Whole Foods CEO: Defender of Capitalism

Whole-FoodsI had heard that Whole Foods Market, the high end organic and natural grocer, was run by a supporter and donor of the Democrat Party. However, lately, I’ve read that John Mackey, co-founder and co-CEO Whole Foods Markets, has been quite vocal in his criticism of Obama’s policies.

In an article posted at the National Review, John Fund reports John Mackey angered liberals last month by telling an NPR interviewer that Obamacare was “technically speaking” a form of fascism. “Socialism is where the government owns the means of production,” he explained. “In fascism, the government doesn’t own the means of production, but they do control it — and that’s what’s happening with our health-care programs and these reforms.”

In his new book that he co-authored entitled “Conscious Capitalism: Liberating the Heroic Spirit of Business”, Mackey argues that business and government are the greatest creators of value in the world. Whole Foods Market describes the book as a “new blueprint for capitalism explaining that business is inherently good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity” in its January 15th press release.

According to Red Alert Politics, Mackey expressed concern over capitalism’s “branding problem,” and maintained that “self-interest” alone is an insufficient moral foundation for the system. said that capitalism has a “branding problem” this weekend in a keynot address at the International Students for Liberty Conference this past weekend.

In his speech, Mackey pointed out that the recent recession was “blamed on greedy financial corporations, deregulation, and capitalism—market failures—rather than on bad government regulations and monetary policies—government failures.” This misconception, Mackey believes, will not be addressed by the media and educators. Mackey attributes this inllectuals and elites long held hatred for the ‘less intelligent business people’ who earn more money and higher status in a capitalistic society.

Mackey proceeded to explain how to counter this distortion of reality and how to ensure that the public supports capitalism. Rather than solely relying on Adam Smith’s “Invisible Hand” theory, which Mackey believes concedes the moral high ground, free market proponents must defend capitalism in a more articulate manner. As Mackey states, “Business is good because it creates value for many. It is ethical because it is based on voluntary exchange.”

As the operatives of the democrat party spent the last campaign season demonizing profit making, capitalists and the “one percent”, Mackey’s pro-capitalism message must be making Whole Foods’  liberal clientele choke on their arugula.



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