Stakeholder Capitalism: Building the Future is the third video to watch. Klaus Schwab has been touting the destruction of capitalism as we understand it as a free market, then rebuilding with a stakeholder capitalism concept. Some sort of delusion he dreamed up in his mind. Stakeholder capitalism is "a form of capitalism in which companies seek long-term value creation by taking into account the needs of all their stakeholders, and society at large." Translated this means a global economy run by global corporations in which they will utilize human capital (you & your labor) for expanding their power and profits. The benefit to human capital will be a more inclusive world, with equality for all, no injustices towards anyone, and quality living with equal distribution of resources. In other words, what those corporate leaders decide to dish out to you. Anyway, here is a summary of this video. Klaus Schwab himself describes how corporations "should establish a framework of metrics according to ESG criteria". ESG stands for Environmental, Social, and Governance criteria. He mentioned the US Business "roundtable", assuming he is referring to the Council, issuing a statement of "embracing the stakeholder concept". Here is a list of those members, many of which are also World Economic Forum (WEF) partners. Naturally this website is restricted in getting information on what they are doing. Unbeknownst to us, Schwab claims we are now demanding more from governments and businesses. Bringing in the "experts" was discussed, that is, listening to only those who are smarter than you, for example to get vaccinated. Interestingly, one presenter spoke to the bail outs given to different industries such as airlines by different countries being "conditional" on reducing carbon emissions. France's Macron apparently told businesses that the bailout was intended to "help them transform". Isn't this a form of bribery? In Denmark the condition was to not use tax havens. In the US, the Cares Act had a "seed" that was discussed so businesses could not buy back shares. What one can see from this discussion, there clearly was a scheme to bribe businesses to join in the agenda. That is how it will go, bribery until such time every business has been ensnared in this coup, and it is a coup over sovereignty and capitalism. One woman speaking on this had a hideous smile the whole time as if it were wonderful, but then again she was plugging her book. She also pondered the appearance of this as akin to "holding a stick over their head", that message needing changed. Well, a spade is a spade lady. Health is mentioned as one particular target in this scheme. According to one panel member, a musician, nothing can work at a global economy level without consideration of Africa as it is the most influential. Her rationale is on thin ice, although her point about there being no trust in anything and the level of corruption is accurate. It boils down to racism on her part. A Paypal officer labeled people as struggling all the time and anger towards enough not being done for them. This is a complete dichotomy from an American citizen's belief in independence. It is also a very blatant statement on why dependence on government, and even a business, should never, ever be considered. What those entities give can just as easily be taken away, a good example of what the threat is in this whole initiative. He also went on to describe how it is the company's responsibility to address social causes such as racism and inequity. This is the new church to worship, not the Ten Commandments or the Bible. The Belgium Prime Minister mentioned that "there is no activity that is sustainable that is not profitable". What? In other words, the reason for the push to sustainability is for profit. That is one big huge cat out of the bag, yes, the sustainability scam is about nothing more than profit, and a profit not meant for you. Klaus threw in his two cents worth about it not just being financial capital but how a company uses other forms of capital, including people. The smiling lady jumped in to counter Klaus, that "wealth is collectively created". Hmmm, so all of your hard work was a collective effort towards your wealth. That smiling woman is Mariana Mazzucato, an author and professor who is indoctrinating young minds on this propaganda. She should be asked who collectively contributed to her words in her books and if she is collectively sharing those book profits with them for their contributions. Not likely. "We have to stop talking about wealth creation as just business". Klaus agreed, "It is shared wealth creation". These are the individuals who are designing how our economy will be driven by stakeholder capitalism, a dramatic shift from our current capitalism structure. The other point being missed is that corporations, businesses, and government are objects, those are not the ones making decisions. It is people that make those decisions and all human dynamics will play into creating and using this changed system. There is no reason to believe that this system will be any less corrupt as capitalism for that reason. If anything it will be more corrupt. They are fools to think this way.
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