Birdwatch Note Rating
2023-10-02 03:55:53 UTC - NOT_HELPFUL
Rated by Participant: EEA4A2C5C5AA5D79492322BB46FABED39DCDDB01F4E4400CF3BBA05186B2D08A
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