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Harvard, McKinsey and Davos are paying for neoliberalism’s sins

All three institutions that are supposed to offer a ticket to success are in crisis.

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All three institutions that are supposed to offer a ticket to success are in crisis.

All three institutions that are supposed to offer a ticket to success are in crisis.

PHOTOS: AFP, REUTERS

Adrian Wooldridge

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Three institutions stood at the heart of the neoliberal regime that ran the world from the 1980s onwards: Harvard University, McKinsey and the World Economic Forum (WEF). Harvard and McKinsey were the premier training grounds for the emerging global elite. The WEF’s annual meeting at Davos was the annual meet-and-greet party for the people who had made it (and their journalistic chroniclers).

All three institutions reinforced one another during the glory years of neoliberalism. And all three are currently in crisis.

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