This 2016 Bilderberg Meeting will be characterized by its focus on the growing underclass of “precariats” with insecure jobs and no future in an age of A.I.
by Aaron Dykes
While Bilderberg handles the propaganda coup to stop Brexit from succeeding and while they discuss the ways they have of dealing with Donald Trump, there will be a topic with far greater significance for your future…
More than ever, the effects of technology is being felt, and is ready to shake the foundations that our society is built upon. That means jobs with no security, few benefits and an economy with an uncertain future.
(Please see the notes under the list and topics for further information.)
This was just released via BilderbergMeetings.org for June 7, 2016:
2016 Bilderberg Meeting – 64th Annual
9 – 12 June 2016 in Dresden, Germany
- Current events
- Europe: migration, growth, reform, vision, unity
- Middle East
- US political landscape, economy: growth, debt, reform
- Cyber security
- Geo-politics of energy and commodity prices
- Precariat and middle class
- Technological innovation
Participants — Final list of Participants
Castries, Henri de (FRA), Chairman and CEO, AXA Group
Aboutaleb, Ahmed (NLD), Mayor, City of Rotterdam
Achleitner, Paul M. (DEU), Chairman of the Supervisory Board, Deutsche Bank AG
Agius, Marcus (GBR), Chairman, PA Consulting Group
Ahrenkiel, Thomas (DNK), Permanent Secretary, Ministry of Defence
Albuquerque, Maria Luís (PRT), Former Minister of Finance; MP, Social Democratic Party
Alierta, César (ESP), Executive Chairman and CEO, Telefónica
Altman, Roger C. (USA), Executive Chairman, Evercore
Altman, Sam (USA), President, Y Combinator
Andersson, Magdalena (SWE), Minister of Finance
Applebaum, Anne (USA), Columnist Washington Post; Director of the Transitions Forum, Legatum Institute
Apunen, Matti (FIN), Director, Finnish Business and Policy Forum EVA
Aydin-Düzgit, Senem (TUR), Associate Professor and Jean Monnet Chair, Istanbul Bilgi University
Barbizet, Patricia (FRA), CEO, Artemis
Barroso, José M. Durão (PRT), Former President of the European Commission
Baverez, Nicolas (FRA), Partner, Gibson, Dunn & Crutcher
Bengio, Yoshua (CAN), Professor in Computer Science and Operations Research, University of Montreal
Benko, René (AUT), Founder and Chairman of the Advisory Board, SIGNA Holding GmbH
Bernabè, Franco (ITA), Chairman, CartaSi S.p.A.
Beurden, Ben van (NLD), CEO, Royal Dutch Shell plc
Blanchard, Olivier (FRA), Fred Bergsten Senior Fellow, Peterson Institute
Botín, Ana P. (ESP), Executive Chairman, Banco Santander
Brandtzæg, Svein Richard (NOR), President and CEO, Norsk Hydro ASA
Breedlove, Philip M. (INT), Former Supreme Allied Commander Europe
Brende, Børge (NOR), Minister of Foreign Affairs
Burns, William J. (USA), President, Carnegie Endowment for International Peace
Cebrián, Juan Luis (ESP), Executive Chairman, PRISA and El País
Charpentier, Emmanuelle (FRA), Director, Max Planck Institute for Infection Biology
Coeuré, Benoît (INT), Member of the Executive Board, European Central Bank
Costamagna, Claudio (ITA), Chairman, Cassa Depositi e Prestiti S.p.A.
