I disagree with almost every word of it, but I don't think it contradicts the idea of "conscious capitalism" or treating your employees well.
He also sort of regrets his "fascism" comment:
> "Well, I think that was a bad choice of words on my part ... that word has an association with of course dictatorships in the 20th century like Germany and Spain, and Italy. What I know is that we no longer have free enterprise capitalism in health care, it's not a system any longer where people are able to innovate, it's not based on voluntary exchange. The government is directing it. So we need a new word for it. I don't know what they right word is," Mackey says.
Although, fascism doesn't just have "an association" with dictatorships, that's literally what it means. Government controlling industry is basically a side effect.
I disagree with almost every word of it, but I don't think it contradicts the idea of "conscious capitalism" or treating your employees well.
He also sort of regrets his "fascism" comment:
> "Well, I think that was a bad choice of words on my part ... that word has an association with of course dictatorships in the 20th century like Germany and Spain, and Italy. What I know is that we no longer have free enterprise capitalism in health care, it's not a system any longer where people are able to innovate, it's not based on voluntary exchange. The government is directing it. So we need a new word for it. I don't know what they right word is," Mackey says.
- http://www.npr.org/sections/thesalt/2013/01/16/169413848/who...
Although, fascism doesn't just have "an association" with dictatorships, that's literally what it means. Government controlling industry is basically a side effect.