Britain’s Brexit circus: May premiership hanging by a thread Today was supposed to be the moment of truth, when Parliament voted on Theresa May’s ‘precious’ Brexit deal. But, at the 11th hour, the Prime Minister postponed her judgment day and announced that the vote was to be put on hold. A new decision date has not been set. But time is rapidly running out for British capitalism.
Britain: May government humiliated as Brexit vote approaches Karl Marx once remarked to Friedrich Engels, his lifelong friend and collaborator, that there were sometimes uneventful decades in which years passed as though they were just days. But, he added, “these may be again succeeded by days into which years are compressed”. The current period in Britain is like the latter. Events are moving at a blistering pace.
The new British disorder The strategists of British capitalism are getting jittery. Even the Chancellor of the Exchequer, Philip Hammond, is worried. Capitalism is having a bad time of it. Conservatives, he said, should continue to make the case for the market economy — a model which had evolved “down the ages”. “This mission is urgent,” he stated recently. But why the urgency?
