Birdwatch Note Rating
2023-10-02 11:08:52 UTC - NOT_HELPFUL
Rated by Participant: E197EAC0DA55D63B693843273CFEB96EDF8B11A276451923D5C28F3FDDEAFCD7
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