| |
| | The Transformation of John Mackey - Mises Institute |
 | | Coming out of the counterculture movement of the 1960s and 1970s, Mackey, a vegetarian, a former long-haired and bearded commune resident, a student of ecology, yoga and eastern philosophy, writes that he idealistically opened a small, food store in 1978 with his girlfriend, with a total capital outlay of $45,000. |
 | | He'd been taught, Mackey explains, that "business and capitalism were based on exploitation: exploitation of consumers, workers, society and the environment." After a year in business, he saw a reality that didn't mesh with his decades of anti-business indoctrination. |
 | | By incorrect branding, Mackey means that too much emphasis about individual freedom has been focused on side issues, such as the legalization of drugs, and not enough on the big picture. |
| www.mises.org /story/2202 (598 words) |
|