Klaus Schwab

Creator

Klaus Schwab

Klaus Schwab is the founder and executive chairperson of the World Economic Forum

There are many reasons to pursue a Great Reset, but the most urgent is Covid-19. The pandemic has already led to hundreds of thousands of deaths; it represents one of the worst public-health crises in recent history. And, with casualties still mounting in many parts of the world, it is far from over.

It’s time for a Great Reset of capitalism

The Covid-19 pandemic provides a chance to reflect on, reimagine and reset the global economic system

Klaus Schwab

Assemble citizens to resolve issues

They represent a range of views and are tasked with reaching an agreement on divisive issues

Klaus Schwab

Opportunity knocks: The Fearless Girl statue opposite the New York Stock Exchange. Business leaders have the chance to give stakeholder capitalism new meaning and uphold their duty to society. (Johannes Eisele/AFP)

Economic system we select defines our future

The best option is stakeholder capitalism, which links societal benefits to financial returns

Klaus Schwab