Michael Schellenberger

Rank 41 of 47

Score -109

-3

For decades, the World Economic Forum (WEF), which gathers this week in Davos, Switzerland, has advocated for “stakeholder capitalism.” In practice, stakeholder capitalism meant NGOs like WEF working with the world’s largest corporations and governments to change laws across the

1/19/2026, 9:06:02 PM

In reply to:

Michael Shellenberger

@shellenberger

The WEF, which meets in Davos this week, said "stakeholder capitalism" would benefit consumers. Instead, it raised prices, indebted the US, and deindustrialized Europe. The idea rested upon the Big Lie that problems of corruption were a result of capitalism, says @desireefixler.

The statement critiques the World Economic Forum's advocacy for stakeholder capitalism, suggesting it has led to negative economic outcomes. It implies that the WEF's actions have been misleading and harmful, aligning with a critical tone.

Principle 1:
I will strive to do no harm with my words and actions.
The statement suggests harm caused by WEF's policies, potentially violating the principle of doing no harm. [-1]
Principle 3:
I will use my words and actions to promote understanding, empathy, and compassion.
The statement does not promote understanding or empathy, focusing instead on criticism. [-1]
Principle 4:
I will engage in constructive criticism and dialogue with those in disagreement and will not engage in personal attacks or ad hominem arguments.
The statement engages in criticism but lacks constructive dialogue, focusing on negative outcomes without offering solutions. [-1]