Ones and Tooze Inside the Davos Bubble
Jan 21, 2022
The podcast dives into the exclusivity and elitism of the World Economic Forum in Davos, revealing its role in global economic discussions. It contrasts the rich who attend with regular aristocrats, shedding light on the political-business dynamics at play. The discussion also probes education, focusing on the importance of public investment and the impact of childhood education on inequality. Furthermore, it highlights how the pandemic has affected educational achievements, especially among disadvantaged youth, and examines the surprising spending disparity between youth sports and education funding.
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Source of Power
- The World Economic Forum's power comes from its members and the history of high-profile attendees.
- It has no independent power or authority.
Davos Experience
- Adam Tooze's wife encouraged him to attend Davos, saying "you don't want to die stupid."
- Tooze found the gathering fascinating from an anthropological perspective.
Exclusive Activities
- Davos facilitates discreet bilateral meetings, with a private floor for members.
- Exclusive activities occur in villas above Davos, with constant helicopter traffic.