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People using "The Great Reset" as a pejorative tend to have their views deeply rooted in right-leaning garbage conspiracy theories. Surely there's a better sour
by TheCowboy 5y ago
People using "The Great Reset" as a pejorative tend to have their views deeply rooted in right-leaning garbage conspiracy theories. Surely there's a better source for what Black Rock is doing than this person's Twitter thread.
> Only the worlds largest asset manager and the leading proponent of The Great Reset.
https://twitter.com/APhilosophae/status/1402437638423035906 https://twitter.com/APhilosophae/status/1402437638423035906
- paulpauper 5y agoI think an objective case can be made that Covid has irrevocably changed the economy in way that has created new winners and losers, without it being part of a grand conspiracy.
- anthony_romeo 5y agoI agree with that. Of course, this does not necessarily imply that a large people will not choose to believe in a grand conspiracy regardless of whether or not such a conspiracy actually exists.
- secondcoming 5y agoWhile I don't know what the tweeter understands by 'The Great Reset', it actually is a thing [0]. What's your understanding of it? [0] https://www.weforum.org/great-reset/ https://www.weforum.org/great-reset/
- samizdis 5y agoThere was this in the FT [1] just over two weeks ago, "BlackRock bets on UK retirement housing", but it's about investing in building for defined sectors (retirement, student accommodation etc) and also shared ownership: Separately, BlackRock Real Assets is funding the £362m purchase of 3,000 shared-ownership homes by landlord Heylo Housing. The article was archived shortly after publication [2]. I've not seen anything about buying up existing private homes at a big mark-up, though. [1] https://www.ft.com/content/0d965c11-936e-4467-b98f-f4d34fae2e64 https://www.ft.com/content/0d965c11-936e-4467-b98f-f4d34fae2... [2] https://archive.is/AgiIg https://archive.is/AgiIg
- xdennis 5y agoWhat conspiracy? “You’ll own nothing and you’ll be happy.” is something they said.
- anthony_romeo 5y agoWho is "they"? Some article in a newspaper? A handful of researchers and futurists? Edit: Got it. It's from a list of unsurprising predictions from [at least] the marketing department of the World Economic Forum. Thanks.
- StandardFuture 5y agoI believe it was a video that the World Economic Forum put out on their YouTube in 2020. I am not sure if they took it down or not since then. Related: https://www.forbes.com/sites/worldeconomicforum/2016/11/10/shopping-i-cant-really-remember-what-that-is-or-how-differently-well-live-in-2030/ https://www.forbes.com/sites/worldeconomicforum/2016/11/10/s...
- hcurtiss 5y agoGenerally speaking, I think it's a reference to this video with predictions of the future. Whether or not it was advocacy for that outcome is the subject of debate, but it does appear to be an actual WEF video. https://www.facebook.com/worldeconomicforum/videos/10153920524981479/ https://www.facebook.com/worldeconomicforum/videos/101539205...
- briefcomment 5y agoWEF's official video [1]. They took down the article they had on this topic, probably due to backlash [2]. [1]https://www.youtube.com/watch?v=lBBxWtKKQiA https://www.youtube.com/watch?v=lBBxWtKKQiA [2]https://www.weforum.org/agenda/2016/11/shopping-i-can-t-really-remember-what-that-is/ https://www.weforum.org/agenda/2016/11/shopping-i-can-t-real...
- refulgentis 5y agoNo offense, and I'll take the downvotes for being blunt, but this is political nonsense that doesn't belong on HN: people aren't going to to buy into a particular group's Proper Noun'd Concept off _obvious_ hyperbole (who actually thinks property, as a concept, is going away) that was apparently erased once it was used to hyperbole and wish a Proper Noun political concept into being.
- throwitaway1235 5y agoPeople and organizations with wealth are dumping their money into the stock market or real estate because the dollar is being intentionally devalued. Your complaint is the label? Great Reset sounds apt.
- mkr-hn 5y agoThere are many things that would make great labels if not for the history or people associated with them. I would love to make a "Fox News" that shares news about foxes...
- AndrewUnmuted 5y agoUh, have you listened to their podcast? [0] The discussion of the great reset is not rooted in conspiracy theories, but rather direct quotations uttered by extremely problematic individuals who have a broad history of sketchiness, corruption, and warmongering. I take strong issue with your careful labeling of those with whom you disagree as all leaning in one direction politically. [0] https://pod.link/1517364006 https://pod.link/1517364006
- TheCowboy 5y agoThe Great Reset is predominantly used by conspiracy Twitter and it isn't close. It is blown out of proportion relative to its original context, and amounts to sloppy punditry trying overfit an interpretation of the world. One of its least helpful usages is as a weapon against debate/policies that attempt to address collective action problems such as climate change. It kind of reminds me of what was done with "New World Order", which people seem to be moving on from since the conspiracy pundit predictions haven't been realized (e.g. no world authoritarian government yet).
- AndrewUnmuted 5y agoYou keep changing your terms. First it was right-wingers, now it's conspiracy Twitter. What is "conspiracy Twitter," and what does it have to do with the right wing of US political discourse? Why are we conflating these terms so willingly? I made direct reference to "The Great Reset," itself, from the very purveyors of it - the WEF. There's no need, nor any value, in trying to conflate my response to you with this strawman group you're forming. > (e.g. no world authoritarian government yet) Your interpretation of the world is highly specious. Have you been in a coma for these past 1.5 years? > One of its least helpful usages Very interesting choice of words, least helpful. Seems to me like you have a strong ideological alignment with the goals of the World Economic Forum. See, it's so easy to flip your entire script and end up presenting the exact case being made by the conspiracy theory people. The New World Order fanatics could see the WEF as their fictitious enemies moving on to a new strategy, specifically because there is now an authoritarian government established. And it could be seen as a sloppy form of punditry, overfit atop a very specific and narrowly-targeted interpretation of the world, making the conspiracy people all the more mad that more people don't see things their way. Because there could be "real collective action," if more people did see it their way. Under those considerations, I would be naive to be any less skeptical of your position, than I am of the conspiracy theory strawmen you're establishing here. The actual "The Great Reset," pursued by the WEF is concerning specifically because it seeks to align economic interests globally, forcing them into a densely-regulated system through negative incentives. It forgoes and utterly mocks the notion that knowledge ought to be distributed, decentralized, and localized. There are not just huge economic concerns here, but ethical ones as well. Wars will be fought over the disagreements spawned from the aims of these zealots.