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Whole Foods CEO: Capitalism is amazing

August 22, 2012
Wilson

Writer

Whole Foods is a company Glenn loves to hate. He has a great deal of respect for CEO, John Mackey, but he doesn’t love the $1,400 they seemingly charge for a glass of milk. Mackey is inherently libertarian, though his views sometimes stray towards over-regulation when it comes to issues like organic food laws and providing comfortable transportation for live lobsters (?!) on their way to various Whole Foods outposts. Regardless, one thing is for certain, Mackey understands capitalism, and he eloquently expressed his views on the free market system in a recent interview.

“Very smart guy,” Glenn said about Mackey on this morning’s radio program. “You know what I love about libertarians? We don't agree on everything, but capitalism is the way to go.”

MACKEY: Whole Foods is very frequently criticized, most recently in the New York Times, for being a – you know, one of the big corporations that is corrupting organic. And just because we're large, a lot of suspicion and mistrust just because there's such an anti-corporation mentality by a lot of people in the country.

His remark touches on the growing problem in this country – people are being told not to trust corporations because they are painted as large, scary, greedy, selfish, exploitative, sociopaths that care about nothing but turning a profit. This is simply not true, and Mackey continued his defense of the free markets by talking about the ‘good’ corporations do.

MACKEY: Well, capitalism of course itself has been amazing. It's been – our first chapter in our book is extraordinary success, or capitalism. The second chapter is why isn't capitalism better loved? And we put forth the thesis that we need a new narrative for it. We need to think about business differently, that business has the possibility to have a higher purpose besides just making money. There's nothing wrong with making money, but that's not particularly inspiring. And every other profession in the world, from doctors, teachers, engineers, architects, lawyers, if you ask what their purpose is, and it refers back to some type of contribution they are making to other people. And business is the greatest value creator in the world. Business creates value for its customers, for its employees, for its suppliers, for its investors, for the larger communities it's part of. They're the value creators. We are the value creators. We're the heroes. And yet that's not the narrative that's told about business. So we're telling that narrative, and at the same time we're challenging business to be more conscious and to take their value creation to a higher level and understanding that all of these stakeholders they're creating value for are connected together and so you ought to strategically organize your business in such a way that you can optimize value for all of those stakeholders.

“That's amazing,” Glenn said. “That's exactly the way people should be running their companies.”

Agree or disagree with Mackey politically, his commentary is spot on. “He's right about capitalism,” Glenn continued. “And yet, because of politics, they will take him down. People will go and they will demonize him, and they'll make his job harder.”

Ultimately, capitalism is what creates the wealth and prosperity that allows people to live good and productive lives. It employees people and creates a profit, while providing services for the public. “The best thing you'll ever do to help people is this company and running it well and turning a profit,” Stu said to Glenn. “That helps all the employees who work here. All those people go and spend their money in the economy. They essentially, in effect, employ other people with that money. This is, what you – I mean, charities are fantastic and obviously they're very much needed, but capitalism is really what brings prosperity and wealth."

Unfortunately, with the current narrative painted so solidly anti-corporation, it won’t be easy to convince people of the good that can come from big business and free market principles.

“They just don't see it,” Glenn concluded. “They don't see how you can be a corporation and be good.”

Is Trump repealing the 14th Amendment? Here's the truth.

NBC / Contributor | Getty Images

Did Trump really promise to put an end to the 14th Amendment, or is this just another mainstream spin?

This past weekend, President-elect Donald Trump sat down on NBC's "Meet the Press" for his first interview since the election. As one might expect, it was a particularly hostile interview, but Trump handled it with grace. The biggest takeaway from the interview was when the interviewer, Kristen Welker, pressed Trump on his immigration plans, specifically his plans to end birthright citizenship.

Despite Walker's claim that the 14th Amendment protected birthright citizenship, Trump defended his stance with the backing of legal scholars, who argue that birthright citizenship has to be granted within the proper "jurisdictional scope." As Glenn reiterated on his show this week, the 14th Amendment was enacted in the context of slavery "not illegal immigration. The 14th Amendment doesn't say, "Come over here, get into a hospital, have a baby, and congratulations, everybody is a citizen."

The media still pushed the narrative that Trump is trying to overstep the 14th Amendment.

But what is the truth? What is birthright citizenship, and what does the 14th Amendment actually say about it? Here is everything you need to know about the "birthright citizenship debacle" below:

The media outrage

NBC / Contributor | Getty Images

If you have glanced through any mainstream media articles, they would convince you that Trump will repeal the 14th Amendment altogether and catapult the country back 200 years before slavery was abolished when Congress passed the Constitutional Amendment. But how do these accusations stack up to reality?

What the 14th amendment actually says

NBC / Contributor | Getty Images

To get to the bottom of this, we have to understand what the 14th Amendment actually says and the context in which it was created.

