WEF | We could try to go back to the world we had before the pandemic,
he said, but that risked "the amplification of many of the trends we see
today: polarisation, nationalism, racism and ultimately social unrest
and conflicts."
A great reset of how the economy and society run would do the opposite, he said.
It was also a time to support those who had been left behind.
Juliana Rotich, Venture Partner at Atlantica Ventures in Nairobi, said
we were at an inflection point.
"There’s an opportunity to centre the reset on those who are most
vulnerable, those on the edge where it only takes something like a
pandemic to slide into poverty."
Other speakers at the launch echoed Schwab's concerns about inequality and racism.
Microsoft President Brad Smith made a direct reference to the
racial conflict in his own country, and how the Great Reset could be
part of the solution.
"Data, and technology more broadly, are indispensable tools to solving almost any of the problems that we confront," he said.
"And so when it comes to protecting people’s fundamental rights,
as we are seeing in the United States today, we have been focused for
several years on using data to shine a light on disparities, for
example, between the practices of police on African-Americans and blacks
in the United States in comparison with other populations - that is a
slice of what we’ll need to address around the world."
In a passionate address, Kristalina Georgieva, the head of the
International Monetary Fund said the Great Reset would result in a
"greener, smarter, fairer world".
"We know this pandemic, if left to its own devices, will deepen inequality," she said.
"But if we were to concentrate in investing in people, in the
social fabric of our societies, in access to opportunities and education
for all, in expansion of social programmes - then we can have a world
that is a better world for all."
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