Play some Grandmaster Flash and Sugar Hill Gang for the members of The Clash and this single is what you'll get. Far from bad and close to brilliant.
The Magnificent Seven was inspired by old skool hip hop and build around a pretty funky bass loop originally issued by The Blockheads. The Magnificent Seven is the first major rap record by a white band and one of the earliest examples of hiphop with social and political content.
The song deals with consumerism, popular media, historical figures. In a funny way too! The first verses of the song deals with this nameless worker as he wakes up and goes to work, only to buy his girlfriend consumer goods.