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The annual World Economic Forum held in Davos, Switzerland, bills itself as the place for "Reshaping of the World," with "Consequences for Society, Politics and Business." In reality, it's anything but.

While organizations will spend an average of $40,000 to send their CEOs, heads of state and moguls to the ultimate schmooze-a-thon, the reality is the world won't be reshaped in Davos next week.

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