Birdwatch Note Rating
2023-10-02 14:12:38 UTC - NOT_HELPFUL
Rated by Participant: 3DE60D019D8B18A28FA124EDA9C8729B229CD7B518547F0B45FCD9CAC2968C6B
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