The World Economic Forum (WEF) has replaced “The Great Reset” with “The Great Narrative”.
The “Great Narrative” is about promoting multipolarity instead of unipolarity by ending US hegemony, which leaves room for new players like China, India, developing African nations, and the EU.
“The Great Narrative” book is broken into four solutions: 1) economic, 2) environmental, 3) social, and 4) technological.
To force all corporations to adopt Environmental Social Governance standards (ESG) through top-down authority.
“The Great Narrative” focuses on society problems; including a historically low trust in public institutions and a disconnect between the value of a job and the pay.
“The Great Narrative” lauds technological innovation like AI, automation, the Internet of Things, biocomputing, and blockchain but also says these things might destroy privacy and civil liberties.
Many economic solutions in “The Great Narrative” sound like communism such as government owning everything and people owning nothing.
The environmental solutions of the book ask people to move from an economy of consumption to an economy of sharing and to adopt Environmental Social Governance standards (ESG).
Most global powers have seen a V-shaped recovery in a post-COVID scenario, but there is no recovery in emerging markets like Mexico and Brazil.
The multipolar world that “The Great Narrative” proposes will harm the current US hegemony.