Birdwatch Note Rating
2023-10-02 14:22:39 UTC - NOT_HELPFUL
Rated by Participant: 430D7487AC5039B5B6B46634E54AC29D35D8ABED68CE965EB1E5DE9CD8639B7A
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