The Shadow Chancellor will head to the Alps next week to take on the elite. But what will he say?by George Magnus / January 16, 2018 / Leave a comment
You know truth is stranger than fiction when Nigel Farage wants a second referendum on Brexit and John McDonnell accepts an invitation to go to the World Economic Forum in Davos next week. We are used to politics throwing up all sorts of surprises, but there are few things as incongruous as this Labour Shadow Chancellor joining up with what he might easily call “class enemies” as they descend on the Alpine village.
Davos attendees comprise, for the most part, senior corporate executives, bankers, mainstream politicians and journalists. Some of the 2,500 attendees qualify for grants, but most have to pay. In light of various membership and partnership arrangements, the cost ranges between 60,000-600,000 Swiss francs, or £45,000-£450,000, plus the attendance fee, travel, accommodation, entertainment, and, if required, security costs. For about £500, you could get admitted but your access would be highly restricted. While many present, including NGO leaders and academics, may be politically sympathetic to McDonnell, the global elite is for the most part the opposition.