TEHRAN (Iran News) – The World Economic Forum (WEF) was launched by Klaus Schwab for the first time on January 24, 1971, in Davos, a mountain resort in Switzerland, as a venue for the gathering of economic leaders and famous investors of the East and West of the world and as a rival for UK’s Chatham House for developing freemasonry structures.

Schwab who was a business professor at the University of Geneva at that time chose Davos for gathering of economists, politicians, capitalists, theoreticians, and artists. His major goal for launching the World Economic Forum was that these people could gather together in one place to exchange views on the major latest issues and defining economic strategy for the West.

Perhaps Davos can be considered as the second biggest masonry city in the world after Monaco. In this resort town, there are lawyers that each run thousands of paper international companies. Banks of this town enjoy the strong legal nature of Swiss banks and their money circulation comparing to other cities in the world is hundreds of thousands of times more.

The founder of WEF Mr. Schwab first launched the European Management Forum in Geneva, Switzerland, which was a nonprofit organization and through this platform he used to call on trade and industry leaders of Europe to gather together in Januarys in Davos. After the annual Davos meeting, holding regional meetings in different countries of the world was put on the agenda of the WEF. Events in 1973, including the collapse of the Bretton Woods fixed-exchange-rate mechanism and the Yom Kippur War, saw the annual meeting expand its focus from management to economic and social issues, and, for the first time, political leaders – either they were members of freemasonry or they and their countries were supported by freemasonry to progress – were invited to the annual meeting in January 1974. From 1978 on, the WEF took the initiative for publishing a report on world economic competition.

In 1987, European Management Forum changed its name to the World Economic Forum and sought to broaden its vision to include providing a platform for resolving international conflicts.

This year and on the eve of the forum and due to the concerns about the strategy of the forum about integrating economic axes in Europe and boosting the value of the euro and devaluation of the dollar, Americans with a smart initiative named the forum “the Great Reset” and have accused the forum of  planning “Conspiracy Theory.” So to clear the doubts, the Center for Research on Globalization in a report wrote, “The issue of the Great Reset which has gone viral in the cyber world and it has become a hot topic in the social networks and news websites, and even American newspaper “New York Times” by publishing an article calling it the conspiracy theory and rejected it, is a misunderstanding because this is definitely not a conspiracy theory.”

Dear readers should know that the raised contents and claims in this report have been merely published for analysis of approaches and views of the Western think tanks, and probable claims and inductions of these reports and articles are never confirmed by eastern or European economists. Therefore, the Great Reset is a unique window of opportunity for the world leaders so that they could shape the future state of global relations, the direction of national economies, priorities of the societies, nature of business models, and the management of a global commons. In a condition that it has provided a unique opportunity for shaping the trend of improvement, this initiative covers all views and points in line with helping all those who determine the future of global relations, the direction of national economies, priorities of the societies, nature of business nature and management of global commons.

The Great Reset initiative due to the vision and vast expertise of the leaders engaged across the Forum’s communities has a set of dimensions to build a new social contract that honors the dignity of every human being.

Schwab believes the Great Reset is comprised of three components: “The first component is reform of own economic systems in a way to steer the market towards fairer outcomes. To this end, governments should implement reforms on steering the market towards fairer outcomes which should have been implemented earlier. Depending on the country, these may include changes to wealth taxes, the withdrawal of fossil-fuel subsidies, and new rules governing intellectual property, trade, and competition.”

“The second factor is the task of the Great Reset which guarantees that investments cause advancement of the shared goals like equality and sustainability. In this case, it would ensure that investments advance shared goals, such as equality and sustainability. Here, the large-scale spending programs that many governments are implementing represent a major opportunity for progress. The European Commission, for one, has unveiled plans for a €750 billion ($826 billion) recovery fund. The US, China, and Japan also have ambitious economic-stimulus plans.”

“The third factor of the Great Reset is to harness the innovations of the Fourth Industrial Revolution to support the public good especially addressing the current health and social challenges. During the COVID-19 crisis, companies, universities, and others have joined forces to develop diagnostics, therapeutics, and possible vaccines; establish testing centers; create mechanisms for tracing infections, and deliver telemedicine.”

The new approach of the leadership of the world economy, with the collapse of this mentality “the U.S. cannot any longer”, has been shaped and this process will definitely lead to the division in the two Western blocs.