Many of the issues they canvas can only be sorted out with military confrontation and war. But it is typical of elites not to recognize that fact, and therefore they are most likely to cause war.
The same kind of gatherings were held in Europe before WWII in response to the rise of Nationalist Socialists in many countries as well as Germany and Italy.Most of the elite supported the Nazis, men like Joseph Kennedy and Charles Lindbergh.
Its no different today.Appeasement is a dish best served cold.Making money is more important to the elite than almost anything else.