Birdwatch Note Rating
2023-10-02 02:48:15 UTC - NOT_HELPFUL
Rated by Participant: A4F4264C8742E20C37623E804E53ED6F2D3FAD97D9AF894FA37FE033C139F8EF
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