In the 1930s, the global economic collapse caused millions of people to lose their jobs, countless businesses perished, and by the end of the fourth decade of the 20th century, the world was burning in the largest war seen since 1918. Almost a century later, the world is facing a similar threat, caused by COVID 19 pandemic. Although the disease is not much deadlier than any other respiratory illness, the fact that it’s highly viral and there’s no efficient treatment nor a functional vaccine to stop the spread of the infection, the world leaders decided to take extreme measures which had severe economic, social, and political consequences. During the year 2020, millions of people around the world lost their jobs, entire industries are crumbling under the foot of social distancing and global lockdown initiatives. It appears that another Great Depression is knocking on our doors, and the leaders of the World Economic Forum (WEF) took it to themselves to fix the global disaster. What what if we could just reset everything and start anew? How would that affect mankind and more specificially employment?
What is the Great Reset?
According to the latest reports, global debt has reached an all-time high of more than $270 trillion. The COVID 19 pandemic is influencing every industry and governments are having trouble with implementing valuable changes because the long-term outcomes of anti-pandemic measures are difficult, if not impossible to predict. Therefore, to avoid the introduction of individual measures that could lead to a global catastrophe, the leaders of WEF crafted a new global contract that should introduce the set of measures and activities on a global scale. This set of measures, called “The Great Reset”, should improve international cooperation in pursuit of a new, sustainable social, economic and political matrix.
It is the firm belief of WEF Chairman, Mr. Klaus Schwab, that this new global contract will provide a way to set a new form of stakeholder capitalism on a global scale, which will help the nations all over the world to survive the crisis and diminish the social inequality caused by the virus.
A fair market
The first pillar of the Great Reset is the implementation of market reforms, which would be made depending on the situation within the country. This means changing tax laws, improving trade agreements, and introducing changes in laws that consider intellectual property, market competition, and trade.
These actions would establish the terms for a “stakeholder economy” where everyone, from large corporate brands to a startup essay writing service, has an equal share in the responsibility and the same chance to grow and employ new workers. This would be the first step towards a society in which each institution and individual is working for the common good.
Investing in common goals
The second aspect of this new “new deal” is to prevent large-scale investments pouring into old, dysfunctional systems, and use government recovery and stimulus programs, as well as private investments and pension funds to build more sustainable solutions that would create opportunities for all affected industries to recover. It’s a “teach a person how to catch a fish” type of solution, in which you don’t pour money into a cracked system but rather offer a chance to rebuild and grow into something better.
Also, the final goal of this system would be to help large industries grow by making a positive impact on the environment, social relations, country administration, and all other factors of the stakeholder economy. This way growth of a large corporate brand would not harm the future of small family businesses, but rather improve their position on the market and help them grow.
Harnessing innovation for the common good
The digital era has brought improvements in almost every aspect of our daily lives, software automation and AI implementation allow us to produce more efficiently, the studies are much easier with the help of dissertation writing services and smart classrooms, and the scientific progress was never moving forward at such a pace as it’s advancing nowadays. The Fourth Industrial Revolution is the third pillar of the Great Reset agenda, according to Mr. Schwab.
The plan is simple, creating the infrastructure necessary to have researchers within every industry working together all over the world. This would provide an equal chance for every country in the world to move forward and use collective knowledge to introduce new technologies, health practices, and educational methods so that even those countries who are now technologically inferior could one day stand alongside more advanced societies.
The Great Reset is a radical move that promises a world we all dream of. However, the implementation of these measures depends on each of us and our will to build a better world. Therefore, the success of this program depends on those who implement it, not on the promises made by its creators.
We want to thank Leon Collier for this contribution. Leon is a blogger and one of the best essay writing service providers from the UK, who loves to write about everything: pop-culture, history, travel, self-development, education, marketing. When not writing, you can find him behind a book or playing tabletop games with his friends. Follow him on Twitter.
photo source: https://www.thejournal.ie/push-the-button-2028081-Apr2015/
Author: Ali Neill
As the job board tester and blog editor for the Jobboard Finder, Ali works on job boards from all around the world and keeps a close eye on the recruitment trends thanks to a number of sources, including the website’s social media pages.
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