Birdwatch Note Rating
2023-10-02 16:17:21 UTC - HELPFUL
Rated by Participant: 039D1095FDF9400450BC9D040E45C6E254986EFA79846B8209DE4751D66BD41C
Participant Details
Original Note:
At no point in the clip does Klaus Schwab say that. He is talking about Stakeholder Capitalism. Under this system, a company's purpose is to create long-term value and not to maximize profits and enhance shareholder value at the cost of other stakeholder groups. https://www.investopedia.com/stakeholder-capitalism-4774323
All Note Details