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Bernie Marcus

Home Depot Co-founder Fears Demise of Capitalism Amid Rise of ‘Woke’ Socialism

by Samantha Flom, The Epoch Times
January 4, 2023
in Curated, News
Discern Report

In the more than four decades since he co-founded Home Depot, 93-year-old Bernie Marcus has learned quite a bit about the economy and business in America, developing strong views about what works and what doesn’t along the way.

In a recent interview with the Financial Times, the billionaire discussed those views, lamenting the current state of the U.S. economy and sharing his concerns for the future.

“I’m worried about capitalism,” Marcus told the Financial Times. “Capitalism is the basis of Home Depot, [and] millions of people have earned this success and had success. I’m talking manufacturers, vendors, and distributors, and people that work for us [who have been] able to enrich themselves by the journey of Home Depot. That’s the success. That’s why capitalism works.”

Marcus founded Home Depot alongside co-founder Arthur Blank in Atlanta, Georgia, in 1979 after the pair were unexpectedly fired from another home improvement chain. Since then, the store has expanded to more than 2,300 locations across North America.

In Marcus’ view, however, the company could not have achieved the same level of success if launched in today’s market.

“We would end up with 15, 16 stores,” he said. “I don’t know that we could go further.”


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That change, along with a general lack of work ethic among the younger generation, can be attributed to the rise of socialism, according to the retailer.

“[N]obody works,” he said. “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.’”

It’s A Woke World

Marcus further lamented an increasing lack of respect for the First Amendment, noting: “We used to have free speech here. We don’t have it. The woke people have taken over the world.”

The nonagenarian also acknowledged that, given his age, he is less susceptible to cancelation attempts, though that hasn’t stopped certain groups from trying.

In both 2016 and 2019, Marcus’ political support for former President Donald Trump angered some shoppers to the extent that they threatened to boycott Home Depot stores.

In 2019, while noting that he did not agree “with every move” Trump makes, Marcus told the Atlanta Journal-Constitution that he intended to donate to Trump’s reelection campaign because the then-president had “produced more than anybody else.”

Marcus also praised Trump for his “businessman’s common sense approach to most things,” holding that the United States was better off under the 45th president than it had been under the previous administration.

But while Home Depot sought to distance itself from its retired co-founder’s comments, Trump jumped to Marcus’ defense, urging his supporters to do the same.

Promised Grounds Christmas

“A truly great, patriotic & charitable man, Bernie Marcus, the co-founder of Home Depot who, at the age of 90, is coming under attack by the Radical Left Democrats with one of their often used weapons,” Trump noted on Twitter in July 2019. “They don’t want people to shop at those GREAT stores because he contributed … to your favorite President, me!”

“Fight for Bernie Marcus and Home Depot!” Trump added.

Ultimately, those boycotts appear to have been unsuccessful, given that the company has an estimated annual revenue of $150 billion.

Republican Support

Marcus has been outspoken in his conservatism for years, attributing his views to a love of the United States and the freedoms Americans enjoy.


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“I think there are two big reasons why this country is so great,” Marcus said in another 2019 interview. “The first is our Constitution, which guarantees a freedom of speech and expression. The second is our free market system.”

“The free market system has been the biggest creator of wealth and prosperity the world has ever known, lifting billions of people out of poverty and far more superior than any government program could ever be,” Marcus added. “The free market is the tool that allows many to reach out and grab hold of the American dream.”

Given his love of capitalism, the entrepreneur’s past support for Republican political campaigns—including the presidential campaigns of Mitt Romney and John McCain—should not come as a surprise.

And Trump is not the only Republican candidate to have recently earned Marcus’ support. As a Florida resident, the entrepreneur has also donated to the state’s Republican Gov. Ron DeSantis.

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“I give money to [Trump and DeSantis] because I hope they’re going to do the right thing,” Marcus told The Financial Times.

While adding that he thought Trump’s policies as president were “spot on,” Marcus demurred on which Republican he would like to see replace Joe Biden in the oval office.

“It’s going to be very interesting in ‘24 because I think that DeSantis will challenge him [Trump],” he said. “And may the better man win.”

Article cross-posted from The Epoch Times.

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NOQ Report





Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

Tags: Bernie MarcusCapitalismHome DepotSocialismThe Epoch TimesTop StoryWoke
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