Whole Foods founder and CEO John Mackey just humiliated the left by arguing that capitalism is a good thing and that socialism is a failed system that “impoverishes everything.”
“We have to recognize that a lot of — some of the progressive insights are important and they shouldn’t go away, but we can’t throw out capitalism and replace it with socialism, that will be a disaster,” Mackey said.
“Socialism has been tried 42 times in the last 100 years, and 42 failures, it doesn’t work, it’s the wrong way,” he added. “We have to keep capitalism. I would argue, we need conscious capitalism.
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