I like Howard Schultz, the billionaire who created the Starbucks chain from scratch.
I like Starbucks stores, and will occasionally spend some of my hard earned money on the over priced coffee and baked goods sold there. It’s an indulgence, I know, but I like the community atmosphere in the stores.
I used to buy Starbucks Coffee at our local grocery store, but I’ve switched recently. I got tired of paying $10 for eleven ounces of quality coffee when about $4 of that price was simply for the brand. I’ve found another brand for $6 and, to my taste buds, it’s just as good as Starbucks.
Now Mr. Schultz has decided to offer the country two pieces of political advice.
1. He’s asking everyone to forego their Constitutional rights to free speech by boycotting donations to all Congressional and Presidential candidates until our national debt issue is properly resolved.
2. He’s asking his fellow employers to start hiring new employees, not because the company needs them, but because the country needs fewer unemployed.
This sort of business “voluntarism” was popularized by Herbert Hoover back in the 1920s and early 1930s. Its prospects for success are as limited today as it was back then.
You can read the rest of this article at Broadside Books' Line of Fire here.