According to Jim and Margaret Cuthbert, leading economists whose work on the Scottish economy has been regularly cited by the SNP, it is “not feasible that anything approaching independence can emerge from the current referendum”.
They argue “genuine” independence is required to challenge “vested interests” – from the world of finance, land-owners and the European Union – which they argue have been “flattered and reassured, and...protected” by the SNP.
We shouldn’t really be surprised by this statement. After all, part of the socialist case against nationalism is that the State, regardless of who forms the government, represents the ruling class.
We would take issue with the economists' forlorn and doomed hope that through “genuine” independence Scotland would have the power to take on those vested interests. The Cuthberts argue that any reform has to “threaten, and probably displace, some or all of the vested interests which currently hold sway”
Just what is “genuine” independence in a world economy of interdependent not independent markets. We witnessed how the recent crisis spread throughout the world without regard to a country’s supposed sovereignty and how Scottish-based banks were fully culpable and complicit in much of the causes of it.
There exists no such thing as "genuine" independence. It is a global capitalist system.
They argue “genuine” independence is required to challenge “vested interests” – from the world of finance, land-owners and the European Union – which they argue have been “flattered and reassured, and...protected” by the SNP.
We shouldn’t really be surprised by this statement. After all, part of the socialist case against nationalism is that the State, regardless of who forms the government, represents the ruling class.
We would take issue with the economists' forlorn and doomed hope that through “genuine” independence Scotland would have the power to take on those vested interests. The Cuthberts argue that any reform has to “threaten, and probably displace, some or all of the vested interests which currently hold sway”
Just what is “genuine” independence in a world economy of interdependent not independent markets. We witnessed how the recent crisis spread throughout the world without regard to a country’s supposed sovereignty and how Scottish-based banks were fully culpable and complicit in much of the causes of it.
There exists no such thing as "genuine" independence. It is a global capitalist system.
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