Zoe Williams

Do we need Davos if even the rich are fed up with the super-rich?

Rachel Reeves might give the impression of being someone who’s never late for social engagements, but she is increasingly late to the party. At a breakfast event at Davos last week, after she’d spelled out her faith in artificial intelligence and a high-skilled workforce, someone asked Britain’s chancellor how she felt about “wealth creation” – was she relaxed, in a Blairite sense ? “Absolutely,” Reeves replied. “Absolutely relaxed.” Wealth creation isn’t quite the same as just wealth, but “wealth creators” is famously the moniker the super-rich use for themselves. And so Reeves’s exceedingly relaxed tone here puts her in a minority – possibly a minority of one. As Elon Musk salutes his way into political power, not even rich people are relaxed about wealth any more. At the World Economic…

You're reading a preview of

Guardian Weekly (Digital) - 1 Issue, 31 January 2025

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.