In Defense of Capitalism

I saw John Mackey of Whole Foods speak at inc. Magazine’s GrowCo conference (highly recommended), and have read his book Conscious Capitalism since. In both, he began with the premise that capitalism is viewed negatively in the U.S., that companies are viewed as greedy and are a cause of social problems. He continues with a defense that shows that capitalism has raised the standard of living, increased life expectancy, and generally improved people’s lives. Please read the book for the details. I agree with all of this, which is not difficult as it is fact based. Continue reading