Discover and read the best of Twitter Threads about #StakeholderCapitalism

Most recents (9)

🚨 Thrilled to release w/ @kathrynsbach & @StatelerLaura new @BrookingsMetro report -our most ambitious yet:

"Profits & the Pandemic: As shareholder wealth soared, workers were left behind"

We assess 22 leading companies during the pandemic.

A 🧵 1/

brookings.edu/research/profi…
.@kathrynsbach @StatelerLaura & I ask: did the biggest corporations live up to their commitments & pandemic moment to finally adopt a more inclusive model?

Did workers -- and not just shareholders -- benefit from gains? Were losses shared equitably? Do companies pay fairly? 2/ Image
We find that nearly all of the companies fell short of their commitments.

Overwhelmingly, financial gains benefitted (already wealthy) shareholders and execs...

..while frontline workers experienced greatest losses and shared minimally in gains.

Here are our key findings:

3/
Read 25 tweets
Jan 25 2021: Klaus Schwab on Feb 2020 BC/AC [before/after #covid] moment:

"Major change happened when the US #BusinessRoundtable, which represents major companies in the US, actually issued a statement embracing the stakeholder concept."

#GreatReset

Image
Schwab: "The crisis has shown us we need a mindset change & we need also to move from a society where business & governments have very separate tasks, to a society whereas the two #together w/ #civilsociety work hand in hand."

"To Change Everything":

theartofannihilation.com/the-manufactur…
Schwab: "We still measure only how a company uses the #financialcapital. Whether it's really efficient in terms of
allocation of financial capital. But we should measure how a company, in which way a co., uses #naturalcapital [] so that's the essence of #stakeholdercapitalism." ImageImageImageImage
Read 7 tweets
Annual WEF commences tomorrow w/ #DavosAgenda.

Key theme: rebuilding #trust - in order to obtain new social #contract - required for global #greatreset that will secure/serve ruling class & corporate power expansion.

Accounts to follow, followed by Klaus Schwab account:
The "new social contract" will be sold via the global rebranding of capitalism. #StakeholderCapitalism is the branded concept of a capitalism w/ #Purpose.

"CEOs [] are rightfully concerned about the increasing fragility [] & the threat to capitalism..." #BRT #Imperative21
[Accounts appear in order chosen by account admin.]

5th & 6th accounts followed: #GlobalShapers & Young Global Leaders. Youth are a key target demographic, to be shaped/molded for #GreatReset. Jan 2021: Global Shapers opens 444th hub in Morocco #Africa:

northafricapost.com/46816-wefs-glo…
Read 23 tweets
"It’s not the millions of dollars that #Fortune500 companies are funneling into new diversity & inclusion efforts..."

"The millennials & the [Generation] Zers are one of the primary reasons that this moment is different..."

#NewPower #BLM #Purpose

weforum.org/agenda/2020/11…
"Race & The Corporate Power" w/ #Comcast #Apple #Walmart #NBA #Nike #BLM

#Purchasing acquiescence. Branding & marketing strategy for illusory #StakeholderCapitalism.

#GreatReset requires #SocialLicense

#WEF: "Focus on #Racism & Racial Injustice" platform

Articles:
2017: 1
2018: 0
2019: 1
2020: 50+

Under capitalism everything can be commodified - including human bodies, culture itself - & racial injustice. #GreatReset

weforum.org/focus/racism-a…
Read 5 tweets
Nov 20 2020, Fortune: "a year of lockdowns, isolation, & uncertainty have widened the wealth gap between America’s work-from-home managerial classes & its paycheck-to-paycheck frontline workers—w/ the two groups' well-being moving in opposite directions like the arms of a "K"."
"#Facebook, #Apple, #Amazon, #Microsoft, & #Google—have returned 52.5% year to date, compared with just 6.3% for the other 495 members of the S&P 500. Together, they now have a market cap of $7.2 trillion."

#GreatReset

fortune.com/2020/11/20/bes…
Oct 26 2020, Fortune: "Hunger & starvation have doubled during the COVID19 [] the pandemic could fuel a hunger pandemic as food insecurity worsens..."

Nov 14 2020: "...we are going to have famines of biblical proportions in 2021"

#StakeholderCapitalism

fortune.com/2020/10/26/cov…
Read 5 tweets
Being an entrepreneur is often depicted as "loving to live in an emotional roller coaster"...

Let's talk about the cost of it
& what the ones we love, wife, husband, kids, parents, ... endure
1/9
I keep thinking that I am an operator, a builder,
that I've always been building right,
and that every move I did had a sense! #vision
2/9
But, after 5months far from my wife, my kids,
so close to join them back to France,

I got notified today that it will be impossible for me to board next week without a 72h covid test
- while it requires at least 5 to 10days to get the results in the US atm. #CovidTesting
3/9
Read 9 tweets
Thread.

The sought future of "#healthcare" - "The #WEF, the int. org. for public-private cooperation, hosts the #PrivateSector Constituency of #UHC2030 & provides a platform for interaction for all UHC2030 partners & health systems networks."

#GreatReset #UBI #WorldBank #WHO
When universal basic income (#UBI) begins to be rolled out globally, expect #public #healthcare to disappear. Further, payments will be linked to benefits via the #blockchain - ensuring full spectrum #compliance & #servitude of whole societies.

#Covid19 as catalyst #greatreset
The UHC2030 hosted by the #WorldBank Group & the #WHO. "#UHC does not mean #healthcare is free. It means that personal (out-of-pocket) payments do not deter people from using services & that people are protected from "catastrophic #health expenditures"...

weforum.org/projects/uhc20…
Read 13 tweets
For a virus that presents "few to no symptoms" for the majority, "U.S. Orders Up to 600 Million Doses of #Pfizer, BioNTech Covid #Vaccine" (Bloomberg).

bloomberg.com/news/articles/…

So let's take a look at Pfizer.
"Pfizer is a publicly-traded global pharma corp.headquartered in NYC. Its revenues reached $52.5 billion in 2017. #Pfizer makes Advil, Xanax, #DepoProvera, Neosporin, #Lyrica & Dimetapp. Pfizer manufacturers more than 350 different pharmaceuticals & operates in 180 countries.
Pfizer's Lyrica, the new vallium, linked to depression, anxiety & suicide, now top pain medication on PBS. #Pregabalin #Addiction. Addicts of #hydromorphone (#Opioid) (Pfizer) have found a new addiction w/ #Lyrica. Capsules are opened, crushed & snorted.

thetimes.co.uk/article/drug-d…
Read 20 tweets
This is going to be a very important thread.

#WorldEconomicForum
#FourthIndustrialRevolution
#GretaThunberg
#SavingCapitalism with
#StakeholderCapitalism
#RedefiningCapitalism
#NewDealForNature

Let's start here, with this misleading article shared by the GT account.
To start. From the article:

"The theme of this year’s gathering in #Davos is “#stakeholders for a cohesive and sustainable world”. According to the forum’s website, leaders will meet to discuss ideas and improve our global progress on climate change."

theguardian.com/commentisfree/…
What is not shared is the primary focus:

"Focus of the meeting will be on renewing the concept of stakeholder #capitalism to overcome income inequality, societal division and the #climate crisis."

This #WEF release is new (Jan 14 2020) - but the focus & theme is not.
Read 28 tweets

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