Birdwatch Note Rating
2023-10-02 12:22:29 UTC - NOT_HELPFUL
Rated by Participant: 270CBCB6CFA4572EAFA2611189C7525AAD1AA7115AF78A7DAD4C7DF6EA0E5566
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