

The very idea provoked speakers and audience to peals of laughter. Yet last month it was here in Switzerland, amid the sharp shooters and roadblocks, that a very revealing skirmish broke out.Īt a panel devoted to “making digital globalization inclusive” (for Davos is mainly a hollow-eyed human re-enactment of the drabbest Economist editorials), computer tycoon Michael Dell was asked what he thought about a 70% tax on earnings of more than $10m a year.

It is where chief executives fly to in private jets to discuss the dire consequences of climate change, where hot-money speculators deliver homilies on responsible investing, and the world’s media receive every falling cliche with unctuous warmth.
