The CEO of Whole Foods sees storm clouds ahead for America in a world where a new generation shuns work and Socialism is on the rise.
Whole Foods CEO John Mackey shared his thoughts in an interview with Reason editor Nick Gillespie. Mackey will be stepping down as CEO on Sept. 1.
âMy concern is that, I feel like, socialists are taking over,â he said. âTheyâre marching through the institutions.â
âTheyâre taking everything over; theyâre taking over education. It looks like theyâve taken over a lot of the corporations. It looks like theyâve taken over the military. And itâs just continuing,â he said.
Mackey said the changes are undermining much of what he values in America.
âYou know, Iâm a capitalist at heart, and I believe in liberty and capitalism. Those are my twin values. And I feel like, you know, with the way freedom of speech is today, the movement on gun control, a lot of the liberties that Iâve taken for granted most of my life, I think, are under threat,â he said.
During his interview, he said that COVID-19 lockdowns were âthe stupidest thing government will have done in the 21st Century.â
He said that benefits doled out during the pandemic made it harder to hire workers.
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âA lot of people were making as much money, or more money, not working at all. And so guess what? They chose not work, and theyâve been reluctant to come back to work. They got used to it,â he said.
âI donât understand the younger generation,â he said. âThey donât seem to want to work,â he said.
âThey only want to work if itâs really purposeful, and they feel aligned to,â he said, noting that major metro areas were having the hardest time getting workers.
âYou canât expect to start with meaningful work. Youâre gonna have to earn it over time,â he said.
âSome of the younger generation doesnât seem to be willing to pay that price, and I donât know why,â he said.
Mackey said last year that amid changing times, capitalism needs to evolve, according to Fox Business, in part to counter the anti-capitalism narrative pushed in colleges.
âOtherwise, the socialists are going to take over â thatâs how I see it, and thatâs the path of poverty. They talk about trickle-down wealth, but Socialism is trickle-up poverty. It just impoverishes everything. Thatâs my fear, that the Marxists and socialists, the academic community is generally hostile to business. It always has been. This is not new.â
âThatâs why weâre seeing this move toward Socialism â because capitalism they see as inherently corrupt,â Mackey said. âThat is wrong. Capitalism is the greatest thing humanityâs ever done. Weâve told a bad narrative, and weâve let the enemies of business and the enemies of capitalism put out a narrative about us thatâs wrong. Itâs inaccurate and doing tremendous damage to the minds of young people.â
Mackey said Socialism does not work.
âSocialism has been tried 42 times in the last 100 years, and 42 failures. It doesnât work. Itâs the wrong way,â he said. âWe have to keep capitalism. I would argue, we need conscious capitalism.â
This article appeared originally on The Western Journal.
