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The Brexit Vote And Endgame Time For The EU

BRExit_or_BRemain_Cartoon

  • The Brexit Vote And Endgame Time For The EU
    by Kevin Dowd,  • August 9, 2016, http://davidstockmanscontracorner.com/
    The Brexit vote was never just about whether the Brits would reject rule from Brussels. The real issues were much broader and felt across the whole EU—an arrogant and undemocratic elite, its disastrous economic policies and an increasing gap between haves and have-nots, the first being the cause of the second and the second the cause of the third. To paraphrase what one disillusioned British voter told The Guardian: if you’ve got money, you vote in; if you ain’t got no money, you vote out.


    In this context, I would like to quote two poignant open letters from European friends that were sent out just before the UK referendum. The first is from a group of prominent Greek opinion leaders. Their letter started with the:

    basic idea, as it was explained to the people in Europe, [which] was [that the EU] was a community of European nations infriendship, solidarity, mutual benefit and democracy: Basic European Values.

    It continued:

    Unfortunately, these inviting promises proved to be false or failed. There is nothing about freedom, solidarity or friendship in the European Union. The European Union has proven to act on behalf of the interest of banks, multi-national enterprises and groups in the shadow, as advised by professional think-tanks and lobbyists, not in favor of its people. . . . The European Union is designed as a cartel and typically, there is a lack of democratic structures and processes: democracy becomes a disturbing factor.

    read more.

end

August 11, 2016 - Posted by | Economics, GeoPolitics | , , , , , ,

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