Nation First takes a look at the founder of the World Economic Forum.
Klaus Schwab is the brains behind the World Economic Forum (WEF), being both the organisation’s founder and chairman since its inception in 1971.
Schwab was born and raised in Ravensburg, Germany. And, yes, there is a Nazi connection.
His father Eugen was the director of industrial company Escher Wyss AG, which used forced labour supplied by the Third Reich in its role as a key supplier of and researcher for the Nazi war effort.
After graduating as a mechanical engineer in Zurich in 1961, Klaus Schwab followed in his father’s footsteps, taking a role on the board of directors at Escher Wyss AG.
Under his watch, the company furnished apartheid South Africa with supplies in its quest for nuclear weapons.
Schwab has earned a doctorate in economics from a Swiss university, and a Master of Public Administration from Harvard.
He was the professor of business policy at the University of Geneva from 1972 to 2003 and maintains an Honorary Professor title there today.
He has served on several company boards, including The Swatch Group and The Daily Mail Group.
For fifty years, Schwab’s appetite for influence over global politics has seen him court heads of state, leading business executives, and the world’s scientific and academic elite at WEF’s headquarters in Davos.
Schwab has authored several infamously shoddy books where he has disseminated his pet topics of ‘stakeholder capitalism’, the Great Reset and transhumanism.
Klaus Schwab’s vision is to use COVID-19 as a catalyst to transform the world’s economy to give governments and corporations (that share his worldview) unprecedented control over what we eat, how far we travel, the size of our families and dwellings, and what biotechnology will be injected into our bodies — all for ‘global security’ and the betterment of humanity, of course.
The future envisioned by Schwab is one in which elites who own waterfront mansions, yachts and private jets strip away the privacy and civil liberties of the rest of us through carbon footprint tracking modelled on Communist China’s social credit system.
Of greatest concern is that Schwab is happy to circumvent the democratic will of citizens to achieve his globalist dreams.
He argues that national governments are no longer “the overwhelmingly dominant actors on the world stage” and that, moving forward, the world is best governed by a self-selected coalition of multinational corporations, governments and civil society organisations.
International thinktank Transnational Institute has warned that gatherings like those in Davos are “a silent global coup d’état” to capture global governance.
The World Economic Forum pays no federal taxes despite taking in hundreds of millions of dollars annually.
Moreover, the WEF’s financial reports are opaque, showing no breakdown of income or expenditure.
Klaus Schwab has drawn criticism for mixing the finances of WEF with his own for-profit business ventures.
In 1998, for example, the WEF awarded a multimillion-dollar contract to USWeb, which was soon followed by Schwab taking a board seat at the company and reaping valuable stock options.
While claiming that high management salaries are “no longer socially acceptable”, Schwab himself enjoys an annual salary of around one million Swiss Francs (US$1.03 million).
To paraphrase a World Economic Forum ad that has gained global infamy, you will own nothing, and Klaus Schwab will be happy.
Originally published at Nation First.