Class interests
The party’s Seventh Principle states that “political parties are but the expression of class interests". Accepting that the Conservative, Liberal and Labour Parties all look after the interests of Capitalism, which particular section of the capitalist class benefits from which party?
Who does the Labour Party represent? Stockbrokers seem to believe in it, as the F.T. Share Index shows, but which businesses are actually supporting it. by donations etc? Could you name some businesses and types of business which stand to benefit from Labour policies as opposed to those of the Tories?
The Seventh Principle stands as a generalisation. There is no generalisation worthy of the name which does not apply in specific instances. Therefore, would you give some details?
F. S.
Newcastle
Reply:
All sections of the capitalist class, industrialists, mine-owners, bankers, ship-owners, newspaper proprietors, manufacturers and property-owners, and building consortiums, benefit from all the major political parties. After all, the political parties govern in their interests. There is no special group of capitalists who are preferred to others, but it is common knowledge that MPs of all parties lobby for particular business interests, and act as public relations men and consultants to large companies and industrial organizations. Historically, the Tory Party represented the interests of ship-owners, newspaper proprietors, bankers, mine-owners and landlords. The Liberal Party represented industrialists, manufacturers and small business men. The Labour Party look over the Liberal Party’s policy but was originally formed to represent trade-union interests. These distinctions no longer exist, and capitalists of all kinds will support any political group irrespective of its ideology, as long as it can keep order and advance their interests. Some sections, such as the landlords, claim that Labour governments legislate to their disadvantage, and cite the Rent Acts as an example. However, the Rent Acts were introduced by a Conservative government in 1915, and the Tories have extended these against the landlord at various times.
Without any doubt the Tory Party receives large donations from big manufacturers like Tate & Lyle and many others. McAlpine, the millionaire road-builder, is their Chairman. These donations used to be made in secret but now have to be declared on the firm’s accounts, and many rich individuals make donations through the “Old Boy” network. How else could they maintain the expensive electoral machinery, full-time agents, and professional propagandists and large head office premises. It is not possible to give specific details as these donations are not publicly announced or recorded.
Another type of support given by big business to the Tory Party is in the type of campaigns against certain Labour Party measures. In the recent campaign by the banks against nationalisation, hundreds of thousands of pounds were spent, and undoubtedly some of this money would have found its way into the Tory Party. The same thing would have applied in the case of the campaign run by a federation of ship-repairing interests against the nationalization of the aircraft and ship-repairing industries.
The Labour Party also has rich supporters, including a number of millionaires: the late Eric Miller, who hobnobbed with Harold Wilson, Jimmy Goldsmith, Cotton the Birmingham property millionaire, Charles Forte and many others. These rich people do not give their support unless they receive something in return; whether this be a subsidy, honours, export credit, a licence, a Government contract, or some other form of Government assistance will depend on the particular circumstances. The Labour Party receives the bulk of its funds from trade unions through the Political Levy, and the sponsorship of some of its MP’s, but it is a capitalist party which believes it can run capitalism in the interests of the working class. Occasionally it will make attacks on certain rich people or luxury industries, and the worst excesses of capitalism, but it will not attack the system.
The main issue between Tory and Labour government is on the question of state control of industry and nationalization. Here is a classic example of the interests of the capitalist class being represented in different ways, and this is precisely what Clause 7 refers to. The Tories want to cut down expensive government, reduce taxation, and state intervention. To the extent to which the state intervenes bureaucracy grows and inhibits the growth of capital. This is the main bone of contention. It would be impossible for governments to show partiality to certain sections of the capitalist class over a long period, as they are all watching one another and will take good care that nobody gains an advantage. This is where their parliamentary hacks come in. The fact that a party like the Labour Party is predominantly composed of workers does not prevent it from acting in the interests of capitalism, for the simple reason that the workers support capitalism.
Editors.
'F. S.' of Newcastle was undoubtedly 'F. Sliwinski', who was a regular correspondent to the Socialist Standard during this period. He should get a label, tbh.
ReplyDeletePoint of information:
"However, the Rent Acts were introduced by a Conservative government in 1915, and the Tories have extended these against the landlord at various times."
Not sure if this was corrected in a later Standard, but in 1915 it was a Liberal Government that was in office.