Birdwatch Note Rating
2023-10-02 06:02:23 UTC - HELPFUL
Rated by Participant: 9E555672E3E8F8AC68D204DDF66EB0A53939D4DA0EFE8B88CFD266753FE931D5
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