Weekly Roundup: Davos, Igloos and the Future of Capitalism
January 27th, 2012 1:34 PMBy Esha ChhabraWEF Discusses Global Inequality in the Swiss Alps
This week the world’s political leaders, policy analysts, tech titans, successful businessmen, and members of the social sector convened for the annual World Economic Forum. Despite all the wealth in the room, one of the biggest discussion points was income inequality---not surprising given the economic frustrations globally.
The big question was: Does capitalism have a future and what will it look like in the coming years? How can it be more socially responsible and inclusive?
"As a result of this recession, that's lasted longer than anyone predicted and will probably go on for a number more years ... we're going to have a lot of economic disparities," Rubenstein said. "We've got to work through these problems. If we don't do in three or four years ... the game will be over for the type of capitalism that many of us have lived through and thought was the best type." - David Rubenstein, the co-founder and managing director of asset management firm Carlyle Group told the AP.
Outside the forum, where over 2,500 attendees gathered, protesters converged with a giant banner stating, “Hey WEF, Where are the other 6.9999 billion leaders?”
These were a fraction of the Occupy WEF movement, stationed in igloos at Davos and continuing the legacy of the OWS movement from last year.
Ed Miliband commented on this in a NYTimes OpEd, recognizing the flaws of UK politics and economics and offering alternatives. He wrote:
“There was a time, not long ago, when such a debate would have been held only among the protesters who annually shelter in igloos farther down the Alpine slopes. So it is encouraging that more than three years since the global financial crisis, a belated process of soul-searching has begun in search of the right lessons to learn from it.”
Ties Kroezen lives in the Netherlands, but the fruits of his labor are in Africa. His company,
The United States has a topsoil problem. About 75 percent of it is gone, primarily because the large, single-crop farms that dominate American agriculture rely on chemicals and synthetic fertilizers to produce their harvests, depleting natural soil systems in the process.
January is
Jennifer Chan founded Exhibit Change to encourage impact through design thinking and to promote community building. The organization serves as a think tank for people to share ideas and designs, and to create healthier communities and neighborhoods. Here she tells Dowser what she learned in getting Exhibit Change off the ground.

