From WSJopinion: The millionaires and billionaires assembled in Davos this week face a crisis of relevance, writes wrmead
Or at least that’s how populism’s rise feels to those at the World Economic Forum.Jan. 20, 2020 4:08 pm ET Davos, Switzerland For half a century the annual meeting of the World Economic Forum has brought a mix of business leaders, politicians, pundits, academics, activists, “social entrepreneurs” and celebrities to this small village high in the Swiss Alps. For the year-round inhabitants, the conference is a mixed blessing. Security barriers and heavy traffic turn the narrow streets into a nightmare. With well-situated one-bedroom apartments renting for as much as $5,000 a night, however, many a Davos-dweller can escape the... To Read the Full Story Read more: The Wall Street Journal
opinion wrmead And they should. opinion wrmead capitalism TragedyofWill opinion wrmead They only need to spend loose change to buy relevance. Stocking up on relevance is no problem at all.
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