20 Questions with Sunni’s Salon
by John Mackey, October 20, 2005 | Permalink
This interview was originally published in Sunni’s Salon, Sunni Maravillosa’s monthly ‘zine of individualistic, pro-freedom culture.
SUNNI: Hi, John, and thanks for letting me play my version of “20 Questions” with you today. How are you?
JOHN: Great!
SUNNI: Glad to hear it! I have a lot of things I’d like to touch on with you, and I don’t want to take too much of your time, so let’s jump right in. In doing some research, I found you being referred to as an “ex-leftist libertarian”. I thought that a very odd phrase, since many individuals come to the freedom philosophy from a left perspective — and lots of pro-freedom people are more concerned with personal and social issues than economic ones; that’s generally considered to be a “leftist” slant. What do you think of that phrase? Does it fit you?
JOHN: I think that depends upon how “leftist” is defined. Usually people who define themselves as “leftists” are opposed to capitalism, economic freedom, and believe that the coercive power of government should be used to create more equality and social justice in society. Usually people on the left have sympathy for democratic socialism. When I was in my very early 20’s I believed that democratic socialism was a more “just” economic system than democratic capitalism was. However, soon after I opened my first small natural food store back in 1978 with my girlfriend when I was 25, my political opinions began to shift. Operating a business was a real education for me. There were bills to pay and a payroll to be met and we had trouble doing either because we lost half of our initial $45,000 of capital in our first year. Our customers thought our prices were too high and our employees thought they were being underpaid, and we were losing money. Renee and I were only being paid about $200 a month and the business was a real struggle. Nobody was very happy and Renee and I were now seen as capitalistic exploiters by friends on the left who believed we were overcharging our customers and exploiting our workers — all because we were apparently selfish and greedy.
I didn’t think the charge of capitalist exploiters fit Renee and myself very well. In a nutshell the economic system of democratic socialism was no longer intellectually satisfying to me and I began to look around for more robust theories which would better explain business, economics, and society. Somehow or another I stumbled on to the works of Mises, Hayek, and Friedman, and had a complete revolution in my world view. The more I read, studied, and thought about economics and capitalism, the more I came to realize that capitalism had been misunderstood and unfairly attacked by the left. In fact, democratic capitalism remains by far the best way to organize society to create prosperity, growth, freedom, self-actualization, and even equality.
I no longer think of myself as a leftist, but I definitely don’t think of myself as from the right either. For the past 25 years I’ve thought of myself as a libertarian, but I’m now beginning to move away from that label as well. I have a number of intellectual problems with libertarianism as a political philosophy as it currently exists. I believe we need a new social/political/economical/environmental movement in the world today and I’ve got some definite ideas what this movement should look like.
Categories: conscious capitalism