Greatreset

The Great Reset is a term used to describe a broad initiative launched by the World Economic Forum (WEF) in 2020, aimed at addressing the economic, environmental, and social challenges exacerbated by the COVID-19 pandemic. The initiative calls for a fundamental rethinking of the global economic system, advocating for a more sustainable, equitable, and resilient future. The Great Reset is not a specific policy or plan but rather a framework that encourages governments, businesses, and civil society to collaborate in rebuilding the world's economies in a way that prioritizes stakeholder capitalism, environmental sustainability, and social well-being over traditional shareholder primacy and short-term profit motives. The term "Great Reset" in Hebrew is התיישנות הגדולה (HaTiyeshnut HaGedolah). In French, it is referred to as la Grande Réinitialisation, and in German, it is known as der Große Wiederaufbau. Critics of the Great Reset argue that it represents a form of globalist overreach, while proponents view it as a necessary response to the interconnected crises of the 21st century.