The classic definition is basically private influencers guiding the control of gov and economic institutions. Public Private partnerships in the forms the WEF advocates Thus today's progressives, its exactly that. Own nothing, be happy... Who owns it when we don't? The corporations that profit off renting every item in our lives back to us after they buy it off us at firesafe prices pushed on us by law. The corporations who write the very laws Klaus Schwab is describing in his book to rescue us from climate change. The very laws Trudeau is passing in Canada guided by his mentor K.S. as a member of the young politicians club. You look up the definition... smother your own mouth.