Conscious Capitalism

Conscious Capitalism

Liberating the Heroic Spirit of Business

Book - 2013
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"In this book, Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known companies, they illustrate how these two forces can--and do--work most powerfully to create value for all stakeholders: including customers, employees, suppliers, investors, society, and the environment. These 'Conscious Capitalism' companies include Whole Foods Market, Southwest Airlines, Costco, Google, Patagonia, The Container Store, UPS, and dozens of others. We know them; we buy their products or use their services. Now it's time to better understand how these organizations use four specific tenets--higher purpose, stakeholder integration, conscious leadership, and conscious culture and management--to build strong businesses and help advance capitalism further toward realizing its highest potential."--Publisher's website.
Publisher: Boston, Mass. : Harvard Business Review Press, c2013.
ISBN: 9781422183182
1422183181
9781422144208
9781422144206
1422144208
Branch Call Number: 174.4 MAC
Characteristics: xiv, 344 p. : ill. ; 25 cm.
Additional Contributors: Sisodia, Rajendra

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ghostserver
Jul 14, 2015

It's a book to mask the glorification of greed - John Mackey created Whole Foods Markets, which is supposed to be a model for "Conscious Capitalism". Here's just a single example why this is a joke: A core value for WFM is "Team Member Happiness"; recently special "staff meals" (that staff have been enjoying for years) has been taken away as well as certain discounts during sales. So now the staff have to pay even more to shop where they work, while the company's profits continue to rise (a single store in Vancouver Canada will clear a $1000,000 or more per week in take home profits- that's a fact, not a joke). If "Conscious Capitalism" means consciously making more money no matter what, while branding it such a way that entices the consumer (because they think it's better environmentally/socially to shop there) then I guess WFM is a complete success. "Conscious Capitalism" is just a prettier way to explain how to exploit & take advantage of your staff and consumer base, while maintaining a facade that you are a "good" & "fair" capitalist

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red_ant_1137
Jul 04, 2015

This book is excellent! John Mackey explains what capitalism should be, which, unfortunately, is very much in contrast to what 'capitalism' is thought of and in many cases is. I won't go into a political rant like one of the others who posted comments (cough, stargladiator, cough), but I will say this: capitalism as it should be works in tandem with the government to improve the quality of life for all. Capitalism, when used correctly, is not a monster that sucks the life out of every human being, as some would have you believe.

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StarGladiator
May 24, 2015

Major problems throughout, and most definitely John Mackey IS NOT a student of the history of technology nor public health history! [For the complete destruction of his premise, please read the outstanding book by Nicole Aschoff, The New Prophets of Capital --- brilliant!] People like Mackey always use the Error of Attribution, falsely claiming the fruits of progress to stem from predatory capitalism --- it was in spite of the capitalist swine that technical progress came about, not because of it. The vast majority of inventors and creators had their creations stolen from them, and only in some cases [the theft by Sears of the ratchet wrench, took years by its inventor to win the case and the building block of the geodesic dome, stolen by R. Buckminister Fuller from a graphic artist at the faculty Fuller once was on, as decided by the patent court circa 2001-2002; Microsoft and Bill Gates literally suing the owner of the Internet Explorer name to death!]. Tesla, Armstrong, Philo Farnsworth, Chester Gould, the list goes on almost forever, and in public health it was always battles against the capitalists who were against clean drinking water, sewage, and still against national healthcare, et cetera! [And guess who utilizes the products of private prison labor?]

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greengranny
Jan 24, 2014

The dismissal of the role of government and unions and the characterization of taxes in the oh-so-brief section on taxes set off warning bells for me. Some of the so-called "conscious capitalists" are tax evaders I believe and that bothers me a lot. I admire the idealism but is it wilful blindness to skip over such "details"?

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