Who is Claus Schwab and what is the World Economic Forum?

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How does this club have so many famous members?

Spelling KLAUS*

In: 7

So Klaus is the founder of WEF (World Economic Forum)

WEF basically wants to redesign the current Western/capitalist/democratic system to focus on sustainability, fairness, equality, green energy, equal rights etc etc, all the common buzzwords.

But they also think this redesign should be carried out by a self selected group of governments/corporations, which just sounds like rich people who want to be in charge.