The author of the passage refers to "the Davos elite" to illustrate his views on:

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Question :

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A.
the way the debate around liberalism has been captured by the rich who have managed to insulate themselves from economic hardships.
B.
the fact that the rise in liberalism had led to a greater interest in shared futures from unlikely social classes.
C.
the unlikelihood of a return to the liberalism of the past as long as the rich continue to benefit from the decline in liberal values.
D.
the hypocrisy of the liberal rich, who profess to subscribe to liberal values while cornering most of the wealth.

Option D is the correct answer.

Explanatory Answer

Note the context in which the author talks about the 'Davos elite': 'The biggest enemy of liberalism is not so much atomisation but old-fashioned greed, as members of the Davos elite pile their plates ever higher with perks and share options.' Only option D relates to the greed of the Davos elite. This is the correct answer choice.