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Vrbo

New 'oligarchy' under fire as elites descend on Davos

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.
The article from MSN discusses the World Economic Forum (WEF) annual meeting in Davos, where global elites gather to discuss economic and political issues. Critics argue that this gathering represents a new form of oligarchy, where the world's wealthiest and most influential figures make decisions that significantly impact global policy, often behind closed doors. The event, which includes leaders from business, politics, academia, and other sectors, is criticized for its lack of transparency and the potential for these elites to shape global agendas in ways that might not benefit the broader population. The piece highlights concerns over the influence of these meetings on democracy, suggesting that such gatherings could lead to policies that favor the rich and powerful while neglecting the needs of the less privileged. Additionally, there's mention of public and political backlash against the perceived elitism and the disconnect between the Davos attendees and the general populace.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/politics/government/new-oligarchy-under-fire-as-elites-descend-on-davos/ar-AA1xtRmk ]