Prof. Klaus Schwab promoted a frame called „stakeholder capitalism“. His interpretation of this form of economy as well as the phrase itself was widely discussed. The Davos participants are criticized for their raider behaviour, draining the resources of the planet, causing climate change. Such the new Davos Manifesto is a step into the right direction and we would like to interpret what we have watched during the meeting. The principal assumption of the stakeholder economy is, that every company that wants to prosper over time, must not only deliver...