Birdwatch Note Rating
2023-10-03 20:05:03 UTC - NOT_HELPFUL
Rated by Participant: F9484551998ECDF4282D2262B0D6443AA6908756EBD7F0DA35AE4B23490FD9E9
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