Birdwatch Note Rating
2023-10-02 05:25:47 UTC - HELPFUL
Rated by Participant: D223B6605BBF8F2224CF0D1BBAA43CBBA5155B11F7929EFB2B65D35F462553E3
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