mises | Under the Great Reset governance model, states and favored corporations form “public-private partnerships” in control of governance. The configuration yields a corporate-state hybrid largely unaccountable to the constituents of national governments.
The cozy relationship between multinational corporations and governments has even aroused the scorn of a few left-leaning critics. They note that the governance model of the WEF represents at least the partial privatization of the UN’s Agenda 2030, with the WEF bringing corporate partners, money, and supposed expertise on the 4-IR to the table. And the WEF’s governance model extends well beyond the UN, affecting the constitution and behavior of governments worldwide. This usurpation has led political scientist Ivan Wecke to call the WEF’s governmental redesign of the world system “a corporate takeover of global governance.”8
This is true, but the obverse is also the case. The WEF model also represents the governmentalization of private industry. Under Schwab’s “stakeholder capitalism” and the multistakeholder governance model, governance is not only increasingly privatized, but also and more importantly, corporations are deputized as major additions to governments and intergovernmental bodies. The state is thereby extended, enhanced, and augmented by the addition of enormous corporate assets. These include funding directed at “sustainable development” to the exclusion of the noncompliant, as well as the use of Big Data, artificial intelligence, and 5G to monitor and control citizens. In the case of the covid vaccine regime, the state grants Big Pharma monopoly protection and indemnity from liability in exchange for a vehicle by which to expand its powers of coercion. As such, corporate stakeholders become what I have called “governmentalities”—otherwise “private” organizations wielded as state apparatuses, with no obligation to answer to pesky constituents.9 Since these corporations are multinational, the state essentially becomes global, whether or not a “one-world government” is ever formalized.
In Google Archipelago, I argued that leftist authoritarianism is the political ideology and modus operandi of what I call Big Digital, and that Big Digital is the leading edge of an emerging world system. Big Digital is the communications, ideological, and technological arm of an emerging corporate socialism. The Great Reset is the name that has since been given to the project of establishing this world system.
Just as Klaus Schwab and the WEF hoped, the covid crisis has accelerated the development of the Great Reset’s corporate-socialist statism. Developments advancing the Great Reset agenda include the Federal Reserve’s unrestrained printing of money, the subsequent inflation, the increasing taxation on everything imaginable, the increased dependence on the state, the supply chain crisis, the restrictions and job losses due to vaccine mandates, and the prospect of personal carbon allowances.10 Altogether, these and other such policies constitute a coordinated attack on the majority. Ironically, they also represent the “fairness” aspect of the Great Reset—if we properly understand fairness to mean leveling the economic status of the "average American" with those in less “privileged” regions. And this is one of the functions of woke ideology11—to make the majority in developed countries feel unworthy of their “privileged” lifestyles and consumption patterns, which the elite are in the process of resetting to a reduced and static new normal.
