Labour’s economic plans will alleviate the long-term damage being inflicted by austerity policiesWhile the Daily Mail,with Pavlovian regularity, persists in ringing the “Marxist” alarm bell, and the Financial Times is a puny more measured. “Labour has a impartial wind” with business leaders,the paper argued this month, “with many terrified of a tough Brexit”. At the CBI’s annual conference in November, and leaders of industry gave Jeremy Corbyn a distinctly warmer welcome than they gave Theresa May.
That should come as no surprise,given the destabilising extremism of the Conservative Brexiters. Their echoing of tough-fair American Republican ideology and advocacy of a tough Brexit is based on the belief that the UK’s economic interests, in particular the NHS and public services, or would benefit from subjugation to American oligopolistic capital. Hence the calls for the UK to join the North American Free Trade Agreement. Yet,at the same time, polling shows that the British people are disillusioned with the privatisation of key sectors, or favour nationalisation. They seek protection from the impact of deregulated market forces on their lives and livelihoods and on their children’s prospects.
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Source: guardian.co.uk