- Created: Tuesday, 30 November 2010 14:01
- Written by Trevor Rayne
‘It is the £60 million Cabinet. David Cameron’s coalition government may have adopted “fairness” as one of its defining slogans, but his team of Ministers has been drawn almost exclusively from the ranks of the financial elite – leading to accusations that politics is once again becoming the preserve of the wealthy. Of the 29 Ministers entitled to attend Cabinet meetings, 23 have assets and investments estimated to be worth more than £1 million’. (Daily Mail, 23 May 2010).
The British ruling class reproduces itself biologically and economically. It does so through marriage, inheritance, access to private education and the elite universities and by controlling key positions in the economy and state. It draws new blood into its ranks and in so doing retains the loyalty of wider sections of society, who aspire to join its ranks. The British capitalist ruling class was established towards the end of the seventeenth and beginning of the eighteenth centuries with a compromise between the feudal landed aristocracy and the financial interests of the City. The current government demonstrates its unwelcome durability