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Davos is dead, and the coronavirus killed it

Summary:
Felix Marquardt, a former global schmoozer and current author of The New Nomads, explains why attempting to solve the world’s problems up a Magic Mountain in Switzerland over the course of a few short days, is a quick fix that does more harm than good. A few weeks ago, the World Economic Forum (WEF) pulled the plug on its gathering in Singapore in August. The reasons invoked by the organisers for this third cancellation (plans for an alternative, exceptional meeting in Lucerne in May were also scrapped earlier this year) centred around health concerns and logistics.The truth is more complex and the malaise runs deeper. The pandemic has exposed the contradictions of the WEF as a project and its terminal lack of legitimacy and credibility in the post-Covid era.My inkling as

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Felix Marquardt, a former global schmoozer and current author of

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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