Philip Green gave capitalism a bad name

The giant drug companies that are on brink of delivering a Covid vaccine in record time? Well, that’s easy. The technology companies that have relentlessly innovated to transform the way we communicate with one another? That’s not too hard. The power generators, food manufacturers and automobile conglomerates that supply most of our daily needs? That’s a breeze. Heck, even the banks can justify their existence, at least in theory. Most entrepreneurs and businesses are fairly easy to defend. But Sir Philip Green? Errrrr…

Of course it was just about possible to explain his vast wealth. But let’s be honest here, no matter how many times you might have read the collected works of Friedrich Hayek or Ayn Rand it was a struggle. And the blunt truth is that the free market will be in better shape without him.