Wednesday, September 17, 2025

Filthy Rich (1976)

From the September 1976 issue of the Socialist Standard

One of the main points of the argument put forward by the SPGB is that capitalist society is divided into two classes; the working class, the largely propertlyless majority, and the capitalist class, those who own most of the wealth produced in the world and the physical means to make more of it. It is easy to identify the working class. For example you can see them at certain hours of the day pouring into the factories, offices, shops, mines railway stations etc. in order to work. That is why they are called workers. They receive at the end of their week or month’s work, a pay packet or salary cheque — the price at which they have sold their labour-power to the boss. Basically this will permit them to purchase sufficient to allow themselves and their families to subsist until the next pay packet. That’s simple.

But it is sometimes not quite so easy physically to identify the capitalist class. True you see the odd chauffeur driven Rolls with its owner frequently sprawled across the back seat, the assembly at Ascot, and those going in and out of Claridges, the Ritz etc. But some highly paid workers will use Claridges, so that can be confusing. And many members of the working class will go to Ascot to mimic the pastimes of their class exploiters. So identification lines can become blurred. In particular, when wealth ownership itself has become a most complicated and intricate network of title to deeds, bonds, shares etc. it all adds to the difficulty of identification It is no wonder many people are confused and ask the SPGB “Who are the capitalist class?” “Where are the capitalist class?” and so on.

Where there's a will
Well ironicaly, one of the easiest methods of identifying someone’s class position is not by the facts of his life, but by the effects of his death. When a worker dies, after funeral expenses have been paid, the H.P. company sorted out etc. there is not usually much left. Very often nothing at all. Born with nothing, the worker dies with nothing, leaving “not a rack behind” as Shakespeare put it. But the death of a capitalist is a different matter. For one thing it is noted in the papers — it is news. The Times for example runs a short daily column headed “Latest Wills”. Now these are not any old Wills — when you die, not only will they not bother to write your obituary in the Times, they won’t put in their latest Wills column how much you left to your family and friends. But a glance at the column for any day will show something interesting. The paper’s column for Wednesday July 14th 1976 (chosen entirely at random) is quite short. It reads as follows:
Lord Elphinsone of Drumkilbo, Meigle, Tayside, a first cousin of the Queen, has left estate totalling £890,907 gross according to his will published in Perth yesterday. It included £178,019 abroad. Other estates, include . . . Atkin, Mrs. Anita Constance Irene of Tonbridge £163,424; Bennett, Lady of Highgate, wife of Sir Thomas Bennett £143,390; Hawkin, Mrs. Levu Colin, of Caine, butcher, £345,293; Segravc, Mr. Charles Rodney of Chobham £515,275.
(The figures do not show the tax that will be payable on the deaths. Equally they do not show the amount the individual may have “disposed of” prior to death in part to avoid taxes. The true representation of the individual’s wealth may be much higher than the amount given.)

Another column which frequently pinpoints the capitalist at his hour of death is the obituary column. You don’t need to have done anything of note to merit an entry — provided you were very rich. J. Paul Getty died on 7th June this year. Some of the points about him which appeared from the Times of the next day are the following; at his death he was “estimated” (i.e. he was so rich they could not even count all his money and it had to be guessed) to be worth £1,000 million; he “lived simply amid considerable splendour at Sutton Place, near Guildford, the Elizabethan mansion set in 1,000 acres”; lest this home was not “simple” enough (how much more fawning can the capitalist press be than to say he lived “simply” — the reporter ought to visit some working class homes, or look round his own, and then see if Getty lived simply) he was having another house built for him at Malibu California where “he had built a museum to house his £100 million art collection”; by the age of 21 he had “made” 2 million dollars (but he had of course a rather good send off from his millionaire father), and by the same age he had had 2 divorces, (3 more marriages and divorces to follow); this displeased his “earnest Methodist” father, so much so that when the father died, he gave Getty only 500,000 dollars of his estate of 10 million dollars; but fear not, our hero was “not disheartened by the smallness of the legacy for he already had 4 million dollars of his own”; and on and on.

