Dr. Schwab and Company have made a handsome business out of enabling old-fashioned clubby capitalism by wrapping it in feel-good globoblather: "unprecedented multistakeholder, multimedia dialogue...look at all issues on the global agenda in a systemic, integrated and strategic way...intensify collaboration and develop innovative solutions...generate an unprecedented process of discussion and deliberation." As George Orwell tellingly observed, "When there is a gap between one's real and one's declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink." The next time you hear "multistakeholder," remember that, in Davos at least, corporations hold the biggest stake.
Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.