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Posted at 10:42 AM ET, 01/28/2011

Wine tasting at Davos, 2011 edition

By Ezra Klein

Felix Salmon reports:

Wine tasting was historically one of the more interesting and enjoyable events that was put on at Davos, but it got nixed in 2009 when conspicuous consumption of first-growth clarets was considered inappropriate in the face of the global financial crisis. The consequence was much the same as attempts to cap CEO salaries: just as the executives end up making much more money through stock options, the wine tasters, freed from whatever decorum was imposed upon them by the official constraints of the World Economic Forum, showed just how out-of-control wine events can really be.

It'd be fair to say Felix wasn't impressed.

By Ezra Klein  | January 28, 2011; 10:42 AM ET
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i can just see bill clinton there, soon to be joined by evan bayh...and maybe even dennis kucinich, who should definitely choose wines over drinks with olives in them.
the narcissism and self-congratulatory nature of all of this...
dont these people feel guilty drinking five hundred dollar bottles of wine, when the whole world is especially, watching them?
dont they care at all, even in public, what they look like, and the messages that they give?
i think it is really heartbreaking, what happens to people that are so intoxicated and driven by money and power....and especially when these are the people who make the decisions that affect every one of us.
i just cant help but think about the contrasts in the world, when i read this.
i cant help but mention this. just before i read this article, i was thinking about a little girl in the shelter where i work, who saw a car leaving, as she looked out of the gate.
she said, "i wonder if they have a home that they are driving to..or if they have a pass to go out somewhere."

and then, i think of this drunken mess, of the rich and powerful.

for people who think, the world is a comedy.
for people who feel, the world is a tragedy.

Posted by: jkaren | January 28, 2011 10:54 AM | Report abuse

Ezra, there's actually a lot going on in the world right now. Take your ritalin and try to focus!

Posted by: johnmarshall5446 | January 28, 2011 11:31 AM | Report abuse

" there's actually a lot going on in the world right now."

johnmarshall5446....this "is" what is really going on in the world.
these "are" the people who are deciding our fate.
these are the people who hold the economic power to really determine your fate, how congresspeople will vote, what bills may get passed, what products you will buy, how you will live in the future.

i, for one, think this is really important.
because the character and consciences and public appearances of these people, tell us who is really determining our fate.
and it is good to hear about the values and foolish pleasures worth millions of dollars, of the economic titans who make the real rules and really set the policy for our government's priorities.
all you really need to know, is....
"he who has the gold, makes the rules."
if how they choose to appear, to the countries they led, influenced and governed, the supporters who helped to finance their campaigns, the stockholders and consumers that they owe their sybaritic lifestyles to....i want to know about it.
i like to know about the public conscience that governs our country and the corporations that run it.

Posted by: jkaren | January 28, 2011 12:42 PM | Report abuse


Can't believe that you like this piece, but I stand corrected in thinking that it appealed to no one!

Posted by: johnmarshall5446 | January 28, 2011 1:28 PM | Report abuse

"Can't believe that you like this piece,"

it isnt that i liked the piece...

i like to know about the public conscience that governs our country and the corporations that run it.

Posted by: jkaren | January 28, 2011 3:26 PM | Report abuse

Years ago I read a fascinating piece in the New Yorker about counterfeit wine. It contained a tale about a group of extremely rich businessmen ordering bottles of ridiculously expensive wine (high 100's per bottle). They drank one, ordered a second, thought it tasted terrible and demanded the restaurant open a third bottle as a replacement. The restaurant, upset about wasting a bottle, called in an expert to see if the 2nd bottle may have been a forgery. The expert concluded that the second bottle was actually the only genuine one. The businessmen, unknowingly, had refused to drink the only real one, preferring instead the cheap swill the counterfeiter put in the other two bottles.

Posted by: Nylund154 | January 28, 2011 9:24 PM | Report abuse

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