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Wholly Cow! Jeff Bezos Joins John Mackey in Creating a Whole New Brand of Capitalism

“It’s absolutely essential that the people who work for a company need to feel that they’re part of something bigger — that it’s not just a job.”

— John Mackey

One of my long-time friends is John Mackey, CEO and co-founder of Whole Foods Market, who is in the forefront promoting “Conscious Capitalism” and his “Whole Foods Diet” (both bestselling book titles).

On Friday, his company announced the blockbuster news that Jeff Bezos’ Amazon (AMZN) was buying Whole Foods Market (WFM) for $42 a share. It is a good move for both companies, and assures the continued success of Mackey’s mission to create a new brand of business and improved quality of life and health for all Americans.

John will stay on as CEO, and continue to build his food franchise. You have no idea how important John Mackey’s message is to the world — to create a positive new brand of capitalism. I’ve taught a course called “Libertarian CEOs” at Chapman University, and every time most of the students vote to work for Whole Foods Market. They love his stakeholder model of combining doing good and still making money.

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