Birdwatch Note Rating
2023-10-05 20:12:42 UTC - NOT_HELPFUL
Rated by Participant: 1F61C6BDFAF87A6A70F13FE131A9EE671BCFB35B8DBC25073F899FD33FD27DBE
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