Cote, David M. (USA), Chairman and CEO, Honeywell
Cryan, John (DEU), CEO, Deutsche Bank AG
Dassù, Marta (ITA), Senior Director, European Affairs, Aspen Institute
Dijksma, Sharon (NLD), Minister for the Environment
Döpfner, Mathias (DEU), CEO, Axel Springer SE
Dudley, Robert (GBR), Group Chief Executive, BP plc
Dyvig, Christian (DNK), Chairman, Kompan
Ebeling, Thomas (DEU), CEO, ProSiebenSat.1
Elkann, John (ITA), Chairman and CEO, EXOR; Chairman, Fiat Chrysler Automobiles
Enders, Thomas (DEU), CEO, Airbus Group
Engel, Richard (USA), Chief Foreign Correspondent, NBC News
Fabius, Laurent (FRA), President, Constitutional Council
Federspiel, Ulrik (DNK), Group Executive, Haldor Topsøe A/S
Ferguson, Jr., Roger W. (USA), President and CEO, TIAA
Ferguson, Niall (USA), Professor of History, Harvard University
Flint, Douglas J. (GBR), Group Chairman, HSBC Holdings plc
Garicano, Luis (ESP), Professor of Economics, LSE; Senior Advisor to Ciudadanos
Georgieva, Kristalina (INT), Vice President, European Commission
Gernelle, Etienne (FRA), Editorial Director, Le Point
Gomes da Silva, Carlos (PRT), Vice Chairman and CEO, Galp Energia
Goodman, Helen (GBR), MP, Labour Party
Goulard, Sylvie (INT), Member of the European Parliament
Graham, Lindsey (USA), Senator
Grillo, Ulrich (DEU), Chairman, Grillo-Werke AG; President, Bundesverband der Deutschen Industrie
Gruber, Lilli (ITA), Editor-in-Chief and Anchor “Otto e mezzo”, La7 TV
Hadfield, Chris (CAN), Colonel, Astronaut
Halberstadt, Victor (NLD), Professor of Economics, Leiden University
Harding, Dido (GBR), CEO, TalkTalk Telecom Group plc
Hassabis, Demis (GBR), Co-Founder and CEO, DeepMind
Hobson, Mellody (USA), President, Ariel Investment, LLC
Hoffman, Reid (USA), Co-Founder and Executive Chairman, LinkedIn
Höttges, Timotheus (DEU), CEO, Deutsche Telekom AG
Jacobs, Kenneth M. (USA), Chairman and CEO, Lazard
Jäkel, Julia (DEU), CEO, Gruner + Jahr
Johnson, James A. (USA), Chairman, Johnson Capital Partners
Jonsson, Conni (SWE), Founder and Chairman, EQT
Jordan, Jr., Vernon E. (USA), Senior Managing Director, Lazard Frères & Co. LLC
Kaeser, Joe (DEU), President and CEO, Siemens AG
Karp, Alex (USA), CEO, Palantir Technologies
Kengeter, Carsten (DEU), CEO, Deutsche Börse AG
Kerr, John (GBR), Deputy Chairman, Scottish Power
Kherbache, Yasmine (BEL), MP, Flemish Parliament
Kissinger, Henry A. (USA), Chairman, Kissinger Associates, Inc.
Kleinfeld, Klaus (USA), Chairman and CEO, Alcoa
Kravis, Henry R. (USA), Co-Chairman and Co-CEO, Kohlberg Kravis Roberts & Co.
Kravis, Marie-Josée (USA), Senior Fellow, Hudson Institute
Kudelski, André (CHE), Chairman and CEO, Kudelski Group
Lagarde, Christine (INT), Managing Director, International Monetary Fund
Levin, Richard (USA), CEO, Coursera
Leyen, Ursula von der (DEU), Minister of Defence
Leysen, Thomas (BEL), Chairman, KBC Group
Logothetis, George (GRC), Chairman and CEO, Libra Group
Maizière, Thomas de (DEU), Minister of the Interior, Federal Ministry of the Interior
Makan, Divesh (USA), CEO, ICONIQ Capital
Malcomson, Scott (USA), Author; President, Monere Ltd.
Markwalder, Christa (CHE), President of the National Council and the Federal Assembly
McArdle, Megan (USA), Columnist, Bloomberg View
Michel, Charles (BEL), Prime Minister
Micklethwait, John (USA), Editor-in-Chief, Bloomberg LP
Minton Beddoes, Zanny (GBR), Editor-in-Chief, The Economist
Mitsotakis, Kyriakos (GRC), President, New Democracy Party
Morneau, Bill (CAN), Minister of Finance
Mundie, Craig J. (USA), Principal, Mundie & Associates
Murray, Charles A. (USA), W.H. Brady Scholar, American Enterprise Institute
Netherlands, H.M. the King of the (NLD)
Noonan, Michael (IRL), Minister for Finance
Noonan, Peggy (USA), Author, Columnist, The Wall Street Journal
O’Leary, Michael (IRL), CEO, Ryanair Plc
Ollongren, Kajsa (NLD), Deputy Mayor of Amsterdam
Osborne, George (GBR), First Secretary of State and Chancellor of the Exchequer
Özel, Soli (TUR), Professor, Kadir Has University
Papalexopoulos, Dimitri (GRC), CEO, Titan Cement Co.
