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The 40th World Economic Forum is dedicated to eradicating poverty by the simplest, most obvious means possible  
Initiatives for the Annual Meeting 2010

We don't need, right now, a hundred initiatives. A few simple steps will take us a very great distance towards vanquishing the primary threat to civilized life on earth.

Click here for a list of all of this year's initiatives, and here for an overview of the Annual Meeting 2010.


Local Governance Initiative

An end to private monopoly ownership over natural resources, with a minimum 51% local communal ownership in corporations that control such resources. The termination of intellectual property rights on pharmaceutical drugs.

The appropriation of natural resources by local or internationally based corporations to the benefit of developed countries has always been the primary tool to maintain these countries in a form of under-development. Such resources should be exploited as Commons, and to benefit local communities. This initiative will promote a sustained economic development. The termination of intellectual property rights would allow these countries to manufacture generic version of life-saving drugs without owing unfair royalties to pharmaceutical corporations.

There must also be a formal recognition that developing countries have the right to determine their own fiscal and social policies, free of pressure from wealthy countries, and that more money in an economy (i.e. GDP) does not necessarily (or in fact usually) mean that people live better.

To learn more about these issues:


Prince Harry
Prince Harry speaks to the corruption in modern markets

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