Birdwatch Note Rating
2023-10-11 08:49:48 UTC - HELPFUL
Rated by Participant: 5819C0B2C2C605A4F017D53C5C54D6C9675876E7B681E89B24AF1A525B3EF97A
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