Stakeholder capitalism key in Schwab’s ‘reset’

Stakeholder capitalism is the centerpiece of Klaus Schwab’s Great Reset. By John Anthony / Sustainable Freedom Lab According to Schwab, Founder of the World Economic Forum, and the economic model’s most vocal advocate, the stakeholder capitalism will not only “optimize short-term profits for shareholders, but seek long term value creation, by taking into account the needs of all their stakeholders, and society at large.” Proponents claim the new capitalism is the inclusive replacement for greedy shareholder capitalism that places investor profits ahead of society. Beyond this rhetoric you find Schwab’s model is more about redirecting wealth and power to the … Continue reading Stakeholder capitalism key in Schwab’s ‘reset’