Birdwatch Note Rating
2023-10-03 00:56:05 UTC - HELPFUL
Rated by Participant: 18B79BD85FA5055C82E56E306AAE91779AEBDCD8C02BA7A996F86E4F2C0C73FA
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