Yves here. Even though the title of this interview might seem hyperbolic, the top wealthy, who have no strong loyalty to countries or societies, are using both the muscle of international companies and transnational organizations to further hollow out governments and reduce democratic accountability, with a new “global governance” model. It’s the newest flavor of the old neoliberal playbook, of bending government and society to the pet wishes of commerce.
Measures like “investor-state dispute settlement” which were effective in gutting national environmental and labor protections were getting enough bad press to make it hard to incorporate them into new trade pacts. So now this global elite is looking for new ways to extend its influence. And their big tool is creating new international bodies, dominated by corporations, which increasingly either co-opt or muscle aside national governments and existing chartered bodies.