Worldview- The Great Reset – Stakeholder Capital
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The Great Reset – Stakeholder Capitalism You Must Assimilate. Welcome to the BORG Collective1.
“Capitalism was the only system in history where wealth was not acquired by looting, but by production, not by force, but by trade, the only system that stood for man’s right to his own mind, to his work, to his life, to his happiness, to himself.”
When you see that in order to obtain permission from men who produce nothing- When you see that money is flowing to those who deal, not in goods, but in favors- When you see that men get richer by graft and pull than by work, and your laws don't protect you against them, but them against you- When you see corruption being rewarded and honesty becoming a self-sacrifice- You may know that your society is doomed.
Ayn Rand, Atlas Shrugged, 1957
The Center for Garden State Families would like to continue our discussion of The Great Reset. In this article, we focus on something called Stakeholder Capitalism. In 2021, Klaus Schwab of the World Economic Forum and his co-author Peter Vanham wrote the book called Stakeholder Capitalism. In the preface of the book, Mr. Schwab informs us that the book’s views are his own based on his personal life experiences. He also asks the reader to understand his worldview, which ultimately means the world, according to Klaus Schwab.
Before we begin, we must first define what Stakeholder Capitalism means. According to Investopedia – Stakeholder Capitalism is a system in which corporations are oriented to serve all their stakeholders’ interests. Among the key stakeholders are customers, suppliers, employees, shareholders, and societies at large, including local communities. In this perversion of Capitalism, the property owners, also known as the shareholders, are no more significant than society.
When we see the terms societies at large or local communities, it is a subversive way of saying the collective or, as in Stakeholder Capitalism – Corporate Socialism, which will lead to economic fascism and neo-feudalism. The economist Murray Rothbard stated the following: “Whenever someone begins to talk about ‘society’ or ‘society’s’ interest coming before ‘mere individuals and their interests,’ a good operative rule is: guard your pocketbook, and guard yourself! Because behind the façade of ‘society,’ there is always a group of power-hungry doctrinaires and exploiters, ready to take your money and to order your actions and your life. For somehow, they are society!” Also, the economist Milton Friedman said, “Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. This is a fundamentally subversive doctrine.
If businessmen do have a social responsibility other than making maximum profits for stockholders, how are they to know what it is? Can self-selected private individuals decide what the social interest is? Can they decide how great a burden they are justified in placing on themselves or their stockholders to serve that social interest?” Interestingly enough, Mr. Schwab is not a big fan of Milton Friedman
Milton Friedman, (born July 31, 1912, Brooklyn, New York, U.S.—died November 16, 2006, San Francisco, California), American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976.
In his book Stakeholder Capitalism, Klaus Schwab states the following: “The world currently knows two prevailing and competing economic systems: Shareholder Capitalism, which is dominant in the United States and in many other countries in the West, and State Capitalism, which is championed by China and is gaining popularity in many other emerging markets.” Further, Mr. Schwab states: “But each has equally brought about major social, economic, and environmental downsides. They led to rising inequalities of income, wealth, and opportunity, increased tensions between the haves and have nots, and above all, a mass degradation of the environment. Given the shortcomings of both of these systems, we believe we need a new, better global system: Stakeholder Capitalism.
In this system, the interests of all stakeholders in the economy and society are taken on board, companies optimize for more than just short-term profits, and governments are the guardians of equality of opportunity, a level-playing field in competition, and a fair contribution of and distribution to all stakeholders with regards to the sustainability and inclusivity of the system.”
In these sentences, we can see that Mr. Schwab is attempting to reconcile Capitalism and Communism/Socialism. There is a term for this, and it is called Interventionism. This is where governmental powers and organizations like the World Economic Forum think they have the right to intervene in the free market to suit their plans for society. It is important to note that those who advocate for Interventionism do it under the guise of lofty social goals, bringing about a utopian world that is good for all, only to see that utopia shattered into a million pieces by tyranny and totalitarianism.
In today’s modern world of economics, we are already dealing with government intervention through taxation and regulations as well as by special interest groups. It is this Interventionism that causes the very problems they then seek to rectify. This current mutation of Stakeholder Capitalism will create further economic distortion and potentially destabilize the global economy far beyond what centralized socialist planning could do.
In partnership with the World Economic Forum, the Technocratic Elites, governments, and international agencies could easily attempt to determine consumer needs and wants by limiting the production of goods and services as we already see with the war on fossil fuels in exchange for renewable energy. In essence, what we are witnessing is a global purging of both individual and private property rights through the use of a pandemic to create a Neo-Feudalist reset of the world. Ayn Rand said, “Individual rights are not subject to a public vote; a majority has no right to vote away the rights of a minority; the political function of rights is precisely to protect minorities from oppression by majorities (and the smallest minority on earth is the individual).”
