Birdwatch Note Rating
2023-10-05 05:26:28 UTC - NOT_HELPFUL
Rated by Participant: 0960071269692BB513002E3E8E67AD6FBFEB13ADFCE140EEDC5D5A8121AF2875
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