3. They’re Really Bad at Predicting the Future
Because the WEF is hostile to spontaneous order, the organization is very bad at predicting the future. The WEF did not see the rise of populism and nationalism with which they now contend. The creatures of Davos live in a bubble, a feedback loop in which they share the same philosophies and accept the same assumptions without question. A year ago they were quite confident in the integrity of the European Union and that Hillary Clinton would be the next president of the United States. Both Brexit and Trump’s election took them by surprise.
