Hubris. Hypocrisy. Megalomania. Expensive Hookers. Come one, come all to the World Economic Forum at Davos, Switzerland and see a display of the dangers of the combination of great wealth and towering arrogance that is like anything seen anywhere else in the world. Klaus Schwab convened the 53rd annual gathering of the elites in the Alps with this year’s theme of “Cooperation in a Fragmented World”.

I don’t know whether to laugh at these fools or buy a parcel of land in the Smoky Mountains and build a fallout shelter. Even the description of how Klaus Schwab invented this mutual admiration society is scary. From the WEF website:

“In the early 1970s, the Cold War split the world while the Vietnam war split America, an oil crisis was looming, and a German economics professor had a bright idea.”

“The idea was unconventional at the time, but it has since taken hold. It was Professor Klaus Schwab’s “stakeholder theory”, meaning a company should serve all its stakeholders, not just its shareholders: employees, suppliers, and the community it is part of.”