Birdwatch Note Rating
2023-10-02 07:21:11 UTC - NOT_HELPFUL
Rated by Participant: E78636279E2EB21B454F4ADEC730DA768672FC0B79A6974B69AC579410796DC3
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