Thrift and Humbug
Like so many members of the class that has no social function whatever other than to accumulate the wealth produced by workers, Getty was fond of giving his opinions to all who cared to listen (and he was so rich many people did listen). The capitalist press repeat these pearls so that the swine before whom they are cast and who produced the wealth for him can be suitably impressed by the wisdom of their masters. For example; “The advice he was prone to give to others he had followed himself. This was to ‘be thrifty, save a little money and have a small surplus for investment’.” Or what about this gem: “He did not believe in charity. ‘I don’t know,’ he said, 'why I should distribute money right and left to people because they ask for it’”! well, quite right too! after all, if the world is so madly organized as to allow most people to live in want and provide Getty with such a crazy superabundance why should he be such a damn fool (as his methodist father with his religion humbug would no doubt have put it) as to give it back to them?

That’s one sadly deceased member of the parasite class. What about some living ones? The death of Getty brought forth speculations as to who was the richest person in the world now that both Getty and Howard Hughes are dead. As the Sunday Times reported (9/6/76) there is no shortage of candidates. Some of the most obvious candidates are to quote the Sunday Times “comparatively hard up”. Into that category they put people like Henry Ford, Woodruff of Coca Cola, Benton of Encyclopaedia Britannica, Forest E. Mars of Mars Bar fame and Dewott Wallace of Readers Digest. Some of the legendary wealthy American families (Rockefellers and the like) can’t compete for the title either because they have been too “busily giving their money away to distant members of the family in a desperate effort to avoid tax.” One possible candidate is Al Tajir. He is the ambassador to Britain from the United Arab Emirates and also their advisor on oil. He “has accrued his vast wealth from a variety of sources — mining in Africa, property in Western Europe, businesses in the Persian Gulf and Lebanon . . . he did once boast that whereas many governments would find it hard — if not impossible — to raise a billion dollars . . . it would take him only a morning” However the Sunday Times suggests that the man who must take the crown is currently little-known 78-year-old American, Daniel K. Ludwig.

Although it appears that Ludwig is somewhat coy about disclosing the extent of his interests (and he may not know — as Getty is supposed to have said, “you can’t be that rich if you know how much you have got”, it seems they include the following: “The American company National Bulk Carriers, a huge fleet of tankers, a shipyard in Japan, a large share in the National Mortgage Bank in America, a deep water port in Florida, a big interest in potash in Ethiopia, iron ore in India, oranges in Panama, a million acres of Venezuela, 3 million acres of Brazil and large chunks of Australia and the United States.”

A Bijou Nest
Another quietly comfortable family is the “Royal”. Despite the cries of poverty from them that have in recent years tugged at the worker’s heartstrings, the owners of the little home standing in the exclusive 40 acres of ground at Buckingham Palace (an estate agent’s dream) can’t be that hard up. They have recently bought a small present for their son-in-law and daughter. It is, according to the Daily Mail (24/6/76 a “730 acre property — complete with trout lake, a conservatory as long as a cricket pitch, 200 acres of mature woodland, a 530 acre farm, a folly and stables.” Mind you according to the report the stables probably need doing up, the kitchen (not that the dear couple can be expected to be doing that much washing up themselves) needs a coat or two of paint, the billiard room has a “dusty unused look and has been used as a store” (how low can you get?) and in general the 5 principal bedrooms, five secondary bedrooms (for the staff) and the four reception rooms clearly need tarting up. No doubt the locals will be able to see Anne and Mark on Saturday afternoon, their shirt sleeves rolled up to their royal elbows, scrubbing away for many years to come. No wonder the Queen only paid a bargain £750,000 for it.

Enough has been said to show that the capitalist class are still alive and well and thriving off the wealth produced by the workers. Though whether it is possible to identify them makes no difference to the system itself, or those that suffer from it. Whether you see your exploiter or not, he still exists. The workers in the so-called nationalized industries do not “know” their boss. Nonetheless they are still working for the sole benefit of a class other than their own, and it is from their work that all that wealth (only some examples of which have been mentioned in this article) comes. The wealth is produced not by the brains of the capitalist class but by the work of their employees. Quite simply what happens is that when the worker draws his wage, he does not receive from the boss the equivalent of what he has produced for him. He gets back just a proportion of the amount he has produced. The balance, i.e. the profit, is pocketed by the capitalist class and used to allow the Gettys and the ordinary rich to thrive. And they will continue to suck like the social leeches they are, until the working class as a whole say “Enough!" and decide to end property society once and for all.
Ronnie Warrington

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