SVG
Commentary
Wall Street Journal

The Humiliation of Davos Man

He isn’t taking over the world. He’s pleading with the world to trust him.

walter_russell_mead
walter_russell_mead
Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship
Participants wait for a session at the World Economic Forum annual meeting in Davos, Switzerland, on January 16, 2024. (Photo by Fabrice Coffrini/AFP via Getty Images)
Caption
Participants wait for a session at the World Economic Forum annual meeting in Davos, Switzerland, on January 16, 2024. (Photo by Fabrice Coffrini/AFP via Getty Images)

It’s that time of year. Corporate chieftains, policymakers, NGO warriors, journalists and intellectuals are heading to the Swiss Alps for the 54th annual meeting of the World Economic Forum. If the delegates are serious about this year’s theme, “Rebuilding Trust,” some hard conversations lie ahead.

On both the far left and the far right, conspiracy theorists see the WEF and its allies as an all-powerful network successfully imposing a nefarious agenda on the rest of the world. This reading gets Davos exactly wrong.