Tory Prime Minister, Benjamin Disraeli, is credited with first having thought this up. The royal family may be a relic from feudalism but it is easier to get people to identify with it than with some abstraction like the constitution. Nor is any superannuated politician dubbed the president ever going to be able to act as such a focus.
It is also less hypocritical, because members of the British nation are called what they really are subjects, people subjected to the rule of a ruling class. Tony Benn, old-fashioned radical liberal still fighting 19th century battles against Disraeli that he is, finds this abhorrent. He wants us to be called citizens not subjects, as people are in France. But the people of France are no less subjects of the French ruling class and its state for being called citizens. Let a spade continue to be called a spade. What we should object to is not to being called subjects, but to being subjects.
Benn is a dissident member of the ruling class who hasn't understood their interests properly (though republicanism and citizenship could become a useful alternative way of ensuring loyalty to the British capitalist state if ever the royal family becomes too unpopular). But even though royalty is much less popular than it was even 25 years ago, as the media is noting as the queen's golden jubilee celebrations falter, it is still an asset that the British ruling class want to hold on to and use to the full. It serves to get wage and salary workers to be loyal to the British state and to use we in relation to the interests of its ruling class. A revealing demonstration of its effectiveness in duping workers can be seen elsewhere in this issue, in the Fifty Years Ago column, where we recall that the print workers not the printing firm refused to typeset an article in our March 1952 issue on the death of King George VI which pointed this out.
Perhaps we should have gone to a firm of printers that only employed immigrant workers who had not yet been broken in to considering themselves loyal subjects of the crowned head of the British capitalist state.
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