Since 1971, the World Economic Forum (WEF) has hosted an annual “conference in the Swiss Alps” to spread “stakeholder capitalism,” a fancy term for global socialism.

The first annual meeting included “450 participants from 31 countries – managers from various companies in Europe, as well as members of the European Commission, and leading academics from U.S. universities – gathered in the Alpine valley to discuss better management techniques.”

On January 19, the WEF Annual Meeting in Davos will host “close to 3,000 cross-sector leaders from over 130 countries” with the goal “to make sense of global challenges and to move the world forward together.”

Meanwhile, for those interested in a very different view on global socialism, the first-ever World Prosperity Forum (WPF) will be held in Zurich, Switzerland, from January 19 to 23.

Hosted by The Heartland Institute, the WPF will “bring together international leaders and policymakers to challenge the globalist, leftist agenda advanced each year at the World Economic Forum.”

Specifically, the WPF will “advance a prosperity-focused, freedom-focused vision rooted in free markets, individual liberty, and rising living standards” to contrast the WEF’s “centralized, top-down vision for the global economy.”

According to Heartland President James Taylor, the WEF’s agenda has produced........

© Townhall