Can Davos fix the 'insular' mindset that's dominating business? It's a place to start | Fortune
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Can Davos fix the 'insular' mindset that's dominating business? It's a place to start | Fortune
"When BlackRock CEO Larry Fink became co-chair of the World Economic Forum last year, he called up U.S. President Donald Trump and asked him to come speak, which he did. Fink also called Scott Galloway, an author, podcaster and NYU Stern marketing professor who has a very different view of what will make America great. As Galloway told me last night at our annual Fortune Global Leadership Dinner: "Larry Fink called me and said, 'I want you to come.' That was more than enough.""
""The call sign of America back then was consumerism; it was more cooperation, alliances. Now, I feel the American brand is chaos, corruption and coercion," he said. "America has been the operating system of the world ... There's just a sense of unease ... In 1999, we said 'we want more,' now we want to make sure things don't get worse.""
BlackRock CEO Larry Fink invited both U.S. President Donald Trump and critic Scott Galloway to Davos, illustrating WEF's role in convening divergent voices. Galloway contrasted 1999's American brand of consumerism, cooperation and alliances with a current perception of chaos, corruption and coercion, and described America as once the world's operating system now marked by unease. Galloway praised Canadian Prime Minister Mark Carney's speech. WEF hosted cross-sector interactions, with Saudi Tourism Minister Ahmed Al-Khateeb comparing notes with Switzerland Tourism CEO Martin Nydegger, and Commerce Secretary Howard Lutnick engaging with attendees. Many global leaders identified areas of commonality during dinners and lunches.
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