Part 6/7:
Despite Schwab’s resignation, the WEF is likely not to dissolve entirely. Peter Brabeck-Letmathe has been appointed as Schwab's successor, suggesting continuity in leadership. However, the WEF's perceived power appears to be waning, as public skepticism toward its policies has increased. Critics argue that the forum's attempts at global regulation may be veiled forms of socialism, representing a divide in public opinion on its effectiveness and intentions.