Tuesday, January 8, 2013

John Mackey, and the paradox of profits

John Mackey, and the paradox of profits


John Mackey, and the paradox of profits

conscious capitalism_book cover
I’m reading an advance copy of new book  called Conscious Capitalism: Liberating the Heroic Spirit of Business by John Mackey, the founder and co-Ceo of Whole Foods Market, and business school prof Raj Sisodia. It’s very good, with useful insights on almost every page so far. (I’m only 70 pages in.)
Mackey was a liberal hippie. He’s now a libertarian entrepreneur and cheerleader for capitalism. He’s also a vegan who meditates and practices yoga. Not your typical CEO of a FORTUNE 500 company.
One reason I like the book is that I agree with much of what Mackey says. This passage, about what Mackey and Sisodia call the “paradox of profits,” comes  from a chapter about how purpose, and not profits, is what drives all great companies: Read more

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