Philip green

Philip Green will be remembered as a nasty stain on capitalism

There really isn’t much left to be said about Sir Philip Green as his Arcadia fashion empire collapses into administration, taking the Debenhams chain down with it, unless a new rescuer steps in. An aggressive rag-trade wheeler-dealer since he started selling cheap jeans in the 1970s, Green was also once regarded as a brilliant merchandiser — until, it seems, he got too rich to bother keeping up with online competitors such as Asos, rising brands such as Zara and price-slashers such as Primark. So he won’t be remembered for his fashion sense — as the era’s other trouble-prone ‘King of the High Street’, George Davies of Next and Per Una,

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… The free market needs defending, perhaps more now than at any time in the last 50 years Of course it was just about possible to explain his

In this instance, greed isn’t good: Greed reviewed

Greed is Michael Winterbottom’s satire on the obscenely rich and, in particular, a billionaire, asset-stripping retail tycoon whose resemblance to any living person is purely intentional. (Hello, Sir Philip Green.) Plenty to work with, you would think. Low-hanging fruit and all that. But as the characters are so feebly sketched and the ‘jokes’ — ‘jokes’ in quotation marks; always a bad sign — are so heavy-handed it drags (and drags) rather than flies. Greed is good, greed works, Gordon Gekko famously said in Wall Street. But in this instance it isn’t. And doesn’t. Greed is good, Gordon Gekko famously said in Wall Street. But in this instance it isn’t It