Socialdem. 21st Century

In one of the best and laugh-out-loud funny moments of commentary on Brexit:[embedded content]Yes, Peter, it’s good to know they were in tears – all those scumbag New Labour neoliberals, career politician hacks, and Blairite war criminals. An actual sensible Left in Britain ought to be overjoyed at this development, for the modern Labour party is mostly an arrogant, out of touch, middle class party of neoliberals, regressive leftists and purveyors of poisonous identity politics.I’m not sure...

Very nice analysis from Bill Mitchell here:Bill Mitchell, “Why the Leave Victory is a Great Outcome,” Billy Blog, June 27, 2016.Bill recounts his experiences after strongly supporting the Brexit vote:“On Friday morning (Australian time), as it became obvious that the Leave vote would win, I tweeted that it ‘Looks like it will be a great result for UK. Now British labour has to abandon its neoliberalism & provide people with a progressive future’.I was met with immediate hostility by...

This is becoming more and more clear now. [embedded content]And now there is a full scale New Labour revolt against Jeremy Corbyn going on as we speak.If Jeremy Corbyn is smart, he will now (1) come out as strongly anti-EU, (2) purge the Blairite and New Labour scum from the leadership, and (3) finally reject open borders and catastrophic non-EU mass immigration too, and make a massive bid to win back the working class. But I am not holding my breath on (3).

How many times do you have to have it explained to you?Repeat 10 times before going to bed:Free Movement of Capital + Open Borders = Neoliberalism.In extreme form, it would be laissez faire capitalism of the worst type, which Murray Rothbard, in his heyday, would have salivated over.There is nothing wrong in principle with carefully controlled immigration, and it is a perfectly good left-wing point of view. The current generation of young leftists educated in Postmodernist, regressive left,...

Of course, we’ve been flooded by them now. I’m afraid most of the left fails to properly understand Brexit. Yes, the anger at the economic malaise since 2008 has had something to do with it, and no doubt the sense of anger that democracy is being stolen by the EU as well. But there is something missing from the various analyses.A sample follows.Yanis Varoufakis, whose pro-EU dream world I have no time for, weighs in here. He says that, while campaigning for the UK to remain, arrayed against...

What a wonderful day! I have to say that, privately, I was pessimistic and thought “remain” would win, but then this stunning result happened. This is the best political news in years and a savage blow to neoliberalism.[embedded content]52% of those who voted chose Brexit, compared with 48% for remain.See the news here and here.More news as it comes in!Update 1 It seems that Scotland largely voted to remain in the EU. But it would be madness – sheer madness! – for Scotland to leave Britain...

If the Master were here... Just as Keynes condemned the interwar gold exchange standard in 1931, it is unlikely he would have had anything but contempt for the modern EU:[embedded content]

Time for Britain to get off and abandon ship!:

In the video below, Andrew Marr asks Corbyn whether open borders has become extremely unpopular with Labour’s working class voters, which is a plain truth (here, here, here, and here). His answer?[embedded content]Corbyn’s response: no, it’s all a conspiracy by the right-wing newspapers and (apparently) there are no significant downsides to mass immigration of any kind (such as, for example, overpopulation, soaring housing and rent costs, holding down of real wages, competition for scarce...

See also here.Time to end it before it goes on the rampage again! It’s already destroyed Ireland, Greece, Spain, Portugal and Italy. Who is next?And the delusional pro-EU left thinks they can “reform” this monster. Good luck with that, Yanis.