DAVOS MAN ?
Davos: Prime Minister Narendra Modi, Swiss President Alain Berset and World Economic Forum (WEF) Founder and Executive Chairman Klaus Schwab at World Economic Forum in Davos, Switzerland on Jan 23, 2018. (Photo: IANS/MEA)[/caption] No similar problem for our PM, Modi. While wearing million rupee aichkins, he can also boast of more inequality than any other country. There are reputedly more billionaires in India than in China and more poor than any other country or perhaps equal to the whole of the rest of the world. What could be a more perfect claim to membership at Davos. However, McDonnell’s speech may trigger something. The Brits are good at universalising their issues. Inequality and poverty are big in British politics. If Momentum, the openly secret organisation behind Corbyn, takes it on board, DAVOS would become toxic. It could become a place to avoid rather than gather for champagne and dance around a wish list. McDonnell may have touched a nerve. In his few words he has laid bare the hypocrisy that international institutions and gatherings adorn themselves with. It might meet the same fate as the ‘gentlemen’s circus’ of corporate board leaders who talk big on gender equality at work but gather at the Presidents Club to grope women. [caption id="attachment_24603" align="alignleft" width="336"] Labour Party’s Shadow Chancellor John McDonnell (Xinhua/Han Yan/IANS)[/caption] Inequality cannot be ended by a bunch of people who drooled at Trump because he let them create an even bigger gap in inequality than before. It has to be a mass movement that arises from democracies around the world and who push the State to have better governance and distribution of its resources. The British Labour party has made it its central plank. If it wins next time, DAVOS may never be the same. So while the perfect DAVOS man 2018 was the unpredictable President Donald Trump who gave them an almost perfect speech, he may unwittingly have sunk the institution that he hated so much last year but seemed to love this year. And it may be McDonnell, the shadow chancellor in UK, who may end up having a lasting effect on the future of DAVOS. Sometimes it takes only one person to tell the Emperor that he no clothes. //