Michael Rada
3 min readJan 18, 2020


In the year 1971, the WORLD ECONOMIC FORUM was founded by Professor Klaus Schwab at the University of Genova and it took just three years till the first meeting of Leaders but in fact, the first 17 years the name was different. WORLD MANAGEMENT WORUM and was renamed first in 1987.

Already in 1971 Professor Schwab invited 444 executives from Westeuropean countries and businesses to meet and discuss under the patronage of EUROPEAN COMMISSION and EUROPEAN INDUSTRIAL ASSOCIATIONS. In this, it reminds me very much on the birth of SOCIETY 5.0 in Japan four years ago.

No matter what, meeting Place was DAVOS and it stays with it.

Since 1971 become the small city in Swiss, once a year the meeting place of the powerful and reach ones, who starts during the years to name themself THE LEADERS OF THE WORLD.

In a few days, the next meeting takes place. Same location, same people and same stories. The rich ones will talk about how to become even richer and this year one more topic will be agenda, THE CLIMATE CHANGE.

I am sure there would be a lot of promises to share with the poor ones through the media and I am almost sure nobody will talk where the fortune and money of the rich ones came from.


It is a pity for one secret will remain hidden and the will need other decades to learn about. Decades of wasting and devastating for money.

I was never asked to speak to the audience and probably I will never be asked to do so, for I am not rich, I am not influential and I am just a man, which is proud of the title HUMAN.

There is a way how to make more money and damage less

It is enough to prevent waste happen

Not a single time as one-way cutlery, or box, or palet, or car, or plane, or house, or building, or city, or life.

Permanently and systematically.

It is simple and written in the principles of INDUSTRY 5.0, which intention is not only to be the biggest in the world, by being part of all the industries of the world but to be the only one which does not damage the world but protect it by efficient utilization of the ON-THE-GROUND-MINES.

There is money on the ground, fortune under the carpet and nobody bend to pick it up, missing the understanding of the value.


But to be able to get the next regular meeting by then, in 2050, the world and business have to change from WASTEFUL to WASTELESS and INDUSTRY 5.0 and its tools are delivering this change.

The leaders represent BLIND GIANTS. If we STOP TO FEED THEM we can still live with them just the lost balance would be established once again.

I can tell you more, just pick me up, I am ready to deliver a clear message to all

Michael Rada



Michael Rada

I am HUMAN. This is the only title you can find after 30 years in business on my business card. Since 2013 I build wasteless world. I am founder of INDUSTRY 5.0