During Trump's NBC interview, Welker "quoted" the 14th Amendment as "all persons born in the United States are citizens," but anyone who took a government class in high school can tell you that is wrong. The actual14th Amendment says:

"All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside."

Notice that Welker conveniently left out "subject to the jurisdiction thereof." This was no simple oversight.

First, let's define what birthright citizenship actually is and how it relates to the 14th Amendment. Birthright citizenship is an interpretation of the previously quoted section of the 14th Amendment: that by simply being born on U.S. soil, you are automatically granted U.S. citizenship. This has been the historic interpretation of the amendment. However, the border crisis has been incentivized by an abuse of birthright citizenship, which is colloquially called "anchor babies." This refers to when a pregnant woman crosses the border, gives birth, and is granted residency since her child is automatically given U.S. citizenship.

However, Trump says the clause "subject to the jurisdiction thereof" could enable the federal government to crack down on this abuse of birthright citizenship. If a person is here illegally, then they are not under the jurisdiction of the U.S., and therefore, their child would not be given automatic citizenship. This would not apply to legal immigrants who have secured citizenship, despite any claims to the contrary.

What Trump actually said

NBC / Contributor | Getty Images

When questioned about the constitutionality of ending birthright citizenship and the possibility of using executive orders to get around the 14th Amendment, Trump's first suggestion was to pose a potential amendment to the 14th Amendment as a national vote. When Welker pushed back, Trump stressed the importance of ending birthright citizenship and conceded that, if necessary, he would use an executive order.

As usual, the mainstream media has spun a mountain out of a molehill and blown the entire issue out of proportion. They have spun Trump's reasonable and legal proposition into a dictatorial decree that would send the country back 200 years.

Glenn's ULTIMATE Trump cabinet tracker

Anna Moneymaker / Staff | Getty Images

The Trump transition team is working overtime preparing to hit the ground running in January.

The President-elect has been busy hand-picking the members that will make up his cabinet, as these are the people who will be his closest advisors and most powerful bureaucrats during the next four years. Glenn recently got a panel together to discuss Trump's picks, and one thing was clear: Trump has some serious star power on his side. But unfortunately, becoming a member of the presidential cabinet is not as simple as being picked by the POTUS. The Senate still needs to sign off on every pick.

To keep track of this chaotic confirmation process, we have created the ULTIMATE confirmation tracker for the 15 positions in Trump's cabinet. So make sure to check back regularly to keep updated on the latest developments in Trump's inner circle:

Secretary of Agriculture

Tom Williams / Contributor | Getty Images

Trump's pick for Secretary of Agriculture is Brooke Rollins, a former White House aide and Texas A&M graduate. If confirmed, Rollins would lead the Department of Agriculture, which is tasked with serving the needs of America's farmers and ranchers, promoting agricultural trade, and protecting forests and other natural resources.

Rollins served as Trump's director of the Domestic Policy Council during his first term and has received much praise from the president-elect. Rollins says she can tackle the many issues plaguing the agricultural sector, touting her small-town, Texas agriculture roots.

Secretary of Commerce

ANGELA WEISS / Contributor | Getty Images


Trump tapped Howard Lutnick, the CEO of Cantor Fitzgerald as his pick for Secretary of Commerce, which would head the Department of Commerce responsible for aiding the creation of economic growth and opportunity conditions. Lutnick narrowly beat Linda McMahon and Robert Lighthizer, the other likely candidates for the job. Lutnick, who has served as the co-chair of Trump’s presidential transition team since August, will be responsible for spearheading Trump's tariff agenda, which has drummed up much hype and speculation over the last several weeks.

Secretary of Defense

John Lamparski / Contributor | Getty Images

Pete Hegseth's nomination to head the Department of Defense Army has caused a flurry among Pentagon officials and Congressmembers alike. A former National Guard major and Fox News host, Hegseth has drawn praise from some on the right over his plans to "de-wokeify" the military. Others question if he has the command experience to take charge of the world's most powerful military. These concerns, along with allegations relating to his personal life, leave many questioning whether Hegsteh has enough support to be confirmed.

Secretary of Education

Bloomberg / Contributor | Getty Images

Trump named Linda McMahon, the co-chair of his transition team and former World Wrestling Entertainment executive, as his Secretary of Education. McMahon served as Trump's Small Business Administration administrator during his first term and is currently the board chair of the America First Policy Institute, which has been described as a "White House in Waiting." McMahon would be tasked with overseeing Trump's campaign promise to significantly downsize the Department of Education and return many of its powers to the states.

Secretary of Energy

Andy Cross / Contributor | Getty Images

Trump picked Chris Wright, an oil and gas CEO, as his Secretary of Energy. Wright is an advocate for fossil fuels, having founded Liberty Energy, an oilfield service firm in Denver, Colorado. Wright is opposed to the global warming alarmists and views fossil fuels as a means of providing cheap, reliable energy that can raise people from poverty.

