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Not buying Whole Foods chief’s defense of capitalism

John Mackey seems to be living in a different reality than those of us who have not been made excessively rich from the sale of organic produce (“Capitalism gets a bad rap, CEO says,” Business, Feb. 8). Last week, in front of the Greater Boston Chamber of Commerce, the co-chief executive of Whole Foods declared business unfairly under attack.

“Humanity has been lifted up by business and yet it has been completely hijacked by its enemies who create a narrative that business is selfish, and greedy, and exploitative,” Mackey said. There has been more than ample evidence over the last decade that significant sectors of American business have been all of those three things. I would add “criminal” and “unpatriotic” to that list.

Comments

I'm torn between wanting to bring Mackey's evil empire down, and waiting for the new Whole Foods on Beacon street to open in the old Johnnie's location.  If only WF didn't have such good stuff.  Drat.

Unfettered greed is ruining our nation.  Justifying it is losing Whole Foods some business.  Poetic justice...

There's a thread that has been going on about a week now attached to the original news story.  In a few words, unrestrained capitalism is causing more damage than doing any good. 

http://www.boston.com/businessupdates/2013/02/07/whole-foods-ceo-john-mackey-says-business-under-attack/1sIobevquL0Cj5CcL5Rv6K/story.html

 

This greedy, sanctimonious fraud. Lifting the lives of people, ha, while denying their needs for health insurance. Fighting affordable care for working people. Anyone who gives him a platform is no better than he. Go home and count your money. No more overpriced plums for me.

Let's see if I have this right.  Our ancestors ate nothing but organic foods and the life expectacy in the 1800's was around 58.  Today we eat chemically enriched foods and live 'til 80 or more.  Like Starbucks, Whole Foods was a business started up to cater to the yuppies and they prospered.  I can't stand Starbucks coffee and, if I want organic vegetables, I'll grow them myself.