Birdwatch Note Rating
2023-10-02 22:04:58 UTC - HELPFUL
Rated by Participant: C8E5B4C7656E1EF520C14BB2E0348D3DB27D486E4928B0FDF57920C3CE3CAA7F
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