The Great Reset. Restratification for Lives, Livelihoods, and the Planet

Technological Forecasting and Social Change, DOI: 10.1016/j.techfore.2021.12063

16 Pages Posted: 30 Nov 2020 Last revised: 2 Feb 2021

See all articles by Steffen Roth

Steffen Roth

La Rochelle Business School; University of Turku

Date Written: November 16, 2020

Abstract

In reviewing the Great Reset, an initiative launched by the World Economic Forum (WEF) in response to the global coronavirus crisis, this perspective article considers the scenario of an epochal transition from capitalism to “restorism”. To facilitate the observation of underlying trends and assumptions, a systems-theoretical framework is developed for the observation of both this Great Reset scenario and those scenarios that are by implication excluded by the WEF vision. It is thus shown that the “shared goals” advocated by the WEF would converge to a transition from a modern pluralist to a “new-normative” order stratified to the primacy of individual, institutional, and planetary health. In discussing sociological implications of this transition, a vision emerges of a new digitally enhanced medieval period where health plays the role once played by religion. In this restorist scenario of a neo-medieval world health society, the emergence of new social strata corresponding to different levels of purity, infection, or pollution would be a probable consequence. The paper concludes that idea of deliberately caused great resets and other control illusions nurtured by the WEF initiative are barely smarter than and spur what the UN Secretary-General refers to as “wild conspiracy theories”.

Keywords: Great Reset initiative, World Economic Forum, fourth industrial revolution, restorism, scenario, social theory

JEL Classification: A14, Z13

Suggested Citation

Roth, Steffen, The Great Reset. Restratification for Lives, Livelihoods, and the Planet (November 16, 2020). Technological Forecasting and Social Change, DOI: 10.1016/j.techfore.2021.12063, Available at SSRN: https://ssrn.com/abstract=3737429 or http://dx.doi.org/10.2139/ssrn.3737429

Steffen Roth (Contact Author)

La Rochelle Business School ( email )

102 rue de Coureilles
Les Minimes
La Rochelle, 17024
France

University of Turku ( email )

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Turku, 20014
Finland

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