While insisting that capitalism can remain socially conscious and serve all stakeholders, Mackey has been an outspoken critic of socialism for well over a decade, as evidenced by his 2009 comments during the Obama administration, although he has publicly admitted regretting some of his statements. He’s also a part of the so-called Conscious Capitalism movement, a group that believes business is a social good and that should purposely lead with a higher cause or mission in mind. Years ago, Mackey actually went on the record in favor of values-based leadership, writing a book on the subject. In contrast, Mackey says, he “couldn’t wait to work” and be able to earn money. “I feel like I’ve become my father: I don’t understand the younger generation,” he says. Mackey even admitted in the Reason podcast that while he used to say his dad didn’t understand his generation, he now finds the shoe on the other foot. Younger generations have often been seen as more relaxed or lazy by older workers just look to Gen X’s trajectory. A job that accords with an employee’s values and interests seems far less important to other generations, clocking in at only 59% of millennials, 49% of Gen Z, and 47% of baby boomers. A whopping 80% of Gen Zers want to work for an employer that lines up with what they believe in, according to a Linkedin survey. The idea that your workplace should be aligned with your personal, private values has gained popularity of late, especially with younger employees. Since the oldest members of Gen Z entered the workforce, they’ve become known for not exactly enjoying work, as movements such as #antiwork have arisen, born out of the idea that one’s identity starts outside the place of employment. He adds that there’s a price you have to pay to get to meaningful work and some younger generations aren’t willing to make that sacrifice. You’re going to have to earn it over time.” “You can’t expect to start with meaningful work. “Younger people aren’t quick to work because they want meaningful work,” was Mackey’s diagnosis of the problem, referring to the well-known importance to Gen Z of finding work with some kind of social significance.
“They don’t seem like they want to work,” Mackey told Reason about younger generations in the workplace. Mackey stated last year that he’ll retire this coming September, and he told Reason that he’s “muzzled myself ever since 2009,” seeming to refer to a Wall Street Journal op-ed from that year in which he compared the Affordable Care Act to fascism.Īnd it’s not just the socialists irking Mackey it’s also the kids these days. It looks like they’ve taken over the military, and it’s just continuing.” It looks like they’ve taken over a lot of corporations. “They’re marching through the institutions. “Socialists are taking over,” he said on the podcast.
As a longtime fan of capitalism, he continued his crusade against socialism in the latest podcast from Reason, the long-running libertarian magazine. What he doesn’t like as much: processed and frozen foods, unions, and being silenced.Īn Ayn Rand lover who once cut his own salary to $1, Mackey’s dichotomy earned him the title of a “right-wing hippie” in a 2010 New Yorker profile. What Mackey likes: a vegan diet and free-market and libertarian ideals. Whole Foods cofounder John Mackey has a history of complex views that he’s shared over time.
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