Secretary of Health and Human Services

Michael M. Santiago / Staff | Getty Images

The Department of Health and Human Services is in charge of protecting the health of Americans, a task that spans from food safety to disease outbreaks. Organizations that fall under the HHS's umbrella include the NIH, FDA, and CDC.

Trump has tapped RKF Jr. to be his Secretary of Health and Human Services. Kennedy Jr. has infused Trump's entire campaign with a raised awareness of the failing health of many Americans and the systemic incompetency of the federal agencies tasked with protecting them. RFK Jr. has made it his mission to "Make America Healthy Again," a task that requires a fundamental shake-up of American food and medicine. This sort of approach has left many skeptics concerned that Kennedy Jr. will go too far too fast, leaving many to question if he has the support to be confirmed by the Senate.

Secretary of Homeland Security

JIM WATSON / Contributor | Getty Images

Trump tapped South Dakota Governor Kristi Noem to be his Secretary of Homeland Security. Noem has been a strong advocate for a secure border, which seems to be her primary area of concern. Along with Trump's new "Border Czar," Tom Homan, Noem is expected to come down hard on the southern border. The Department of Homeland Security has a broad assignment that includes protecting Americans and critical American infrastructure from foreign and domestic threats, protecting our borders, responding to natural disasters, and more.

Secretary of Housing and Urban Development

Chip Somodevilla / Staff | Getty Images

Trump picked former NFL player turned politician Scott Turner as Secretary of Housing and Urban Development, an office responsible for policies and programs that address housing needs, promote community development, and enforce housing laws. Turner worked under Republican Congressman Duncan Hunter before being elected to the Texas House in 2013, and he also ran Trump's White House Opportunity and Revitalization Council during his first term.

Secretary of the Interior

Steven Ferdman / Contributor | Getty Images

Trump's pick for the Secretary of the Interior is North Dakota Governor, Doug Burgum. The Department of the Interior is America's primary conservation agency, protecting America's natural resources and managing the National Parks. Gov. Burgum has tremendous experience managing North Dakota's oil-rich reserves and Native American populations, both key aspects of The Department of the Interior. Burgam is also known for his harsh criticism of federal oversight and is expected to aid Trump in slashing regulations.

Attorney General

Andrew Harnik / Staff | Getty Images


Trump tapped Pam Bondi to lead his Department of Justice as the Attorney General of the United States. This comes after his first pick, Matt Gaetz, withdrew his name after facing an upstream confirmation battle due to a flurry of allegations. Bondi has a long track record as a prosecutor and a former attorney general in Florida and worked with Trump's team of defense lawyers fighting back against the impeachment charges levied against him. As Attorney General, if confirmed, Boni will play a key role in Trump's campaign promise to crack down on systemic corruption in the federal bureaucracy.

Secretary of Labor

Bill Clark / Contributor | Getty Images


Trump named Republican Representative Lori Chavez-DeRemer as his Secretary of Labor. Despite being a Republican, Chaves-DeRemer's pro-union stance has many conservatives on high alert. If confirmed, Chavez-DeRemer will oversee federal programs aimed at protecting and bolstering the American workforce.

Secretary of State

Chip Somodevilla / Staff | Getty Images

Trump picked Florida Senator Marco Rubio as his Secretary of State. Rubio, who famously ran against Trump in the 2016 Republican primaries, has been a longtime spokesperson about the threats posed by foreign adversaries, predominantly China.

Secretary of Transportation

Mark Wilson / Staff | Getty Images

Trump named former Wisconsin representative Sean Duffy as his next Secretary of Transportation. Both Rep. Duffy and his wife Rachel Campos-Duffy are hosts on Fox. A staunch pro-Trump advocate, Duffy will take over the Department of Transportation in the aftermath of Pete Buttiegeg's biggest failures during his term, such as his response—or lack thereof—to the East Palestine train derailment, in-flight incidents on Boeing aircraft, and much more. Moreover, traffic deaths and accidents are high, and the introduction of new technologies like self-driving cars and the increase of electric vehicles poses never-before-seen challenges Duffy will have to tackle.

Secretary of the Treasury

DOMINIC GWINN / Contributor | Getty Images

Trump tapped billionaire Scott Bessent to be his Secretary of the Treasury. Scott will face tremendous challenges coming into office, as he will oversee the massive tax cuts promised by Trump and his team. He will also advise the president on how to implement the tariffs against Canada, Mexico, and China that Trump has promised in recent weeks.

