WEF Discusses Global Inequality in the Swiss Alps

By Esha Chhabra

WEF Discusses Global Inequality in the Swiss Alps

This week the world’s political leaders, policy analysts, tech titans, successful businessmen, and members of the social sector convened for the annual World Economic Forum.  Despite all the wealth in the room, one of the biggest discussion points was income inequality---not surprising given the economic frustrations globally. #

The big question was: Does capitalism have a future and what will it look like in the coming years?  How can it be more socially responsible and inclusive?

"As a result of this recession, that's lasted longer than anyone predicted and will probably go on for a number more years ... we're going to have a lot of economic disparities," Rubenstein said. "We've got to work through these problems. If we don't do in three or four years ... the game will be over for the type of capitalism that many of us have lived through and thought was the best type." - David Rubenstein, the co-founder and managing director of asset management firm Carlyle Group told the AP.

Outside the forum, where over 2,500 attendees gathered, protesters converged with a giant banner stating, “Hey WEF, Where are the other 6.9999 billion leaders?”

These were a fraction of the Occupy WEF movement, stationed in igloos at Davos and continuing the legacy of the OWS movement from last year. #

To read the full article, please follow the link to Dowser, where this item was originally published.