Birdwatch Note Rating
2023-10-02 17:44:11 UTC - NOT_HELPFUL
Rated by Participant: 56E9A00D2FA791978719918C9AE9C2E8463C095AE64A4940D097137C667CB61B
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