Birdwatch Note Rating
2023-10-03 16:19:51 UTC - HELPFUL
Rated by Participant: A82EE084963665A5F3FE61597A2026B6EE9ED3325DFBDA6EB6541F1FA68F923B
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