When I woke up on June 24th and checked the news, I cried. Along with millions of people around the world. I’m a diehard believer in independence, freedom, democracy, and strong local economies. For some, the Brexit result represented those things. If that had been the reality, I would’ve supported it too. But like every other choice offered in the global economy these days, Brexit was a false one. Getting out of Europe does nothing to address the real problems in UK society—or the world. We’re … [Read more...]
Why Global Capital Fears ‘Brexit’
A referendum in Britain will soon be held on the ‘Brexit’ question. While the leadership of the ‘Leave’ and ‘Remain’ camps portray their positions as fundamentally different, neither side is challenging the stranglehold of corporations that run the global economy. Their econometric, growth-based arguments focus primarily on which alternative will enable Britain to cut a better deal within a corporate-controlled global market. If we are to have any hope of avoiding further climate chaos, fear, … [Read more...]