Petraeus, David H. (USA), Chairman, KKR Global Institute
Philippe, Edouard (FRA), Mayor of Le Havre
Pind, Søren (DNK), Minister of Justice
Ratti, Carlo (ITA), Director, MIT Senseable City Lab
Reisman, Heather M. (CAN), Chair and CEO, Indigo Books & Music Inc.
Rubin, Robert E. (USA), Co-Chair, Council on Foreign Relations
Rutte, Mark (NLD), Prime Minister
Sawers, John (GBR), Chairman and Partner, Macro Advisory Partners
Schäuble, Wolfgang (DEU), Minister of Finance
Schieder, Andreas (AUT), Chairman, Social Democratic Group
Schmidt, Eric E. (USA), Executive Chairman, Alphabet Inc.
Scholten, Rudolf (AUT), CEO, Oesterreichische Kontrollbank AG
Schwab, Klaus (INT), Executive Chairman, World Economic Forum
Sikorski, Radoslaw (POL), Senior Fellow, Harvard University; Former Minister of Foreign Affairs
Simsek, Mehmet (TUR), Deputy Prime Minister
Sinn, Hans-Werner (DEU), Professor for Economics and Public Finance, Ludwig Maximilian University of Munich
Skogen Lund, Kristin (NOR), Director General, The Confederation of Norwegian Enterprise
Standing, Guy (GBR), Co-President, BIEN; Research Professor, University of London
Thiel, Peter A. (USA), President, Thiel Capital
Tillich, Stanislaw (DEU), Minister-President of Saxony
Vetterli, Martin (CHE), President, NSF
Wahlroos, Björn (FIN), Chairman, Sampo Group, Nordea Bank, UPM-Kymmene Corporation
Wallenberg, Jacob (SWE), Chairman, Investor AB
Weder di Mauro, Beatrice (CHE), Professor of Economics, University of Mainz
Wolf, Martin H. (GBR), Chief Economics Commentator, Financial Times
What will be most important at the 2016 discussion?
There are gigantic moves underway with regard to the price of oil and the end of the petrodollar era.
The geopolitical effects are not only being played out in conflict regions like Syria, Yemen and the Ukraine, but in the headlines and in economic sabotage seen most blatantly with Venezuela, but happening all across the globe.
The Brexit referendum would be a particularly large blow to the European Union’s credibility and image, and the Bilderberg crowd – who gave birth to the EU – have reputations and egos invested deeply in the superstate project.
But in the long-term, it is the drastic changes in the economic landscape that will cause the most instability, outrage and upheaval.
It is largely centered around the rapid pace of technological growth and the online world, and the grave implications it has for employment and living standards.
Just check out the topics Bilderberg is focusing on – United States “economy: growth, debt, reform” as well as discussion on the impact of “technological innovation” and migration to economic and social factors. Looming largest of all is the ominous topic “precariat and middle class.”
What the hell is the precariat? And why is this term important for Bilderberg or the middle class?
In the age where even the Davos elite are preoccupied with the wealth gap and the power of the 1% over the ‘revolutionary’ masses… the term “precariat” is a modern spin on the proletariat of the next era… getting by from gig-to-gig an in an economy with no clear future and uncertain job security.
Precariat via Wikipedia:
“In sociology and economics, the precariat is a social class formed by people suffering from precarity, which is a condition of existence without predictability or security, affecting material or psychological welfare.
“Unlike the proletariat class of industrial workers in the 20th century who lacked their own means of production and hence sold their labour to live, members of the Precariat are only partially involved in labour and must undertake extensive ‘unremunerated activities that are essential if they are to retain access to jobs and to decent earnings.’