Secretary of Veterans Affairs

Alex Wong / Staff | Getty Images

Former congressman Doug Collins was tapped to lead Trump's Department of Veterans Affairs, which is responsible for taking care of our veterans and their families. This includes offering benefits such as pensions, education, disability compensation, loans, and much more. Collins is a veteran himself who served in Iraq and is still an Air Force Reserve chaplain, which gives him valuable insight into the needs of veterans.

Trump's TOP FIVE accomplishments BEFORE taking office

Win McNamee / Staff | Getty Images

Donald Trump hasn't even begun his second term, and he is already making major moves that eclipse the Biden administration. Here are Trump's top FIVE most impressive feats that he has achieved before taking office:

Stock market surge

Roberto Machado Noa / Contributor | Getty Images

Immediately after the election, all major indexes skyrocketed. Trump's election bolstered confidence in the long-term stability of the U.S. economy. Just a few days after November 5th, Glenn had financial expert Carol Roth on his show to discuss what this actually means for America, and long story short, the forecast was very optimistic. America has another chance at a golden era, especially for small businesses.

Bitcoin boom

Bitcoin experienced its own surge in the immediate aftermath of Trump's re-election, breaching the $100,000 valuation for the first time in the digital currency's history and doubling in value from the beginning of the year. The rise is attributed to Trump's favorable stance towards cryptocurrencies and strong opposition to the idea of a "Fed Coin," a cryptocurrency made by the Federal Reserve. This ensures people can purchase Bitcoin and other cryptos without the government swooping in and shutting it down.

Media comes to heel

Paula Lobo / Contributor | Getty Images

In a shocking twist of events, even some of the mainstream media pivoted, agreeing to meet with President Trump and making future plans for cooperation with the President.

Just a few weeks after Trump's historic victory, Joe Scarborough and Mika Brzezinski, the hosts of MSNBC’s “Morning Joe,” made a trip to Mar-a-Lago to make peace with the president-elect. This comes after years of the duo bashing Trump as a dictator and a fascist.

Naturally, the dramatic shift was met with whiplash from "Morning Joe's" viewer base, and the couple lost half of their audience within a week. Either Scarborough and Brzezinski were lying about Trump, or they decided to bend the knee to "literally Hitler." Either way, their credibility pretty much went out the window.

Dealings with Trudeau

ANDREJ IVANOV / Contributor | Getty Images

Last week, Trump announced that he would impose a massive 25 percent tariff on all goods from Canada and Mexico unless they agree to crack down on their contribution to the migrant and fentanyl crisis plaguing the U.S. This grabbed the attention of Canadian Prime Minister Trudeau, as 75 percent of Canadian exports go to the U.S. Trudeau made an unplanned visit to Mar-a-Lago to discuss this proposed tariff. Later Trudeau commented that he had "an excellent conversation" with Trump.

Defeated phony charges

Jeff J Mitchell / Staff | Getty Images

After his re-election, all of the federal criminal charges remaining against Trump were dropped, concluding the years of assault from the Biden Department of Justice. This is due to the Department of Justice's longstanding precedent of not prosecuting a sitting president.

The LIES Joe Biden, the White House, and the media made about Hunter's pardon will disgust you

Tom Williams / Contributor | Getty Images

President Joe Biden gave his son, Hunter, a sweeping presidential pardon that erased the past ten years of his criminal record.

Despite President Biden's repeated promise that he would not pardon his son, Glenn saw right through the charade. Glenn predicted Biden had always intended to pardon Hunter, waiting until after the election to avoid damaging Harris's presidential campaign despite White House Press Secretary Karine Jean-Pierre and the entire corporate media establishment reiterating Biden's insistence that he would not pardon his son.

Here are three glaring examples of Biden and the media lying about the president's intentions to pardon Hunter:

President Biden claims he "ruled out" the possibility of pardoning Hunter. 

@independent Joe Biden has issued a pardon for his son Hunter following his conviction on federal gun charges, despite previously claiming he would not do so. The president officially announced the decision on Sunday (1 December) saying that his son had been “selectively, and unfairly, prosecuted” by the Justice Department. In a statement, he said he hoped the American people would understand his decision as a father. The sudden announcement was a full reversal of the stance he took six months ago when he announced publicly he would not pardon Hunter, should he be convicted. #hunter #biden ♬ original sound - Independent

This video shows several times in which Biden publically insisted that he would not pardon Hunter. This elite hypocrisy has become indicative of the Biden administration and the fuel behind Trump's overwhelming victory in November.

Biden owes KJP an apology.

Nobody has more egg on their face after this debacle than White House Press Secretary Karine Jean-Pierre. As this video demonstrates, KJP repeated Biden's promise not to pardon his son. When Biden went back on his word, she had to scramble to provide some semblance of a defense for his decision.

The corporate media coverup.

The mainstream media belittled anyone who suggested that Biden would pardon Hunter. Now, these clips are a perfect example of the mainstream media's complicity of promoting whatever contradictory narrative emerges from the White House.