Birdwatch Note Rating
2023-10-02 03:53:57 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 1AA3B96F7ED0E59E4790E7F52AB078F712ACC9F1BF802B494D69CA2C8D1C115C
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