When you're trying to grow, and if you're in whole foods, had to take in cause i was, i didn't have any money. I gave stock away to non profits, to ex girl friends, to relatives. But i did not control whole food so if the board could get rid of me ifthe the company wasn't succeeding well, just because i i co founded it didn't give me a lock to be the ceo forever. And e the board ultimately chose me, but an ticket or story. It's not always fair in any kind of cosmic sense, but there's a rhyme and reason to it. The board was doing what they thought was best for the
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.