Birdwatch Note Rating
2023-10-02 03:51:38 UTC - NOT_HELPFUL
Rated by Participant: B559A4A61B62727C9C683A28B1761B51C1613D44EDEA2D84F111B492ECAF5570
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