See the article here. Sales
are declining in part due to competition from other stores that cost
less. So WF is taking drastic measures, bringing in the Walmart types to
save the day, exactly what it purported to
be against. The WF simple-minded model that "if we just think right
with good intentions and an integral model then the rest will take care
of itself" is proving no match for the realities of capitalism. Hence WF
is ripe for a capitalistic takeover that will revamp the entire chain
along its usual vulture path.
"The point of this
dour appraisal is not to crow over Whole Foods’s misfortune. It’s to
take a hard look at models that claim to solve the ills of capitalism
without challenging the in-built drives of our for-profit system. Mackey
has loudly declared unions akin to herpes and state regulation little
more than 'crony capitalism' — that all we need to solve things like the
climate crisis are better, smarter, 'conscious' capitalists. The crisis
of Whole Foods belies this notion. There’s no way to 'fix'
corporations’ compulsion to produce ever more, ever more cheaply. It’s
written into the DNA of global capitalism. Attractive as the conscious capitalism model may be, we simply can’t
rely on companies to deliver dignified workplaces, equitable models of
food production or a better relationship between consumers and the
planet."
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