Surviving Capitalism (Not) : Richard Wolff on the money behind Brexit

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, March 14, 2019

Richard Wolff on the money behind Brexit

Economist Wolff gives his interpretation of what in going on in Britain over the Brexit issue.

But first, RT reporter Eisa Ali brings up-to-date on the main facts about Brexit, the past vote to leave membership in the European Union. The main facts are that Britain is not prepared for leaving which by law is March 29th because they don't have import taxes and customs like they did before. Perhaps the Parliament will simply extend this deadline beyond March 29, 2019.

The socialist economist sees it as the British people's surprising rejection of the economy since the collapse in 2008, much like the surprising election of Trump in the USA, and pits the rich financial sector against the people in general who are dissatisfied with the continuing poor economic conditions.