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Politics Whole Foods CEO Says Socialism 'Has Been Tried 42 Times… 42 Failures,' Calls Capitalism 'Greatest Thing Humanity's Ever Done'

15:41  28 november  2020
15:41  28 november  2020 Source:   newsweek.com

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" Socialism has been tried 42 times in the last 100 years, and 42 failures , it doesn't work, it' s the wrong way. We have to keep capitalism , I would He pointed out that Whole Foods currently has 100,000 employees. Mackey urged business leaders to do a better job explaining the successes of

Whole Foods founder and CEO John Mackey told the American Enterprise Institute in a livestreamed interview on Tuesday that socialism is a failed Mackey, who co-authored the book “Conscious Capitalism ,” said that “ socialism has been tried 42 times in the last 100 years, and 42 failures .

Whole Foods founder and CEO John Mackey said on Friday that capitalism is humanity's greatest invention and doesn't deserve the criticism it receives. He also went on the attack against socialism.

John Mackey wearing a neck tie: Co-CEO of Whole Foods Market John Mackey speaks onstage at Conscious Capitalism: Liberating The Heroic Spirit Of Business during the 2013 SXSW Music, Film + Interactive Festival at Austin Convention Center on March 10, 2013 in Austin, Texas. Mackey has strongly criticized socialism. © Dustin Finkelstein/Getty Images for SXSW Co-CEO of Whole Foods Market John Mackey speaks onstage at Conscious Capitalism: Liberating The Heroic Spirit Of Business during the 2013 SXSW Music, Film + Interactive Festival at Austin Convention Center on March 10, 2013 in Austin, Texas. Mackey has strongly criticized socialism.

Mackey was speaking to the market-oriented American Enterprise Institute about his new book Conscious Leadership: Elevating Humanity Through Business. In a video shared by Just the News, the CEO said socialism had consistently failed.

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"Intellectuals have always disdained commerce," says Whole Foods Market co-founder John Mackey. Because of Whole Foods ' educated customer base and because Mackey is himself a vegan and a champion of collaboration between management and workers, it' s easy to mistake him

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He said capitalism will "be attacked for its motivations because its motivations are seen as somehow impure. Yes, of course, business has to make money. If a business doesn't make money, it will fail, but that doesn't mean that its purpose is to make money."

Mackey, who is worth an estimated $75 million, blamed colleges and progressives for encouraging disquiet about capitalism.

"That's why we're seeing this move towards socialism because capitalism they see as inherently corrupt," Mackey said.

"That is wrong. Capitalism is the greatest thing humanity's ever done. We told a bad narrative, and we've let the enemies of business and the enemies of capitalism put out a narrative about us that's wrong. It's inaccurate."

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Social policy and socialism are two very different things . Great - good for you. Force people to give the government the product of their labour to divvy out as they see fit with threats Under capitalism we are already having our income taxed involuntarily under the threat of imprisonment, but all we get

They were both great football fans and decided to introduce this game to the workers of the factory. This resulted in the first professional football team in Russia 'Doctor Who' is a British science-fiction TV series that follows the adventures of a time -traveling alien, called the Doctor, and his human

"Socialism has been tried 42 times in the last 100 years and 42 failures, it doesn't work the wrong way. We have to keep capitalism, I would argue, we need conscious capitalism," he went on.

It's not exactly clear what attempts at socialism Mackey was referring to. Several countries that adopted authoritarian Communism are now free-market economies, including states of the former Soviet Union.

Mackey expanded on the concept of "conscious capitalism," again suggesting that the business has a purpose beyond merely turning a profit.

"Business is really about creating value for other people," Mackey said. "That's why it exists. That's why it exists to create value for other people. And if it does a good job of creating good value in products and services that its customers want, then the business will flourish, and it'll make money."

"We have to recognize that some progressive insights are important," he said, adding: "We can't throw out capitalism and replace it with socialism," calling the scenario a disaster."

Democrats fell into the language trap — again

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Capitalism is a system that doesn't have any answers. IT Does not seek to impose answers to the question which Jacobin. >> What capitalism is a an economic system fundamentally. My colleague said capitalism doesn't have

And the fact is capitalism is not designed to optimize our well- being . It' s designed to optimize for Andrew Yang: It is doing what it' s designed to do . You would consider it moral if you cared more John Harwood: Where does it fit in the moral equation that the modern version of capitalism has

Just the News, which published the video of Mackey's comments, was set up by former columnist for The Hill John Solomon, who left the newspaper after a review of 14 of his opinion pieces on former Vice President Joe Biden and Ukraine found multiple flaws.

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Cuban Americans in Florida shift deeper red in wake of Biden victory .
MIAMI — The politics of Miami’s Cuban American population, at times, have as many shades as the coffee with milk they order at the city’s many coffee windows. But the victory of Joe Biden has turned the group more solidly red, experts and voters say. © Provided by Washington Examiner “It's terrible what happened,” said Cuban American Eva Vega, 51, in a Spanish-language interview with the Washington Examiner outside a La Carreta coffee window on a recent muggy Miami morning. “I don’t like the socialist ideas of Biden and Kamala,” Vega said about Biden, the president-elect and Vice President-elect Kamala Harris.

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