Birdwatch Note Rating
2023-10-02 05:40:09 UTC - NOT_HELPFUL
Rated by Participant: 127299801145EAB0BD7E3AF2A5E49E83F30432B7D333949DADF6F86495D54589
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