In late February, conservative commentator Liz Wheeler said in a Facebook post that, “The Great Reset advocates replacing capitalism with an economic system that is ‘kind of socialism, kind of communism’ but ‘mostly just fascism.'”

In early October, when Wheeler’s post began gaining traction across the internet, PolitiFact deemed her statement “False” and declared, “The Great Reset is not a conspiracy to force changes in economic systems.”

PolitiFact added, “The World Economic Forum has never advocated for the creation of a totalitarian world government or the replacement of capitalism with another economic system. There is no evidence to support this theory, and it has been thoroughly debunked.” By the way, just in case you aren’t totally convinced that PolitiFact wants you to know that the “World Economic Forum managing director Adrian Monck told PolitiFact that such claims are ‘ludicrous.'”

So, there you have it. Based on PoltiFact’s intense investigative reporting, the Great Reset has nothing to do with changing economic systems because the World Economic Forum’s managing director says so.

But, here is what PolitiFact failed to mention:

  1. The World Economic Forum (WEF) is the very organization that is pushing the Great Reset, which means that Monck has a clear conflict of interest and is therefore the furthest thing from a credible source on the matter.
  2. The World Economic Forum’s website says: “the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a ‘Great Reset’ of capitalism.”
  3. Also, according to the WEF, “The Great Reset agenda would have three main components. The first would steer the market toward fairer outcomes. … The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability. … The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good.”

One could include hundreds, perhaps thousands, of more quotes from the WEF or its acolytes in which they literally say in frank terms that the Great Reset’s grand goal is to replace “shareholder capitalism” with what it calls “stakeholder capitalism.”

In other words, the Great Reset’s entire agenda is predicated on changing our current economic system, what we call shareholder capitalism, with a top down, collective form of “capitalism” it calls stakeholder capitalism.

Shame on PolitiFact for carrying water for the WEF and the globalist agenda. But, should we really be surprised? On several occasions PolitiFact has embarrassed itself with so-called “fact checks” that are verifiably wrong with a simple Google search or a sliver of common sense.

PHOTO: PolitiFact Truth-O-Meter. Photo by Mike Licht. Attribution 2.0 Generic (CC BY 2.0).

Chris Talgo (CTalgo@heartland.org) is an editor and research fellow at The Heartland Institute and a researcher and editor at StoppingSocialism.com.