Whole Foods Founder: ‘The Whole World Is Getting Fat’ [The New York Times]
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Source: The New York Times
For the better part of the past decade, the Whole Foods founder John Mackey, a libertarian and health food enthusiast, has been preaching the redemptive power of what he calls “conscious capitalism.” As he tells it, when businesses find their true purpose and serve not just investors, but all shareholders, everyone wins.That enlightened perspective has not spared Mr. Mackey from the rough-and-tumble realities of capitalism in the 21st century. Three years ago, the activist hedge fund Jana Partnerstook a stakeMr. Mackey was blunt in his assessment of Jana. (“They’re greedy bastards,”he saidsold to AmazonMr. Mackey contends that under Amazon’s ownership, Whole Foods hasn’t lost its soul. The company is more tech savvy and more data driven, yes, but still Whole Foods.Still, with its high-minded founder and the resources of one of the world’s most valuable companies behind it, Whole Foods is constantly under a microscope. The company hasdrawn fire for its treatment of workersThis intervie
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