
Many reasons have been thrown about as to why the U.S. is still in the midst of a historic labor shortage, including a decline in fertility rates, older workers retiring in droves, the lingering effects of COVID-19 infections, and of course, worker demands for fairer pay and more expansive benefits.
But Bernie Marcus, the billionaire co-founder of Home Depot, says it’s really simple: People just hate capitalism now. Because of “socialism,” he said in an interview with the Financial Times published Thursday, “nobody works. Nobody gives a damn. ‘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.’’