Capitalism’s newest spin. Stakeholder capitalism – that’s the way to ‘shape’ capitalism into something inclusive of all. That was the message of Klaus Schwab, the co-founder of the World Economics Forum (WEF), now in its 50th year with its annual jamboree in Davos, Switzerland. Schwab was professor of business policy at the University of Geneva from 1972 to 2002. Since 1979, he has published the Global Competitiveness Report, an annual report assessing the potential for increasing productivity and economic growth of countries around the world, written by a team of economists. During the earlier years of his career, he was on many company boards, such as Swatch Group, Daily Mail Group, and Vontobel Holdings.