Davos Is Losing Its Shine

Davos is essentially a symbol of crony capitalism camouflaging as a pro-globalization voice. This year is already witnessing a profound global political instability. Britain’s confusion over the Brexit deal continues, and so do the weekend protests by the gilets jaunes, or the yellow vests, in France. Donald Trump’s administration is reeling from the longest government shutdown in America’s history, while the Chinese economy is slowing down.