The living wage argument to be an ever increasing one, no matter how much you pay whole foods av. If everybody was paid a thousand dollars an hour, michael says, we'd have this incredibly wealthy society. But that's just not the way it works and government can't change that by passing laws. You cannot repeal economic reality because you don't like the way the economic pie is being shared through market processes.
John Mackey says the treatment for the cancer of crony capitalism is conscious capitalism, grounded “in an ethical system based on value creation for all stakeholders,” which includes not just owners, but employees, customers, the community, the environment, and even competitors, activists, critics, unions, and the media. Mackey cites Google and Southwest Airlines as role models, and pharmaceutical companies and financial corporations as anti-role models. In a surprise pivot, Mackey lays the blame for the myth of the profit motive as the only measure of value at the feet of capitalists themselves. Mackey’s goal is to write a new narrative for capitalism that asks us to care about customers and human beings instead of data points on a spreadsheet.