Brexiteers

Capitalist democracy is government in the interests of a parasitic minority class OVER you.

The recent referendum was a battle between members of the parasite capitalist class. The sad thing is that so many workers were led to back this maverick section of the capitalist class in the belief that they were protesting against the ‘elite’, while in fact they were being duped into pulling the chestnuts out of the fire for a part of it.

The notion that it is YOUR country is YOUR nightmare which helps produce cannon fodder for the capitalist parasite class, whenever it suits them to go to war over trade routes, raw materials, spheres of geo-political interest. You are only of consequence to the real owners of this country, while they can extract surplus value from your employment or use you to further their interests in a bloody conflict with your fellow workers of other lands and none. They will promise you ,"Homes built for heroes" or welfare, "From the cradle to the grave" in order for your continual slavish attention to their bidding, but withdraw any reforms when they feel the purpose of this, to buy off potential social discontent, has been served

After the EU referendum, the Electoral Commission released figures on the funds received by the two sides. They showed that the Leave side spent about £17.6 million and the Remain only £14.3 million. These were not contributions from grass-roots supporters but, on both sides, from individual capitalists. Since staying in the EU, and especially the single market, was in the overall interest of the majority section of the British capitalist class, how come that capitalists gave more to Leave than Remain? In fact, who were the capitalists who funded the Leave campaign, and why?

Among the dozen largest Leave donors were: Peter Hargreaves (£3.2m), Arron Banks (£1.95m plus a loan of £3m), Jeremy Hoskins (£980,000), Lord Edmiston (£600,000), Crispin Odey (£533,000), Jonathan Wood (£500,000), Patrick Barbour (£500,000), Stuart Wheeler (£400,000), and Peter Cruddas (£350,000).

What all these have in common (apart from most of them appearing in the Sunday Times Rich List) is that they are involved in hedge funds and other such financial activities.

It might seem strange since the City stands to lose from Brexit, that those who funded the Leave campaign should be financiers (other financiers funded the Remain campaign). But there are financiers and financiers. The City establishment tends to see some hedge fund managers as cowboys engaging in practices it doesn’t regard as entirely above board and which it is prepared to see regulated. It is precisely such regulation that the Brexit financiers wanted to avoid.

One of the Brexit supporters, the Tory MEP Daniel Hannan, let the cat out of the bag when, in an article in the Daily Mail (12 April), he painted a picture of what a Brexit Britain would look like in 2020:

“London, too, is booming. Eurocrats never had much sympathy for financial services. As their regulations took effect in Frankfurt, Paris and Milan – a financial transactions tax, a ban on short selling, restrictions on clearing, a bonus cap, windfall levies, micro-regulation of funds – waves of young financiers brought their talents to the City instead.”

That was their main aim, then, their manifesto for the referendum: allow all these practices which enhance their profits to continue. To achieve this, they in effect hired politicians, not just lightweights such as Hannan but also national figures like Boris Johnson and Farage, with a remit to go out and get a vote to Leave by any means. They didn’t really care about the NHS or immigration but left it up to the politicians to deliver. Which, against expectations, they did.

The rest of the capitalist class are furious with them but are going to have to adapt to the result. Most of them will want a deal with the EU that allows them continued free access to the vast tariff-free single market with common standards and its coming extension to services, even if this involves accepting some free movement of labour and a payment to Brussels. Some of the Brexit funders might well be prepared to go along with this as long as there is no regulation of their activities.

The sad thing is that so many workers were led to back this maverick section of the capitalist class in the belief that they were protesting against the ‘elite’, while in fact they were being duped into pulling the chestnuts out of the fire for a part of it. Workers of the world have more in common with each other than with their home-grown, local, regional or global capitalist class. Real equality comes from common ownership, production for use and equal access to the social product rather than a parasite class gleaning profits from a wage-enslaved one.

Technology has been used to tighten the screw on us instead of freeing us. We can have the world to run by ourselves, using the technology to produce a superabundance of necessities along with a self-regulating system of stock controls, access based on need, rather than priced demand, allied to production for use and not for sale, without elites, political or otherwise.

All wealth comes from the workers.

Workers have no country but a world to win.

It is not and never was OUR country.

A plague on all nationalisms.

Wee Matt