Whole Foods Exec Says Capitalism Under Attack

The author of a book about capitalism — who is also a Whole Foods Market executive — says business is under attack in the United States.

John Mackey, a co-chief executive for the high-end grocer, spoke to the Boston Chamber of Commerce last week, saying businesses are maligned, according to a Boston Globe business article.

“The latest Gallup poll shows big business enjoys only a 19 percent approval rating,” he told an audience at the Seaport World Trade Center. “Yet business is fundamentally good and has created more value in the world than any other institution.”

Mackey and Raj Sisodia are co-authors of the book “Conscious Capitalism: Liberating the Heroic Spirit of Business.” 

The book, $17.82 through Amazon, argues capitalism serves everyone involved in the exchange and the practice is inherently good and elevates mankind.

Whole Foods has 21 stores in Massachusetts, among them their Swampscott location on Paradise Road.

For more information about Mackey's book and the Conscious Capitalism organization read the Globe article at Boston.com