Morrison’s Chief

An excellent example which exposes the divide in society between the economic classes was reported in the Times on the 14th January.  The Times announced that Dalton Philips, the chief executive of the supermarket chain Morrisons, had been sacked for failing to revive the company’s fortunes.

Philips admitted to making “strategic errors” in his management of the company, and lamented  ”It’s clearly a sad day.  When you get a tap on the shoulder from the board and the board want’s a change, you absolutely have to accept it.”  – a comment that plainly illustrates where power resides in the capitalist system.

With a likely compensation of nearly £2m, Philips will doubtless survive in comfort, unlike, perhaps workers at parcel-carrier City Link who were unseasonably dismissed over Christmas.  Nevertheless, in spite of his exalted position, the manner of his departure marks him clearly as a member of the working class, a characteristic he shares with the remaining 127,000 employees of Morrisons, who are similarly vulnerable. 

(TIMES 14/1/15)