THE WASTEFUL SOCIETY

Socialists often highlight the wastefulness of capitalist society. The waste of human lives with the premature deaths of millions of people from the lack of clean water. The waste of human usefulness with millions forced into unemployment. The waste of the world's natural resources in the mad scramble for profits. The plight of millions of homeless and the inadequately housed should be contrasted with this piece of wastefulness by a member of the useless capitalist class. The property dealer Vincent Tchenguiz has recently put his £25m villa in St Tropez up for sale, and according to one friend . "Vincent bought the villa five years ago but he's spent only one night there". Really, one night? "Really, he always stays on his yacht." So, why have a seven-bedroom pad with extensive staff quarters? "It's for overflow guests. There's not always enough room on the boat so they stay at the house." Of course." (Sunday Times, 8 May) RD