Dan Schawbel from Forbes Magazine interviewed John Mackey, the CoFounder of Whole Foods Market. Mr. Mackey speaks about the role of entrepreneurship and competition in creating value, innovation and adding prosperity in a capitalist society. He makes a clear stand for “Conscious Capitalism,” which calls for businesses rejecting uncompetitive, disloyal practices related to cronyism, while embracing a conscious responsible way of doing business.
“Free enterprise capitalism has been the most powerful creative system of social cooperation and human progress ever conceived, but its perception and its role in society have been distorted.”
“Operating under the conscious capitalism model will show that businesses are the true value creators that can push all of humanity upward for continuous improvement. Businesses around the globe need to steer capitalism away from today’s growing trend of cronyism, by embracing conscious capitalism.”
