The 93-year-old billionaire co-founder of Home Depot blamed “socialism” for Americans lacking the motivation to work and warned that the future of capitalism is in danger.
Bernie Marcus — who along with Arthur Blank built Home Depot into a nationwide empire from just two stores founded in Atlanta in the late 1970s — told Financial Times on Thursday, “Nobody works.”
“Just give it to me. Send me money. I don’t want to work — I’m too lazy, I’m too fat, I’m too stupid,” Marcus said about what he perceived as the attitude permeating the country.
“Nobody gives a damn.”
[This child has lots of fathers — overindulgent parenting, obsessive feeling-oriented culture, etc etc. But Marcus is right that the latest embrace of socialism is undermining the kind of economic growth that gave the US its high standard of living, and its entrepreneurial dynamism. — Ed]
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