Summary of Klaus Schwab's Stakeholder Capitalism
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#1 The world is living a tale of two realities. On the one hand, we have never been as well off as we are today. We live in a time of relative peace and absolute wealth. On the other hand, our world and civil society are plagued by maddening inequality and dangerous unsustainability.
#2 After World War II, Germany was in shambles, and the country needed to start over. The other Axis powers, Italy and Japan, faced similar challenges. The post-war era depended on the choices made by Washington and Moscow.
#3 The United States tried to balance the needs of its economy with those of Europe’s, as it did not want to make the mistakes of the Treaty of Versailles. It helped rebuild European economies and promoted trade.
#4 The work of reconstruction required every resource to be deployed and every human effort to be mobilized. It was a task that the entire society took to heart.
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