Birdwatch Note Rating
2023-10-10 06:09:31 UTC - HELPFUL
Rated by Participant: 7E60F9665EF2A6BA72218257EF560E3A9B47BFDC435070C42D1715B7F78CC68A
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