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Are Socialists Taking Over? Interview
With Whole Foods' John Mackey

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Posted By: GustoGrabber, 10/30/2022 12:23:26 PM

The co-founder and retired CEO of Whole Foods, John Mackey, built a grocery store empire by embracing what he calls "conscious capitalism"—a management style that focuses on the higher purpose of a business and how it creates value not just for shareholders but for customers, employees, and other "stakeholders." Mackey has appeared in Reason's pages many times, including a landmark 2005 debate with Nobel laureate Milton Friedman and Cypress Semiconductor founder T.J. Rodgers about the social responsibility of business. For more on the ways that debate has evolved, check out Samuel Gregg's "Rise of the Stakeholders"

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Reply 1 - Posted by: zephyrgirl 10/30/2022 12:40:53 PM (No. 1318935)
I'll bet he voted (D) for most of his life. Now when it is too late, he gets it.
7 people like this.

Reply 2 - Posted by: Scrubber 10/30/2022 12:44:08 PM (No. 1318938)
The only responsibility a business has is to earn a profit. Period.
15 people like this.

Reply 3 - Posted by: DVC 10/30/2022 12:47:18 PM (No. 1318940)
He's concerned that socialists are taking over. OK, remember that "all evil requires to win is for good men to do nothing". Sounds like he didn't do anything to slow or stop it.
11 people like this.

Reply 4 - Posted by: formerNYer 10/30/2022 1:26:54 PM (No. 1318965)
Leftists have been trying to cancel John MacKey for years, he's not a D'Rat.
7 people like this.

Reply 5 - Posted by: paral04 10/30/2022 3:43:47 PM (No. 1319051)
I though Bezos had purchased While Foods. Didn't make any difference though. They both think alike and act how the hell they want.
1 person likes this.

Reply 6 - Posted by: Kate318 10/30/2022 8:43:04 PM (No. 1319202)
Seems to me that charging $24 for a jar of raw honey is more in the interest of the shareholders than the customers, John.
0 people like this.

Reply 7 - Posted by: smcchk 10/30/2022 8:50:45 PM (No. 1319213)
Face it, socialism is the primrose path to h*$l. It sounds great to so many folks. Yeah, give me $$. Take it away from the rich. Let’s all be equal. The government will be fair. Trust the politicians. Capitalism and freedom take work! We are constantly fighting entropy (call it socialism), which people/systems fall into without energy and work. Sometimes I doubt we can win. The eternal struggle.
2 people like this.

Reply 8 - Posted by: MickTurn 10/30/2022 11:42:18 PM (No. 1319374)
Lets have a Real Circus...Socialist Run companies competing with Entrepreneurs! I'll give the Socialists no more than 6 months to go through all their cash paying themselves and by so doing kill the cash cow...the BUSINESS!
1 person likes this.

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Are Socialists Taking Over? Interview
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8 replies
Posted by GustoGrabber 10/30/2022 12:23:26 PM Post Reply
The co-founder and retired CEO of Whole Foods, John Mackey, built a grocery store empire by embracing what he calls "conscious capitalism"—a management style that focuses on the higher purpose of a business and how it creates value not just for shareholders but for customers, employees, and other "stakeholders." Mackey has appeared in Reason's pages many times, including a landmark 2005 debate with Nobel laureate Milton Friedman and Cypress Semiconductor founder T.J. Rodgers about the social responsibility of business. For more on the ways that debate has evolved, check out Samuel Gregg's "Rise of the Stakeholders"
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