Whole Foods co-founder John Mackey, who is worth $75 million, says that business is 'judged and attacked' by society. 'We are the real value creators in the world.'
Mackey is one of the people who took Whole Foods from a single grocery store in Austin, Texas, to an Amazon-owned chain with hundreds of locations. As of 2021, he was worth an estimated $75 million,But Mackey said during a presentation at the NEXT 2023 conference by Intralox in New Orleans last week that the public should give him and others in the business world more credit.
"I always felt that business is misunderstood by society," Mackey said during the presentation, according to industry publication"It's hated by the intellectuals, but we are the real value creators in the world." "We are the ones that are creating the prosperity that lifts everyone up," he added."We're not understood but judged and attacked." He did not cite specific examples of those judgments or attacks, according to Baking Business.
Mackey's comments are the latest iteration of the ex-CEO's philosophy, and one of his first appearances since stepping down as Whole Foods CEO last year. In 2013, he wrote a book titled"Conscious Capitalism: Liberating the Heroic Spirit of Business" with Babson College professor Raj Sisodia. The book, which argues that businesses should make decisions with input from stakeholders other than shareholders, also focuses on those who run businesses as society's most important figures."Entrepreneurs are the true heroes in a free-enterprise economy, driving progress in business, society, and the world," he wrote.
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