11/17/20: Interview of Klaus Schwab. "Usually everyone who comes to speak are part of Davo's community of regulars".
Only 2 sitting US Presidents to attend the World Economic Forum: Trump & Clinton
It was at Harvard that Schwab met Henry Kissinger.
bloomberg.com/news/videos/20…
Only 2 sitting US Presidents to attend the World Economic Forum: Trump & Clinton
It was at Harvard that Schwab met Henry Kissinger.
bloomberg.com/news/videos/20…
Klaus Schwab came up with the concept of corporations being stakeholders as the Davos idea.
Companies aren't just an economic unit, but a social organism that has to serve all those who depend on them & have a stake, like people working for them & communities they're active in.
Companies aren't just an economic unit, but a social organism that has to serve all those who depend on them & have a stake, like people working for them & communities they're active in.
Klaus Schwab says the Davos idea is stakeholder capitalism, the stakeholder responsibilty. Schwab believes people trust the World Economic Forum because they are a non-profit, and aren't serving their own purpose. (I kid you not).
Schwab is proud stakeholder capitalism is now broadly accepted. Business interacts w/ government leaders, but to plan long term, you have to know the feelings of customers, young generations, & experts, so it's a place where you could really solve what the future would bring.
Klaus Schwab built a very strong GOVERNMENT structure, not only with the board of trustees...but with offices around the world in China, Tokyo, US. They have the Center for the 1st Industrial Revolution in San Francisco!
Klaus Schwab is very proud that THEY took an intiative. He again says he is VERY proud about his stakeholder capitalism, and how they are involved in the Corona Crisis! 
OMG, he talks about "the last Pope" at the very end. I can't understand exactly what he says, but it sounds like Pope Benedict wasn't on board with Klaus & his stakeholder capitalism.
David Rubenstein is brilliant in how he strokes the echo of Klaus Schwab to get him to talk.
David Rubenstein is brilliant in how he strokes the echo of Klaus Schwab to get him to talk.
At the end, Klaus Schwab lists:
Brains = Stands for Professionalism
Soul = Stands for having a compass which gives you direction, visions & values
Heart = Passion
Muscles =Being able to implement your ideas & vision.
Only a few leaders respond to all 4 criteria.
Brains = Stands for Professionalism
Soul = Stands for having a compass which gives you direction, visions & values
Heart = Passion
Muscles =Being able to implement your ideas & vision.
Only a few leaders respond to all 4 criteria.
1935 article published in the journal Economica.
Mussolini was using corporatism to harden the Fascist regime’s grip on the economy and society.
Is this any different than Klaus Schwab's Stakeholder Capitalism?
jstor.org/stable/2549110…
Mussolini was using corporatism to harden the Fascist regime’s grip on the economy and society.
Is this any different than Klaus Schwab's Stakeholder Capitalism?
jstor.org/stable/2549110…
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