Many may be wondering how such a feat of global economic intervention with all the hallmarks of Fascism, Marxism, and Feudalism rolled into one could be successful. The answer to this question is to utilize what is called being Woke. The definition of being Woke refers to a perceived awareness of issues that concern social justice and racial justice. Also, those who are Woke are part of what is being called the cancel culture. Cancel culture refers to the widespread practice of withdrawing support for (canceling) public figures and companies after they have done or said something considered objectionable or offensive. Cancel culture is generally discussed as being performed on social media in the form of group shaming. They are also tearing down the established history and mores of our American society. This cancel culture is forcing corporate America to bow down to their demands, which could be called Woke Capitalism, which is Klaus Schwab’s dream of Stakeholder Capitalism.
In many ways, being Woke is a perversion of Marxism. Marxism’s goal was to have the proletariat rise against the business class to strip away private property for means of redistribution of wealth. The dominant class, in this case, was the worker class. The target of Marxism was the middle-class business owners and entrepreneurs who create employment. With Wokism, the dominant class is based on gender, race, and sexual orientation. What is potentially happening is a situation whereby the Technocratic Elites through the World Economic Forum are funding this movement of Wokism. It is designed to fragment and fracture the working class, which prevents unity and, as in any Marxist revolution, turn them against large Corporations so they will embrace Stakeholder Capitalism. All now succumb to the Great Reset.
Once again, the goal is the full-on destruction of Capitalism. Milton Friedman said, “The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.” Capitalism and the free markets propel men and women to their highest potentials and, in the process, diminish inequality and elevate all to a higher standard of living. Ayn Rand said, “America’s abundance was created not by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America’s industrialization. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance- and thus the whole country was moving forward and profiting, not suffering, every step of the way.”
To make matters more alarming as to Stakeholder Capitalism’s direction, we would like to share a recent development. Justin Danhof wrote in The Federalist the following: “Nasdaq seeks to coerce company boards to adhere to new ‘diversity’ quotas based on race, sex, and sexual behavior” and “Nasdaq’s recent pronouncement that it plans to delist any company from its exchange that won’t appoint board members based on how they look, whether they have sex with the “right” people, or identify as a letter in the LGBT lexicon.
Nasdaq’s dictate is wholly unconstitutional, panders to minority groups and women, and would financially strain many American businesses. Still, it’s pushing forward anyway because it thinks no one will have the courage to stand up and stop it. Specifically, Nasdaq is seeking permission from the U.S. Securities and Exchange Commission (SEC) to delist any American company from its platform unless the company puts two “diverse” individuals on its board of directors. One position must be given to a female. And one position must be given to a racial minority or a member of the ever-broadening definition of LGBT.”
The implications of this are truly staggering. If a particular company refuses to go along with this agenda, the Woke Mob will be unleashed in a Social Media fury. This could cause irreparable damage to a company’s reputation as it attempts to explain its stance on the matter. This could lead to the Woke Mob’s accusations that the company directors are racists, sexists, or homophobes. Worse, it could start potential boycotts or NASDAQ delisting the company, which would create problems for the shareholder value. This creates a spiral that could put the company out of business when it does not have access to capital due to being delisted from the exchange leading to bankruptcy and devastating job losses. Welcome to Klaus Schwab’s vision of Stakeholder Capitalism.
The Great Reset has leveraged the Woke Mob to do its bidding. The agenda is clear. As Christian conservatives, we must work together to combat this insidious situation we find ourselves in. There are ways for us to respond. Instead of shopping online through companies like Amazon, support your local small businesses. Likewise, avoid big box stores and head for your local small business retailer. Consider starting a part-time home business.
Self-employed people do not have to be worried about being fired over their political opinions. We also suggest forming networks with other Christian conservatives and doing business with them. We must also refuse to comply with any of their demands, especially if another forced lockdown is imposed on us. We also may want to explore setting up barter networks with fellow Christians and conservatives. Christians especially should maintain fellowship with one another and encourage small group meetings. There is indeed power in numbers, and we cannot succumb to the propaganda that implies newer and deadlier mutations of the COVID 19 virus. The danger at hand which we must combat is The Great Reset! Onward Christian Soldiers!
Finally, be strong in the Lord and in the strength of His might. Put on the whole armor of God, that you may be able to stand against the schemes of the devil. For we do not wrestle against flesh and blood, but against the rulers, against the authorities, against the cosmic powers over this present darkness, against the spiritual forces of evil in the heavenly places. Ephesians 6:10-12 (English Standard Version) “Ask yourself why totalitarian dictatorships find it necessary to pour money and effort into propaganda for their own helpless, chained, gagged slaves, who have no means of protest or defense. The answer is that even the humblest peasant or the lowest savage would rise in blind rebellion, were he to realize that he is being immolated, not to some incomprehensible noble purpose, but to plain, naked human evil.” Ayn Rand
1 The Borg have a singular goal, namely the consumption of technology, rather than wealth or political expansion as most species seek. According to their spokesman, in the form of an assimilated Captain Jean-Luc Picard, the Borg only want to "raise the quality of life" of the species they "assimilate." saying; "Resistance is futile." From TV-Star Trek: The Next Generation.