dc:creator=seymourrichard   145

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All the Brexit you can eat | Richard Seymour on Patreon
To get a parliamentary majority, she and everyone else knows perfectly well that she must drop Tory 'red lines'. She must negotiate seriously with Labour MPs and unions, make real concessions on workers' rights, and offer serious investment to Leave-voting constituencies.

Yes, that means fucking over her own headbanger backbenchers and the DUP. Yes, it risks a schism. Yes, her parliamentary situation is precarious enough. Yes, it means giving something to Jeremy Corbyn. But consider the results of actually securing a deal. Currently, businesses are hoarding a lot of capital. In the last year, we've seen the longest downswing in business investment outside of a recession for fifteen yeas. On top of that, almost a trillion pounds in assets and investments has been withdrawn from the City in fear of a "no deal" Brexit. (They call this 'Brexodus', because of course they do.)

In the event of a deal, even May's dismal deal, all that investment comes flooding back in. Unless the inevitable recession hits before then, it means a significant bump in economic growth in an otherwise weak economy, a bonus for Treasury receipts and a chance for Philip Hammond to relax the purse strings. All that money being set aside for 'no deal' preparations could be handed out to government departments. The Tories would have delivered on an historic mission, the Remoaners would be temporarily marginalised, Labour would be weakened, and May would get quite a lot of cachet from affluent centre-ground voters for standing up to her nutters. I would expect the Conservatives to start polling in the mid-Forties if they achieved that. Given the degree of fragmentation of public opinion on Brexit, any definite resolution would likely be welcomed. That would surely weaken the hand of right-wing splitters.
UK  EU  Brexit  withdrawalAgreement  meaningfulVote  MayTheresa  politics  ERG  ToryParty  redLines  strategy  dctagged  dc:creator=SeymourRichard 
march 2019 by petej
Brexit and Europe from the perspective of a citizen of nowhere | Richard Seymour on Patreon
A brisker way to put this is that capital can't be a citizen of nowhere, because it is loyal to what exists. The name for ‘nowhere’ used to be utopia, literally a non-place. To be a citizen of nowhere is to be a utopian, to have loyalties to a country that doesn't yet exist. And it may be the only space from which the apparent choice between Europeanism and racist nationalism is apprehensible as a double-bind.
Europe  identity  mythology  history  migration  borders  Frontex  refugees  Mediterranean  Turkey  Brexit  Leave  Islamophobia  UK  politics  territory  capitalism  dctagged  dc:creator=SeymourRichard 
february 2019 by petej
Our very British fake news industry | Richard Seymour on Patreon
Increasingly, with the rise of the platforms, this old school smear machine is losing ground. It is a product of Cold War era print monopolies and the relationships with states and para-state operators developed in that time. This isn't the basis for triumphalism. As the story of dark money, Cambridge Analytica, Breitbart, and the role of sock puppets and trolls involved in online propaganda demonstrates, a new rightist machinery is gradually emerging. It is less powerful for now, but also nastier and less restrained. And since it may be losing a wider cultural battle over the long term, it is apt to become rather desperate.

Still, we are where we are. These smears might have worked once. They might have finished off political careers. Now the only careers that look weaker as a result are on the front-bench. In other words, the moral panic about 'fake news' has come at a time of unique crisis -- of both profitability and authority -- for the fake news industry. That's what the discourse is concealing.
UK  politics  CorbynJeremy  LabourParty  espionage  smears  tabloids  misinformation  MurdochRupert  ToryParty  Sky  FoxNews  GuidoFawkes  TheSun  alt-right  Breitbart  CambridgeAnalytica  dctagged  dc:creator=SeymourRichard 
february 2018 by petej
LENIN'S TOMB: Labour and immigration
The debate about migrant labour is structured around the red herring of whether 'free movement' undercuts UK-born workers in terms of employment and wages. Even if there were significant evidence of it doing so, it would be a red herring, since the grammar of the question is wrong. There is no abstract 'free movement', only the freedom of movement within a given economic and policy context. You can have free movement on a neoliberal and racist-exclusionary basis -- which, indeed, is part of a system which does disadvantage UK-born workers as well as migrant workers -- or you can have free movement on a socialist, or at least social-democratic, basis.
UK  politics  LabourParty  immigration  EU  freedomOfMovement  SchengenAgreement  London  employment  pay  wages  exploitation  dctagged  dc:creator=SeymourRichard 
july 2017 by petej

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