The Truth is Powerful

Why democratizing skills is the key to the post-pandemic economy

Ancient Athens decided that democracy would open up a better future. • The pandemic has widened the skills gap because of accelerating digitalizations.

• Upskilling must happen inclusively and globally to ensure an equitable recovery.

• Private organizations with a global footprint could play a key role in skills training.

In ancient times, power in society used to rest with one individual, or an elite who owned more wealth. At some point, the Athenian Greeks started asking themselves who should rule and how that would work best. The reformer Cleisthenes introduced a new, more inclusive system, where the people (demos) could rule (kratos): Democracy was born.

Currently, we know that democratic countries – those which involve and give voice to each of their citizens and protect human rights – enjoy more equal societies, and are also the wealthiest.

But the COVID-19 pandemic has shaken the foundations of this equality. Oxfam report that the global health crisis has inflicted a greater economic toll on the poor, women, or marginalized racial and ethnic groups. One of the reasons is that those groups worked in low-pay sectors such as tourism or retail; the ones most brutally hit by the pandemic. Inequality has grown.There is a high risk […]

Click here to view original web page at www.weforum.org

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