Birdwatch Note Rating
2023-10-02 01:09:48 UTC - HELPFUL
Rated by Participant: 82DA222FB8BBDF392E3DA9A9CECEB5899ECBC435647AC1FC1D6F2E83C184243B
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