The World Economic Forum is not planning to seize control of everything through ‘the Great Reset’


World Economic Forum, Klaus Schwab, 1-17-2023
World Economic Forum Executive Chair Klaus Schwab delivers a speech, Jan. 17, 2023, at the group's conference in Davos, Switzerland. (AP)

Social media users are again sounding the alarm about “the Great Reset,” which they say is a plan by global elites to seize control of everything.

A Sept. 27 Instagram post describes the World Economic Forum’s “plan to control us.” It says one of the forum’s “predictions is that by 2030: ‘You will own nothing & be happy.’”

“‘But why would the elites want a world like this?’” the post asks.

“Simple. If you own nothing, they own everything,” it says. “They can take anything away from you when they want. And we won’t have freedom.”

The post claims “the Great Reset is coming” and urges people to “protect” themselves.

Multiple posts making this claim have been shared recently on Instagram. These posts were flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Meta, which owns Facebook and Instagram.)

Google Docs Image

(Screengrabs from Instagram)

The World Economic Forum and “the Great Reset” have long been at the center of conspiracy theories. The forum is a prominent international nongovernmental organization that engages political, cultural and business leaders in building regional and global agendas. But the forum has never advocated for a global takeover, and there’s no evidence it wants to abolish private ownership of goods and property.

This claim that the World Economic Forum wants to take control of people’s possessions likely originates from a 2016 Facebook video, which listed eight predictions for the world in 2030. The first one said, “You will own nothing and be happy. Whatever you want you’ll rent and it’ll be delivered by drone.”

Danish politician Ida Auken wrote this prediction in 2016. The corresponding article has since been removed from the World Economic Forum’s website, but in an archived version, Auken explains that this is not her “utopia or dream of the future.” The author’s note also says that she “wrote this piece to start a discussion about some of the pros and cons of the current technological development.”

A few years later, at the COVID-19 pandemic’s onset, the World Economic Forum proposed a set of policy ideas it referred to as “the Great Reset.” But it has since been hijacked by conspiracy theorists.

The theory’s believers saw the World Economic Forum’s proposal as proof that “global elites want to use the coronavirus as a tool to reorganize global societies and economies to their benefit at the expense of ordinary people, with the ultimate goal of a global totalitarian regime,” according to the Anti-Defamation League. However, this conspiracy theory has been widely debunked.

We rate the claim that World Economic Forum “elites” are pushing the Great Reset, which aims to control people by taking all their possessions, False.

 

By
Sara Swann
Digital Research Analyst
September 28, 2023

Truth-o-meter Ruling

False

IF YOUR TIME IS SHORT

  • The World Economic Forum and ‘the Great Reset’ have long been at the center of conspiracy theories. But there’s no evidence the forum is planning to seize people’s possessions globally.

Statement

World Economic Forum “elites” are pushing the Great Reset, which aims to control people by taking all their possessions.

Context

Stated on Sept. 27, 2023, in an Instagram post

Speaker/Target

Statement Date

September 27, 2023
Our Sources

Instagram post, Sept. 27, 2023

Instagram post, Sept. 27, 2023

Instagram post, Sept. 27, 2023

PolitiFact, "The Great Reset is not a conspiracy to force changes in economic systems," Oct. 11, 2022

PolitiFact, "No evidence that ‘leaked’ email from a Canadian politician is authentic," April 29, 2021

World Economic Forum, "Now is the time for a ‘great reset’ of capitalism," June 3, 2020

World Economic Forum, "Here's how life could change in my city by the year 2030" (archived version), Nov. 11, 2016

World Economic Forum, Facebook video, Nov. 18, 2016

Anti-Defamation League, ""The Great Reset" Conspiracy Flourishes Amid Continued Pandemic," Dec. 29, 2020

Reuters, "Fact check: The World Economic Forum does not have a stated goal to have people own nothing by 2030," Feb. 25, 2021

Reuters, "Fact Check: The World Economic Forum is not planning to take your possessions," May 4, 2021

Logically Facts, "False: A 2016 video by World Economic Forum confirmed that it wants people to own nothing by 2030," Nov. 4, 2022

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