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Why the Great Reset also means fighting racism
Jun 4, 2020
Great Reset launched on 3 June by Klaus Schwab and Prince Charles. IMF chief says it will mean "greener, smarter, fairer world". Schwab cites Mandela on link between racism and fair economy and society.
The Great Reset - rebuilding the global economy in a fairer, greener way as we come out of the coronavirus pandemic - will also require societies to battle and beat racism.
In his closing words at Wednesday's launch of the project, World Economic Forum Founder and Executive Chairman Klaus Schwab chose to cite Nelson Mandela, a man imprisoned for years for fighting institutional racism in apartheid South Africa and who became the country's president.
"I stood, 21 years ago, together with Nelson Mandela in Davos on the stage when he said: ‘We should lay the scourge of racism, of divisiveness to rest. This requires strong, democratic institutions and (the) will of everybody and the culture of compassion. None of this is possible without a strong economy and a cohesive society."
While much of the Great Reset will be about environmental sustainability and the better use of technology, it is also about seeking greater fairness and less inequality.
"The COVID-19 crisis has shown us that our old systems are not fit any more for the 21st century," Schwab said in his opening statement. "It has laid bare the fundamental lack of social cohesion, fairness, inclusion and equality."
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