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Tuesday, August 16, 2016

Whole Foods CEO: Socialism "Never Has Worked" and "Never Will"

By Rick Pearcey • August 16, 2016, 10:58 AM

Bradford Richardson reports at the WTimes:

The CEO of Whole Foods Market says socialism is a fundamentally flawed economic theory that never has worked and never will.

John Mackey, who debated Marxist economist John Roemer at FreedomFest in Las Vegas last week, said state-controlled economies simply don't comport with human nature.

"I want to make the world a better place. But you have to do that in a sort of pragmatic fashion, not a utopian transformation," Mr. Mackey told Opportunity Lives after the debate.

Or you can put it like this: Your economic theory about reality has got to fit the facts on the ground if it is ever to get off the ground and help "make the world a better place."

Otherwise, empirical facts falsify your theory, and no amount of "good intentions," government funding, or magical thinking is going to turn a falsified economic theory that does not work in the real world into a verified economic theory that does work in the real world.

"There's not going to be a new human being that's going to pop up [so] that human nature ceases to exist, and that's been the myth of the socialistic man, that they can change human nature," Mackey is quoted as saying.

Also, according to the WTimes, the Whole Foods CEO disagrees with the professor's belief that socialism could work but the problem is that it "just hasn’t been done right."

  "He's an economics professor at Yale who believes that he knows the best thing for society: 80 percent tax rates, entrepreneurs will work hard and still be creative for the goodness of their heart, and sins don't matter," Mackey said in critique of Roemer's position, according to the Times

In fact, "socialism has failed miserably every place it has been tried," Mackey countered.

Oh, well maybe "it just hasn’t been done right," Mackey suggested, describing an oft-used socialist-favoring reply.

Why hasn't it been done right as of yet? "Because the right people aren’t running it yet. If John Roemer and his gang were running, it would be good," Mackey said, according to the Times.

It is important, however, to understand that not even the "right people" (who are never around, it seems) can transmogrify that which is false into that which is true. If socialism is false, no amount of "right people" and no amount of government taxing and spending can change falsified socialism into something true to reality.

Magical thinking about the economic facts of life remains magical thinking about the economic facts of life no matter who does the thinking. And then imposing that fantasy, that illusion, that comforting but false ideology, upon the lives of real people does great harm and results in great evil, much pain and suffering and bloodshed. All in the pursuit of an empty opiate called socialism.

Socialism "sounds good in theory . . .  but in reality never works," Richardson quotes Mackey as saying.

Whole Foods is fortunate to have a CEO who rejects the way of a cult, who instead embraces a liberating economic theory that produces real fruit in the real world.

It is true: "Man shall not live on bread alone," and life is more than bread. The problem for socialism is that it can't even get you the bread.

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