Whole Foods co-founder and CEO John Mackey fears socialism is on the rise in the US
“My concern is that I feel like the socialists are taking over,” Mackey, who will retire from the Amazon-owned grocery chain at the end of the month after 44 years with the company, said in a podcast this week with Reason magazine. . “They march through the institutions.”
Socialists “have taken over education. They seem to have taken over a lot of corporations. They seem to have taken over the military. And it just keeps going, so I’m very worried,” he added.
Mackey, who champions the idea of ”conscious capitalism” — which he describes as a management philosophy focused on ethical ways of doing business — also questioned the work ethic of younger Americans.
“I feel like I’ve become my father. I don’t understand the younger generation; they don’t seem to want to work,” Mackey, 68, told Reason, saying the enhanced unemployment benefits offered in people who lost their jobs. during the COVID-19[feminine] The pandemic had made it difficult for Whole Foods to find workers.
Non-federal unemployment assistance ended in September 2021.
Amazon bought Whole Foods in 2017 for $13.7 billion.
After his career at Whole Foods ends, Mackey plans to launch a chain of plant-based restaurants, along with medical wellness centers, according to Bloomberg.
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