Klaus Schwab Pushes ‘Stakeholder Capitalism’—Critics Warn It’s Communism in Disguise

Klaus Schwab, founder of the World Economic Forum:

"The future is what I call stakeholder capitalism, which is combined with social responsibility."

As explained in an article from the Washington Times, "stakeholder capitalism is communism in disguise".

"Under a WEF-imagined stakeholder system, banks wouldn't lend to businesses that don't comply with, say, climate change policies or, say, vaccination mandates. Investors wouldn't invest if the WEF didn't approve. Insurers wouldn't insure — governments wouldn't permit — developers wouldn't develop — builders wouldn't build — and so forth and so on. The government, through partners and friends in business, would be the behind-the-scenes' strings puller."