Extending from yesterday’s World Economic Forum commentary, conference founder Klaus Schwab does not appear to be a fast friend of the free market.

A new capitalism cannot be engineered. Because capitalism is a system devised from human nature, it especially cannot be engineered. It must evolve. However, some will try.

The World Economic Forum founder and chairman, Klaus Schwab, recently stated:

“Capitalism, in its current form, no longer fits the world around us. We have failed to learn the lessons from the financial crisis of 2009. A global transformation is urgently needed . . .”

Mr. Schwab also said:

“We are looking desperately around the world for people who can offer solutions. We are in danger of losing the confidence of future generations.”

(Just a technicality perhaps, but yet one about which Mr. Schwab should know. The financial crisis began in 2008, not 2009.)

His remarks, though probably well-intentioned, smack of the desire for the centralized planning of an economic system. We know from history what happens when governments, especially those seeking global influence, endeavor to control economies.

Capitalism springs from the natural behavior of human beings. To engineer around that simply flirts with disaster.

No, Mr. Schwab. The best solution is to get global planning authorities out of the equation, and with the input of their constituents let nations and states figure out what’s best for their own people.