Market Basket drama continues.
Outside each Market Basket stand employees and customers supporting ousted president Arthur T. Demoulas. Parking lots are nearly empty.
The Demoulas family saga is like a Shakespeare play. Members accuse one another of greed, drug abuse, and affairs. Market Basket is one of the oldest family-owned businesses in America. Its 71 stores generate $4.6 billion in revenue controlled by the Demoulas family.
A court gave the Arthur S. family a controlling interest. but one member instead supported Arthur T. Her vote made Arthur T. president until a month ago when she changed her vote.
Market Basket workers support Arthur T. He's treated them well. The fight, they say, is about unrestrained greed and little concern by Arthur S. for them.
Replacing and training 25,000 employees isn't likely.
This is important because many employees who make Market Basket work publicly revolted against a few directors and are winning. They realize they greatly outnumber the few at the top. They understand they have real power if they act en masse. That revelation has created this revolution.
This revolt is against money and power. This isn't about just supermarkets; it's also about big banks, big credit and debit card issuers with usurious fees, big telecommunications companies, big insurance firms, big gas companies and more. This is being watched nationwide by the little people who make this crazy system of ours work for the few at the top.
No one knows where this is going, but, it's going. Stay tuned.
Portsmouth, New Hampshire