Joe Rogan Discusses the New Book by Whole Foods CEO John Mackey
If you watched the Joe Rogan Experience Podcast episode #1569, then you caught Whole Foods CEO John Mackey talking about his new book Conscience Capitalism.
The discussion was good and hit on a lot of key points if you are a firm believer in capitalism as the best economic model to have. The author made many good pints and clearly had strong points in support of his position, and he did a good job at dealing with Joe Rogan’s leftist tendencies.
Unfortunately , the conversation devolved into a 30 minute debate between a vegetarian diet and a meat-heavy diet. And it never really went back to the original discussions.
But the podcast’s guest had enough good things to say that I think this would be a good book to pick-up and read.
This would be a great book for anyone that is running their own business and wants to understand capitalism from a business owner’s perspective.
From the back flap:
At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business, Conscious Capitalism is for anyone hoping to build a more cooperative, humane, and positive future.
Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue that both business and capitalism are inherently good, and they use some of today’s best-known and most successful companies to illustrate their point. From Southwest Airlines, UPS, and Tata to Costco, Panera, Google, the Container Store, and Amazon, today’s organizations are creating value for all stakeholders—including customers, employees, suppliers, investors, society, and the environment.
Read this book and you’ll better understand how four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—can help build strong businesses, move capitalism closer to its highest potential, and foster a more positive environment for all of us.
Top Reader’s Comment:
“Even though profit is what pays taxes, makes innovation possible and improve the quality of life, in today's society for profit, capitalistic businesses continue to be slammed as uncaring, greedy entities. John Mackey as the co-author of this book takes the reader through his own personal evolution regarding how capitalism is not evil.
What makes this book different than some others is the authors demonstrate the practicality of how by being intentionally conscious about one's behavior, any business from the smallest to the largest can be make money and be a positive contributor to all stakeholders through the 4 tenets of: Higher Purpose, Stakeholder Integration, Conscious Leadership and Conscious Integration
I particularly enjoyed the purpose reference specific to Plato's transcendent ideals of The Good, The True and The Beautiful. The authors adding a four ideal purpose of Heroic reaffirmed the necessity of businesses to identify and define their purpose.
Additionally, the authors present some very strong facts about how capitalism is good especially South Korea that went from one of the poorest countries in the world to one of the richest in approximately 50 years.
This is truly a practical, hands on book that can support any business to Be the Red Jacket and propel that organization ahead of the flow.”
What reader’s are saying:
Capitalism has been the foundation of economic success in the United States. Today it is coming under attack for a perceived lack of "fairness". The author, John MacKey of Whole Foods Market, explains how free-market capitalism functions and contributes to humankind more than any other organization in society. The book in organized in four parts: (1) higher purpose and core values; (2)stakeholder integration; (3) conscious leadership; and (4) conscious culture and management.