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Showing posts with the label "british economy"
This is a good picture of Britain's political-economic situation There is a historical background prior to 2016 and the crisis that led to Brexit. "There was now a clear division between those leaders who represented the interests of big business and the City of London wanting ‘free trade’ and a big role in the EU and rank and file Conservatives who    represented small businesses and the narrow nationalist and racist elements in small provincial towns. They wanted no truck with ‘Europe’ and harkened back to ‘good old days’ of a white imperial Britain ploughing its own furrow – something, of course, that had disappeared even before the UK joined the EU. This division was heightened by the bulk of the ‘popular’ press, whose moguls were either Australian-Americans like Rupert Murdoch, or aristocratic empire believers like the Rothermeres or the Barclay brothers." The analysis also includes the impacts of "no-deal Brexit" on business and labour. A crucial ar...
"Opposition Labour Party plots overthrow of Capitalism" —Reuters Note the use of the verb "to plot", which is defined by Oxford Dictionary as "a plan made in secret by a group of people to do something illegal or harmful." It is scary: we have just discovered that there is "a plot", "a secret plan", that Corbyn, McDonnell and their guerrillas have been organising a parallel underground organisation and an armed wing of the Labour Party in order to overthrow the system, possibly with the support of Cuba and China, with promises from North Korea that she will send advisors once the new regime is estabilshed.
"The promise of Brexit was steeped in ideology from the very beginning, a fairy tale based on dark chauvinism. The Spanish Armada, Napoleon, Hitler and now the Polish plumbers who allegedly push down wages..." "A wave of anger crashes over Britain"
Britain "The post-Brexit Tory vote is contradictory. The economically nationalist petty bourgeois voter has little in common with the affluent swing voters currently favoring May against Labour or the discredited Liberals. The business and financial class condensed in the Tory leadership is remote from the concerns of grassroots Conservatives. Such broad coalitions forged in these moments of crisis can last, but only if the political and economic situation begins to stabilize." That's a crucial "if". Back to the 1930s with Theresa May