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19 January 2023

The worry in Davos: Globalization is under siege

Ishaan Tharoor

DAVOS, Switzerland — A decade ago, political power brokers and corporate bigwigs gathered here in the Swiss Alps under an upbeat theme. It was a time for “resilient dynamism,” declared the organizers of the 2013 meeting of the World Economic Forum. After the travails of the global financial crisis, they explained, the world was now in a “post-crisis” stage. It was incumbent on the elites convened at Davos to usher in further reforms in the service of economic “sustainability” and “competitiveness,” perennial WEF watchwords that tap into the liberal dogma that long underlay its proceedings, where the desire to do good need not interfere with profit margins.

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