Birdwatch Note Rating
2023-10-03 08:12:54 UTC - NOT_HELPFUL
Rated by Participant: FBED3B4A1F7288D306704B06D7168EE47D80724BA8FB92593BB20427325BB693
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
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