Peter Goodman ties the rise of the billionaire class to a decline in the liberal democratic order in his book “Davos Man: How the Billionaires Devoured the World “ and explained how the World Economic Forum functions like “billionaire therapy: a place where the very rich go to reassure themselves that they are the solution to social ills rather than the problem.”

“In january 2021 Marc Benioff, the billionaire founder of Salesforce, a software firm, delivered his verdict on the pandemic’s first year. “We have to say it,” he declared to those observing the virtual proceedings of the World Economic Forum (wef), an annual gathering of the elite in Davos, Switzerland: “ceos are definitely the heroes of 2020.”