Birdwatch Note Rating
2023-10-02 09:42:59 UTC - NOT_HELPFUL
Rated by Participant: B633F1D871762D43D3F09BF6DCBBA1B2BE483A6B2D1DA9BC14BF92E7851C0B4F
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