Excerpted from Capx's Daniel Hannan's Davos Is A Corporatist Racket, [5]
Davos Man... derives most of his income, directly or indirectly, from state patronage. If he is in the private sector – and he is more likely to be a lobbyist, politician or bureaucrat than a businessman – he’ll be an instinctive monopolist, keen to persuade ministers and officials to raise barriers against his potential rivals.
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Davos is a place where powerful people pick up consultancies and directorships and international posts. Left-wingers rightly resent this. What they see, in Marxist terms, is a gang of rentiers coming together to devise new means to live off the sweat of the workers.
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“The stability of the global economy” is a much prettier phrase than “a juicy public sector post for me”.
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It’s like an Ayn Rand novel, where lobbyists reach cosy arrangements with each other in elliptical language. Remember the way she described members of a company board? “Men whose careers depended on keeping their faces bland, their remarks inconclusive and their clothes immaculate”. That’s Davos.
Read the rest of Hannan's all-too-honest myth-busting expose here... [5]
