfect sense” to her, but here is the way she describes it.

You decide whether this “makes sense.”

At the blog’s introduction, Auken welcomes the reader to a world in which no one owns anything.

Welcome to the year 2030. Welcome to my city - or should I say, “our city”. I don’t own anything. I don’t own a car. I don’t own a house. I don’t own any appliances or any clothes.

And at the end of the blog, Auken reveals that Schwab’s 2030 is more like Orwell’s 1984.

Once in a while I get annoyed about the fact that I have no real privacy. No where I can go and not be registered. I know that, somewhere, everything I do, think and dream of is recorded. I just hope that nobody will use it against me.

What’s to get annoyed about no personal space, endless registrations, and strangers spying on your literal thoughts and dreams so they can commit a crime against you?

2. The Great Reset is anti-Western values.

The same video produced by the WEF declares the end of Western values. It states that soon, “Western values will have been tested to the breaking point.”

The WEF claims (without evidence) that the Western world is prone to “nativism, xenophobia, racism, and Islamophobia.” This will be important later.

3. The Great Reset is anti-capitalism.

“Capitalism as we know it is dead,” states the WEF, and so it “must be modified to do a better job.”

The WEF intends that this “radical [economic] transformation” drives the world toward socialism. “Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs,” according to The Hill.

Capitalism, according to Schwab, needs to be replaced with “stakeholder capitalism,” which has been described as “newspeak for economic fascism” and would ultimately, and ironically, hurt stakeholders more than help them.

According to the Foundation for Economic Education (FEE), “The changes favored by the ‘Great Reset’ movement would force businesses to serve the interests of ruling elites and leave true stakeholders out in the cold.”

David Beasley is the Executive Director for the United Nations World Food Programme (WFP). In a video published by the WEF, Beasley makes his case for why the WEF needs to step in to help the world’s food systems.

Beasley argues that the WEF must intervene because 10% of the world’s population lives in extreme poverty.

However, and bizarrely, Beasley admits in the video that the current free-market based food system is in fact “not broken.”


“The food system is not broken,” says Beasley, adding “200 years ago, 95% of the people on earth were in extreme poverty. And that was with 1.1 billion people. Today 7.7 billion, less than 10 percent of the people are in extreme poverty. So, we’ve built and designed a system that really has improved and substantial success” (sic).

If the food system is not broken, why do we need the WEF?

Beasley says, “But try telling that to the 10 percent that aren’t getting an appreciation of this great asset sharing. So, we’ve got to continue work the system.”

In other words, Beasley wants to force the WEF onto the global economy even though he is well aware that free-market capitalism has a proven track record of bringing the most people out of extreme poverty to date, and doing so better than any other economic system.

In fact, it is socialist countries, not capitalist ones, that have the most starving citizens. In Venezuela, for example, 9.4 million Venezuelans are moderately to severely malnourished, according to the U.S. State Department, and over 90% of Venezuelan families report not being able to buy enough food. In 2018, Venezuelans lost an average of 24 pounds each.

The last 10% of the world’s population still in poverty need more free-market capitalism, not less. The last thing they need is socialism.

4. The Great Reset is anti-American.

The WEF claims that by 2030 “The US won’t be the world’s leading superpower,” but instead “A handful of countries will dominate.”

This, even though “America is the world’s most powerful, prosperous nation precisely because of the very market principles the Great Reset supporters loathe, not in spite of them,”