Klaus Schwab's "stakeholder capitalism" is an attempt to wield "the powers of government the monopoly on the coercive use of force—in partnership with the corporate elite".

"If you look at Mussolini's quotes on what Fascism is, it's a merger of corporate power and state power, and that is what stakeholder capitalism will be... is sort of this fascistic rule by the corporate and government elites."

As explained by Seamus Bruner, author of 'Controligarchs: Exposing the Billionaire Class, their Secret Deals, and the Globalist Plot to Dominate Your Life'.