Kerby Anderson

Is the idea of “The Great Reset” merely a conspiracy theory? That seems unlikely given the fact that if you type in those three words in a search engine, you will find more than 900 million hits.

Last year the founder of the World Economic Forum co-authored and published a book called COVID-19: The Great Reset. The authors see the current situation in the world as a means of dealing with the “weaknesses of capitalism” supposedly exposed during the pandemic.

But to understand the history of “The Great Reset,” you need to go back to 2010 when urban studies scholar Richard Florida wrote a book with that title. He argued that the 2008 economic crash was the latest in a series of great resets that included the Great Depression of the 1930s. A few years later, the book and its ideas became the basis for wanting to “push the reset button” on the world economies.

Today, it is probably fair to say that the phrase “The Great Reset” means different things to different people. Environmental groups want to reset how we use resources and focus on sustainability. Business leaders want banks and corporations to use an ESG index (environmental, social, and governance index). Globalists want to reset the economy and move us toward what has been called “stakeholder capitalism,” or what others have called “communist capitalism.”

Critics talk about some of the other factors associated with “The Great Reset.” That would include such things as the promotion of uncontrolled immigration along with significant money printing. That results in problems like open borders and uncontrolled inflation.

The phrase “The Great Reset” may mean different things to different people. And as you can see, some of the ideas associated with it are bad for our country and us.