Isn T: Schwab and Brexit Vote

isn t: Not for the economic inequality in many societies, not for the growing fear of globalization, not for the populist successes in the Brexit vote in the UK and the presidential election in the United States, according to Deutsche Welle. At least that's the statement Schwab used at the opening press conference of the 47th World Economic Forum in Davos. And the World Economic Forum, which he founded in 1971, isn't to blame either. He read out a text that he himself had written more than 20 years ago. WEF founder Klaus Schwab 'We cannot have just populist solutions' That still applies today, Schwab said Every simplified approach to deal with the global complex agenda is condemned to fail. In it, he had warned against increasing populism and demanded that globalization must benefit the majority of the population and not just a small elite. (news.financializer.com). As reported in the news.