“Specifically, it is the condition of lack of job security, including intermittent employment or underemployment and the resultant precarious existence. The emergence of this class has been ascribed to the entrenchment of neoliberal capitalism.”
“Like the sardonic question posed by Bilderberg in 2014 – Does Privacy Exist? – the precariat is meant to poke at all the American Dream leftovers who will find themselves without direction, meaningful employment or much other hope for the coming decades of innovation under robotics and automation.”
The topic is one that has been probed by Guy Standing, who is Professor of Development Studies at SOAS, University of London and has promoted the idea of basic income as a global right.
Northeastern University reported on Professor Standing’s new agenda:
“Guy Standing, author of The Precariat: The New Dangerous Class, and A Precariat Charter, spoke about his new work to an overflow group of students and faculty in the Raytheon Amphitheater on February 22nd, 2016.
“Standing defines the precariat as an emerging class of people facing lives of economic insecurity, moving in and out of jobs that give little meaning to their lives. As such, they develop emotions of anomie, anxiety, alienation, and anger.
“The precariat is a ‘dangerous class’ because it is internally divided, including college graduates without career prospects, adjuncts and other involuntary part-time workers, migrants and other vulnerable groups that tend to be vilified, as well as what Standing called ‘atavists’ and ‘nostalgics.’ Lacking agency, its members may be susceptible to the calls of political extremism.”
What will happen to people when millions can no longer find work? Who will support their cost of living and what will justify their place in society?
How will a dead broke government pay for all its dependents in the larger collectivist society? Global government shall apparently aim to provide…
In considering these questions, please also note the presence of David M. Cote, the Chairman and CEO of Honeywell (a major defense contractor) who has not previous shown up on any Bilderberg attendee rosters.
He is almost certainly in Dresden to give a special presentation on: US political landscape, economy: growth, debt, reform.
How will financial futures be dealt with in the face of bankrupt and bloated obligations for benefits? How can governments pay for all those people to retire, have health care and live decent lives?
David M. Cote is there to give an answer bankers can believe in.
David M. Cote is an expert on financial “risk” who is known for losing $2 billion in derivatives while at JP Morgan Chase, who served on the NY Federal Reserve board and who was appointed by President Obama to a key committee on debt wherein Cote has recommended cutting social benefits in order to reduce the budget deficit.
According to the Union Leader:
“In 2010, President Barack Obama named Cote to serve on the bipartisan National Commission on Fiscal Responsibility and Reform, more commonly known as the Simpson-Bowles Commission.
“Cote said he […] discuss[ed] reigning in federal entitlement programs as part of an overall effort to curb budget deficits and reduce the federal debt.
“By and large, a majority of politicians understand the problem,” he said. “It’s a lack of political will out of fear their decision will be used against them.”
[…]”Cote is a co-founder of Fix the Debt, a group of executives and former legislators who campaign for deficit reduction and tax reform. In a 2013 interview with the New Hampshire Union Leader, Cote […] framed the options for deficit reduction in terms of either increases in taxes or a reduction in social security benefits, saying, “If you have people saying, ‘Don’t raise my taxes, but don’t cut my benefits,’ it makes it really difficult to get anything done.”
The rapidly aging baby boomers have created a giant problem for taxes and debt. But there are even more important factors on the horizon.
While dealing with these issues is clearly important, and the prospect of cutting benefits might even sit well with many conservatives, keep in mind that Bilderberg is operating in the shadows, and creating a solution for the elite.
These insider titans stand to prosper through the management of pension funds and their investment in derivatives and other vehicles, through increased profits in health care and through the management of a society that has become entirely dependent upon social welfare and benefits just to get by.
In the wake of continuing technological revolution, human labor has officially been discounted, rendered obsolete and has become secondary in usefulness only. The effects of that truth are about to widely felt.
The bureaucrats know it. The banksters know it. The executives know it. The Silicon Valley elite know it.
And here they are, gathered round the table to discuss how to handle the public relations problem of a society about to tear into pieces, or become completely under the thumb. What happens then?