What is the difference between stakeholder capitalism, shareholder capitalism and state capitalism?

What is the difference between stakeholder capitalism, shareholder capitalism and state capitalism?

Shareholder capitalism and state capitalism have been the prevailing economic systems, but stakeholder capitalism offers a new, better system.

Klaus Schwab explains the difference in this excerpt from the book Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet.

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The world currently knows two prevailing and competing economic systems: shareholder capitalism, which is dominant in many Western economies, and state capitalism, which is prominent in many emerging markets.

Both systems have led to tremendous economic progress over the past few decades. They left us with a world that is more prosperous than ever before. But each has equally brought about major social, economic, and environmental downsides. They led to rising inequalities of income, wealth, and opportunity; increased tensions between the haves and the have-nots; and above all, a mass degradation of the environment.

Given the shortcomings of both of these systems, we believe we need a new, better global system: stakeholder capitalism. In this system, the interests of all stakeholders in the economy and society are taken on board, companies optimize for more than just short-term profits, and governments are the guardians of equality of opportunity, a level-playing field