Skip to main content
SMDH LVMH
Luxury fashion house Luis Vuitton-Moet Hennessy and its chairman have recently become poster-boys for the ugliness of capitalism. SOLOMON HUGHES explains why
The Louis Vuitton store on New Bond Street, London

IT’S KIND of reassuring that whenever a new figurehead for all that is wrong with global capitalism appears, there are also British politicians working in the background for the bad guys.

So with luxury goods firm LVMH and its chairman Bernard Arnault. In LVMH the L and V are for Luis Vuitton, the high-end fashion house which will sell you a handbag for £3,000. 

The M and H are for top-dollar drinks firm Moet Hennessy, which will sell you champagne and cognac.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Prime Minister Keir Starmer with Labour's new deputy leader Lucy Powell at an event in central London, October 25, 2025
Features / 28 November 2025
28 November 2025

Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES

A protester of the
Features / 22 September 2025
22 September 2025

DENNIS BROE gives an update on the last week of anti-austerity protests against the Macron regime, which has seen the supposedly more right-leaning Gilets Jaunes join with the unions and the left

TORY HIGH SOCIETY:  Sir John Ritblat
Features / 19 September 2025
19 September 2025

It is rather strange that Labour continues to give prestigious roles to inappropriate, controversy-mired businessmen who are also major Tory donors. What could Labour possibly be hoping to get out of it, asks SOLOMON HUGHES

Rachel Reeves and Jonathan Reynolds
Features / 8 August 2025
8 August 2025

SOLOMON HUGHES asks whether Labour ‘engaging with decision-makers’ with scandalous records of fleecing the public is really in our interests