Fortune Magazine wants elites to rule the world and you to “own nothing. And you’ll be happy.”
QUICK FACTS:
- Fortune Magazine published a piece today titled “Change the World: To reimagine capitalism, we need to reimagine power.”
- The piece states that Fortune is “thrilled to see so many companies of all sizes and from around the globe” who are answering “calls for the world to reimagine capitalism and for companies to embrace stakeholder capitalism.”
- The piece also promotes the far-left position that “the climate crisis, growing inequality and wealth disparity, inequitable access to health care, and long-rooted systemic racism and bias” are the “biggest challenges the world has faced.”
- To tackle these alleged problems, Fortune advocates for the end of “traditional capitalism” while encouraging readers to welcome the “emergence of” and “transitioning to” stakeholder capitalism.
- Stakeholder capitalism is part of the globalist “Great Reset” agenda to end American sovereignty and supremacy in order to usher in “a new world” order controlled by “stakeholders,” namely, corporations selected and controlled by the World Economic Forum.
WHAT IS ‘STAKEHOLDER CAPITALISM’?:
- Stakeholder capitalism is an idea coined by Klaus Schwab, Founder and Executive Chairman at The World Economic Forum (WEF).
- The WEF advances “The Great Reset” agenda, an initiative aimed at consolidating global power under the control of multinational corporations, or, “stakeholders.”
- After this Great Reset takes place, world populations “will own nothing. And you’ll be happy,” according to a video presentation created by the WEF. (See below.)
- According to Schwab, stakeholder capitalism is meant to replace current free-market capitalism with a new “form of capitalism in which companies do not only optimize short-term profits for shareholders, but seek long term value creation, by taking into account the needs of all their stakeholders, and society at large.”
- “The most important characteristic of the stakeholder model today,” writes Schwab, “is that the stakes of our system are now more clearly global.”
- A WEF report states that individual governments, such as the U.S. government, are no longer “the overwhelmingly dominant actors on the world stage” and that “the time has come for a new stakeholder paradigm of international governance.”
- The Transnational Institute—a non-profit think tank in Amsterdam—explains Schwab’s vision as “a self-selected group of ‘stakeholders’ make[ing] decisions on behalf of the people.”
- The Institute characterizes Schwab and the WEF’s goals as “a silent global coup d’etat” to capture world dominance.
WHO OWNS FORTUNE MAGAZINE?:
- Fortune Magazine is owned by Fortune Media Group Holdings, which in turn is owned by Thai business tycoon Chatchaval Jiaravanon.
- Purchasing Fortune for $150 million in 2018, Jiaravanon is a member of the billionaire family that controls Charoen Pokphand Group, one of the biggest Thai conglomerates, according to Bloomberg.
- Charoen Pokphand is owned in part (here) by BlackRock Inc., a single corporate entity with power over every major world industry: social media, communication, information, technology, manufacturing, weapons manufacturers, retail, wholesale, food, agriculture, energy, oil, transportation, automotive, banking, credit, finance, insurance, travel, grocery, computer, pharmaceutical, health, real estate, and mainstream media (from CNN to Fox News, Disney to Netflix).
WHO IS BLACKROCK?:
- As of July 2021, The Wall Street Journal reports BlackRock is approaching $10 trillion in assets. Excluding the U.S. and China, the value of BlackRock’s total assets is greater than the Gross Domestic Product (GDP) respectively of any country in the world.
- BlackRock owns major shares of Facebook, Twitter, Instagram, Google, YouTube, Alphabet; AT&T, Verizon, Comcast; Apple, Microsoft, IBM, Dell, Intel; Caterpillar, 3M; Volkswagen, Toyota, Ford, Honda; Boeing, Lockheed Martin, Northrop Grumman, Raytheon; Amazon, Walmart, Costco, Target; FedEx; Delta, American Airlines, United, Southwest; Ross, Nike, TJX; Pepsi, CocaCola, Nestle, Sysco, Tyson Foods; Del Monte, Seaboard Corp; McDonald’s, Starbucks; Exxon Mobile, Shell, BP, Total Energies, Chevron, General Electric, Tesla; Deutsche Bank, Goldman Sachs, Bank of America, JP Morgan Chase, Berkshire Hathaway; Visa, MasterCard, American Express, Discover, Citigroup, Capital One, Wells Fargo; Prudential, MetLife; Airbnb, Uber, Lyft; Pfizer, Moderna, AstraZeneca, Johnson & Johnson, Merck; CVS, Anthem, Blue Cross; Zillow; CNN, ABC, CBS, NBC, FOX, Disney, Netflix, Time Warner, The New York Times, Yahoo, Discovery, iHeartMedia, Vogue, Vanity Fair, GQ, News Corp, Viacom, and hunders more.
- Many of the major companies owned by BlackRock are listed as “Partners” on the WEF’s website.
- BlackRock’s website insists not only that globalism is a reality, but that globalism is “evolving” and that “Much of [the work of globalism] will fall on the shoulders of multinational corporations,” like those owned by BlackRock and partnered with the WEF. Its website says that “large corporations [need] to play a bigger role” in advancing globalism.
- BlackRock CEO Larry Fink—a board member and contributor at the WEF—endorses “activism from the far-left” and says, like the Fortune piece, that we must “focus” on advancing globalism by utilizing specifically stakeholder capitalism.
Jon Fleetwood is Managing Editor for American Faith and author of “An American Revival: Why American Christianity Is Failing & How to Fix It.“
