"I believe that State Capitalism in the short term provides certain advantages because you can mobilize in a concentrated way a lot of resources to reach a specific objective. I believe the future is not State Capitalism or Shareholder [private] Capitalism, the future is what I call Stakeholder Capitalism which is capitalism combined with social responsibility."
-- Klaus Schwab
Klaus Schwab wants the world to participate in solving our problems and he has a few rules to make sure it's done right. \xa0And that means the pesky individuals who believe in free association and free markets must set aside those values and get on board with Stakeholders. \xa0And since individuals do not understand the importance of the "stakes" Klaus will seek people capable of solving these very technical problems. \xa0We will call them Technocrats; George Soros, Bill Gates, John Kerry are a few worthy leaders who are technically proficient in solving all of these problems.
So you should feel a relief. \xa0Klaus has the plan and he calls it Stakeholder Capitalism. \xa0I used my pocket Thesaurus to find a synonym for his term and Productive Socialism came up! Wow! how silly of us. \xa0I read about that throughout history and it never ends well-- millions of people dying through the State, oops I mean Stakeholders...
Anyhooo, they have it figured out now and all it took was rebranding! \xa0Stakeholder Capitalism-- This time it's different. Coming to a city near you.