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Salesforce.Com Inc in WEF 2021 - Panel Discussion "Implementing Stakeholder Capitalism" Transcript

Jan 26, 2021 / 04:15PM GMT
Gillian R. Tett

Well, good morning, good afternoon, good evening, good night, everybody who's watching wherever in the world you are. Welcome to the World Economic Forum session on Implementing Stakeholder Capitalism.

As you can tell, this is an unusual, novel, experimental year, we're talking to you by video. We're not slushing around the snow in Davos or eating bad canapes. And that has some disadvantages and also advantages because I understand that there are more people than ever around the world watching. And you're going to get a chance to ask any questions you want, which I will try to incorporate as we go along by using the chat function on the screen and the other channels you've been told about.

Now this, as I said, in many ways, is a remarkable year, but it's worth going back for a second and remembering that 70 years ago, when Professor Schwab first founded the World Economic Forum, he talked a lot about stakeholder capitalism. And that concept was briefly fashionable and then went completely out of fashion for about 4 decades when the ideas of Milton Friedman and shareholder

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