Ann Crotty Writer-at-large

The annual World Economic Forum (WEF) meeting at Davos seems to have become a parody of itself. So much so that it’s difficult not to suspect that Klaus Schwab, who runs the show, isn’t just making fun of us all when each year he describes, in terribly earnest terms, his latest plan to save the capitalist world from itself.

Anyway, despite 50 years of warnings of impending existential crises, the capitalist world continues to thrive amid growing inequality and Davos remains a must-attend spectacle for the world’s corporate and political leaders, which this year includes 17-year-old Greta Thunberg. Equally inevitably, here on the fringes of the global media, we continue feebly to poke fun at it.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now