By: The Posts Author | Posted on: 19 Feb 24
The New Discourses Podcast with James Lindsay, Episode 136 Stakeholder Capitalism is a scam. Though not particularly well-known outside of certain business circles, it is the model associated with Klaus Schwab and the World Economic Forum. Its basic form is this: the purpose of the company itself has to change, not to serve customers and generate profit for shareholders but instead to “serve all stakeholders.” Its mechanism is also unsurprising: ESG, Environmental, Social, and Governance scoring metrics for corporations. Unsurprisingly, its implementation is shockingly corrupt and filled with Marxist distortions. In this episode of the New Discourses Podcast, host James
The New Discourses Podcast with James Lindsay, Episode 136 Stakeholder Capitalism is a scam. Though not particularly well-known outside of certain business circles, it is the model associated with Klaus Schwab and the World Economic Forum. Its basic form is this: the purpose of the company itself has to change, not to serve customers and generate profit for shareholders but