Birdwatch Note Rating
2023-10-02 01:19:42 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 4ABE6203F10279A89C2A3C09E70B746A68D327698E0FC5F06B79365FFE86469B
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