The World Economic Forum, famous for its annual meetings in the Swiss town of Davos, published a manifesto on Thursday declaring the current system of the international economy "unsustainable" after the coronavirus, because it leads to more "social polarization and unrest" .

This organization, considered the highest representation of world capitalism, shows growing concern for the maintenance of the current market economy system in the face of social unrest in different parts of the planet and warns that "abundant and decent jobs will be required" in a fourth industrial revolution that is accelerating with great technological changes.

"The health crisis reveals that the system is unsustainable when it comes to social cohesion, lack of equal opportunities and inclusion. Nor can we turn our backs on the evils of racism and discrimination. We need to incorporate this new social contract our intergenerational responsibility to make sure we meet the expectations of young people, "says the Davos Forum.

Consequently, its president and founder, Klaus Schwab, announced that the motto of the next meeting in the Alpine town of 2021 will have as its motto "the Great Restart ".

"The health crisis offers us an unusual and narrow opportunity to reflect, reimagine and restart the system," said the veteran founder of the Forum.

"The Great Reset is an acknowledgment that this human tragedy must be a wake-up call. We must build more equitable, inclusive and sustainable economies and societies that are more resilient to pandemics, climate change and the many other global changes to that we are facing, "said António Guterres, Secretary-General of the United Nations, who joined Schwab in the announcement. The Prince of Wales also participated.

"This global pandemic has also once again demonstrated how interconnected we are. We need to re-establish a smart global cooperation system that works and is structured to meet the challenges of the next 50 years. The Great Reboot will require that we integrate all the stakeholders of world society in a community of common interest, purpose and action, "said Schwab. " We need a change of mentality, going from a short-term thought to a long-term one," he stressed.

For the first time, in parallel to the regular debates in Davos, a twin summit will take place with interconnection in 400 cities around the world and special participation of the younger generations so that they can interact with the heads of state and government and presidents of multinationals.

"We only have one planet and we know that climate change could be the next world disaster with even more dramatic consequences for humanity . We have to decarbonise the economy in the short space of time we have left and put our thinking and behavior once again in harmony with nature, "said the founder of the World Economic Forum.

In Schwab's opinion "the coronavirus has accelerated our transition to the era of the Fourth Industrial Revolution. We have to ensure that the new technologies of the digital, biological and physical world remain human-centered and serve society as a whole, providing fair access to all. " For the managing director of the International Monetary Fund, Kristalina Georgieva. "The best tribute we can pay to those who have died in the pandemic is a greener, smarter and fairer world."


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