“If we don’t proactively overhaul finance, corporate governance and policy systems, we may face a ‘climate lockdown.'”
- Leading British science and technology journal Nature published a piece on December 9th by World Economic Forum (WEF) contributor Mariana Mazzucato claiming that “climate breakdown” is the result of the failures of the “capitalist system” and that there is therefore need to “radically transform capitalism.”
- The science journal, which in its mission statement touts how the peer-reviewed publisher aims to “provide a forum for the reporting and discussion of news and issues concerning science,” says in this new piece that there is no room for scientific discussion about the matter. The world economy must be transformed. “What is needed now is to move beyond the static debate about growth or no growth and instead focus on fundamentally redirecting development towards achieving the goal of a more inclusive and sustainable planet,” writes author Mariana Mazzucato.
- Mazzucato argues that in order to “radically reform and rearm the state” and bring about a new “global governance,” we must embrace the “Green New Deal,” which she defines as “an industrial strategy for tackling climate breakdown while also generating new green jobs and ameliorating inequality.” Conservatives have argued the Green New Deal is liberty-killing and would, ironically, “destroy the environment” (here).
- Installing a new global governance is a primary task of the World Economic Forum (here, here).
- As justification for advancing the WEF’s agenda, Mazzucato warns in the piece that “cataclysmic climate change is now ‘inevitable’ and ‘irreversible’ at present trajectories,” even though some 13 years ago fellow climate change enthusiast Al Gore had predicted the “entire North Polar ice cap will be gone in five years.”
KEY QUOTE FROM THE ‘NATURE’ PIECE:
“Governments are the only actors capable of underwriting the scale of investments required; of coordinating multiple actors around the common goal of decarbonization; and of ensuring the costs and benefits of a green transition are distributed equitably across society so that social injustices are tackled alongside environmental crises,” writes Mazzucato. “As I have argued before, this shift can be aided by a ‘mission’ oriented approach that sets key goals such as making cities carbon neutral and freeing the oceans of all plastic. Mission making begins not by asking the question ‘where is the market failure that needs fixing?’ but rather the question ‘what is the problem we want to solve?’ and then attempts to marshal economic resources across multiple sectors and coordinate diverse stakeholders around tackling this shared challenge. Mission thinking is arguably the only way we can make progress towards achieving the UN Sustainable Development Goals.”
MARIANA MAZZUCATO’S CONNECTION WITH THE WORLD ECONOMIC FORUM:
- Mariana Mazzucato, an economics professor at University College London, is listed as a contributor on the World Economic Forum’s website, writing multiple pieces on behalf of the globalist (here, here) think tank.

- The WEF is engineering the worldwide rollout of Klause Schwab‘s “Great Reset” agenda, at the end of which we will all “own nothing” and “be happy,” and after which the United States “won’t be the world’s leading superpower,” according to WEF publications.
- All of the themes Mazzucato uses in her Nature piece—coopting sovereign governments, decarbonization, green transitions, equity, social justice, environmental crises, carbon neutrality, cross-sector stakeholders, sustainability—are themes of the WEF’s Great Reset agenda. “There is an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the COVID-19 crisis,” reads the WEF’s Great Reset webpage. “To improve the state of the world, the World Economic Forum is starting The Great Reset initiative.”
- “In short,” writes WEF CEO Klause Schwab, “we need a ‘Great Reset’ of capitalism.” This reset will “instigate stakeholder capitalism” (here) and will transform “every country” and “every industry,” explains Schwab. Left unacknowledged, the “climate and social crises” will “deepen and leave the world even less sustainable, less equal, and more fragile,” he writes. “We must build entirely new foundations for our economic and social systems.”
- Schwab, like Mazzucato, demands governments adopt a “stakeholder economy” and force “equitable outcomes.” The WEF chairman also calls for “equality and sustainability” as well as a “Fourth Industrial Revolution,” which he says will “support the public good, especially by addressing health and social challenges.”


Jon Fleetwood is Managing Editor for American Faith and author of “An American Revival: Why American Christianity Is Failing & How to Fix It.“
