Birdwatch Note Rating
2023-10-02 16:42:19 UTC - HELPFUL
Rated by Participant: E2878716ED4507012185CB35BDE1048E03B78B8E6D40C106EB47A8CCAF83492A
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