Public-Private Partnerships imply that states and corporations collaborate to form a globalist entity.
The World Economic Forum (WEF) in Davos, Switzerland, recently concluded amidst discussions that have raised significant concerns about public-private partnerships (PPPs). A revealing video from the AUF1 TV channel in Germany has brought to light the proceedings, exposing deep-seated worries regarding the intrusion of global corporations into the affairs of sovereign states.
At the heart of the debate among the Globalists was the alarming call for “global censorship against the great danger of disinformation” issued during this year’s WEF, alongside a strong push for governments to enhance collaboration with corporations. These partnerships, termed PPPs, entail a contractual alliance between the public and private sectors, effectively forming a “special purpose partnership.” However, grave concerns have been voiced over the potential subjugation of governmental policies to corporate interests, which poses a significant threat to state sovereignty and neutrality.
Critics, citing a 2022 OECD paper, argue that PPPs are highly susceptible to corruption, stifle competition through restricted calls for tender, and circumvent democratic processes while obfuscating actual expenses through off-budget financing. The OECD report has sounded the alarm that such practices could jeopardize the sustainability of public finances, potentially leading to credit rating downgrades and exacerbating financial crises for states.
An illustrative example highlighting the risks inherent in PPPs is the procurement of COVID-19 vaccines in the European Union. EU Commission Chairman Ursula von der Leyen’s controversial involvement in a billion-dollar PPP with pharmaceutical companies, sealed in 2020 under opaque contracts, has shifted the risk onto EU member states, burdening them with unnecessary vaccine stockpiles.
Ironically, von der Leyen, in her Davos address, emphasized the imperative of combating disinformation through partnerships with the private sector. However, critics argue that PPPs have long been exploited, particularly by developing countries grappling with corruption and now increasingly by Western governments contending with mounting debts.