Two days ago, the World Economic Forum – “Davos Man” – affirmed the vision of the Caux Round Table for Moral Capitalism’s (CRT) 1994 Principles for Business in their “Davos Manifesto 2020.”
Another domino of establishment opinion has fallen away from conventional wisdom.
I welcome Klaus Schwab to the movement and thank him for his support.
Klaus also issued a statement on Sunday explaining the reasons for more robustly affirming the approach to global capitalism advocated by the CRT.
I note that in his view, the three options open to global civilization for economic growth – social Darwinism for shareholders, nationalized socialism or moral capitalism – are the very same ones that were discussed at our Global Dialogue a couple of weeks ago.