Birdwatch Note Rating
2023-10-02 04:46:02 UTC - HELPFUL
Rated by Participant: 1D9B99EB0B7005287B5997D2E23ED1C523FFA3656F17DC77615ACCDFF6B1CAAC
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