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Getting climate, energy & environment news right.

Whole Foods CEO Rails Against Socialism, Says ‘Capitalism Is the Greatest Thing Humanity’s Ever Done’

Darragh Roche of Newsweek reports that Whole Foods’ CEO, John Mackey, believes that capitalism is humanity’s greatest invention.

The C3 Take
  • No other economic system in history has done more to bring people out of poverty than capitalism.
  • Capitalism is inherently good for the environment because it prioritizes innovation and efficiency.

“‘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.’”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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