German engineer and economist who founded the World Economic Forum in 1971 and has led it for over 50 years — promoting stakeholder capitalism and, more recently, the 'Great Reset' agenda.
Stakeholder capitalism framework: Schwab's intellectual contribution is the stakeholder capitalism model (companies should serve employees, communities, and the environment, not only shareholders) — an alternative to the Friedman doctrine. His books (The Fourth Industrial Revolution, Stakeholder Capitalism, Covid-19: The Great Reset) define the agenda of the global managerial class. As the convener of Davos for 50+ years, he has had more influence over the beliefs of the global elite than almost any other single individual.
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