Wednesday, August 18, 2021

Privatizing governance

"Conspiracy Theories Aside, There Is Something Fishy About the Great Reset" (Wecke).  The creation of international agencies for each class of business to monitor compliance with 'wokenness' (that's what 'stakeholder capitalism' means), but not regulate in any way which would impact profitability.  These entities would completely replace governmental corporate governance - such as it is - with 'governance' that is completely in line with the interests of the governed, and is run by the governed along with some of their university/stinktank friends.  In addition, the new governing entities would take over the determination of all policy decisions within that area of greed.  Credibility - such as it is - comes from association with the UN.

"Perhaps the most symbolic example of this shift is the controversial strategic partnership agreement the United Nations (UN) signed with the WEF in 2019. Harris Gleckman describes this as a move to turn the UN into a public-private partnership, creating a special place for corporations inside the UN.

The multi-stakeholder model is already being built. In recent years, an ever-expanding ecosystem of multi-stakeholder groups has spread across all sectors of the global governance system. There are now more than 45 global multi-stakeholder groups that set standards and establish guidelines and rules in a range of areas. According to Gleckman, these groups, which lack any democratic accountability, consist of private stakeholders (big corporations) who “recruit their friends in government, civil society and universities to join them in solving public problems”.

Multi-stakeholderism is the WEF’s update of multilateralism, which is the current system through which countries work together to achieve common goals. The multilateral system’s core institution is the UN. The multilateral system is often rightly accused of being ineffective, too bureaucratic and skewed towards the most powerful nations. But it is at least theoretically democratic because it brings together democratically elected leaders of countries to make decisions in the global arena. Instead of reforming the multilateral system to deepen democracy, the WEF’s vision of multi-stakeholder governance entails further removing democracy by sidelining governments and putting unelected ‘stakeholders’ – mainly corporations – in their place when it comes to global decision-making.

Put bluntly, multi-stakeholder partnerships are public-private partnerships on the global stage. And they have real-world implications for the way our food systems are organized, how big tech is governed and how our vaccines and medicines are distributed."

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