Home Depot co-founder Bernie Marcus is blaming “socialism” for Americans’ declining work ethic and has a warning about how that could affect the future of capitalism. Speaking to the Financial Times this week, the 93-year-old billionaire who co-founded Home Depot in 1978 said “nobody works.” The prevailing attitude is, “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.” He added: “Nobody gives a damn.” Marcus claimed President Biden, whom he called “the worst president in the history of this country,” media outlets, “the woke people,” Ivy Leaguers, lawyers, accountants, and others are getting in the way of entrepreneurial success. He lamented the loss of free speech, saying “the woke people have taken over the world.” Marcus admitted to being “worried about capitalism,” which he said is “the basis of Home Depot [and] millions of people have earned this success and had success.” From manufacturers to distributors, he said Home Depot’s success has also helped these groups of people. “That’s the success. That’s why capitalism works.” Marcus also defended his track record of supporting Republican politicians.
According to Financial Times, Home Depot has 2,300 stores throughout North America and is worth about $321 billion. |
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