Tuesday, January 25, 2011

One Surefire Way to Lose Any Credibility You Might Have (Along with Your Soul)

Attend the 2011 World Economic Forum at Davos.

In what may best be described as an orgy of name-dropping, Arianna Huffington provides the first entry in her "Davos Diary."

The recent release of the World Economic Forum's cheerleading for continued exponential debt growth tells us all we need to know about the World Economic Forum: it is a public relations arm of the international banking cartel and its neoliberal/neofeudal ideology.  Steve Keen has a couple of posts up about the WEF's roadmap for world debt servitude here and here, as does the Automatic Earth here

Anybody who attends the Davos event lends the WEF credibility at the expense of his or her own, particularly if he or she claims to be seeking meaningful reform or change.  The WEF has put a stake in the ground: it is demanding more of what has wrecked the world economy and millions of lives, all the while implying that things will get worse unless it gets its way.  All of the wonderful sounding discussions that enticed "progressives" like Arianna Huffington to attend Davos this year are just the nominal cost the WEF is paying for its sales pitch to co-opt ostensibly reform-minded people to buy the WEF's vision. 

It will be interesting to see who attends Davos and what they have to say about the experience.

Update:  Here's another article from HuffPo, this one from a guy named Ken Adelman, who unwittingly displays a healthy dose of narcissism by referring to himself as one of "the world's movers and shakers."

Here is a partial list of attendees.  Yes, Jamie Dimon is on the list.