The Great Reset and stakeholder capitalism
A push to reshape the world economy around "stakeholder capitalism" would hand more control to big corporations and global institutions working alongside governments — good for insiders, worrying for anyone who wants markets left alone.
- The World Economic Forum used the 2020 pandemic as its opening to pitch rebuilding the economy, calling it the Great Reset.
- The world has three basic models: companies serving their owners, governments owning everything, or a blend of the two.
- Stakeholder capitalism is that blend — companies answer to society and to agreed-upon goals, not just to shareholders.
- Who controls AI sits at the center of the fight, since whoever owns the technology shapes the economy.
- In practice, neither the free market nor voters decide; the largest corporations and global bodies set the targets together.
Outlook: Expect the tug-of-war between free markets, state control, and this corporate-government blend to keep playing out around AI and who gets to own it.