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Showing posts from May, 2013

Winning the arguments against British isolationism

Back in the 1980s, I seem to remember the Militant newspaper often quoting from the Financial Times. The thinking of the Trotskyist editors was that the title represented the authentic voice of the bosses. If you wanted to have a true insight into the devious and calculating minds of the capitalist enemy, you needed to read the FT.

David Cameron should try reading it too. The letters page has recently been full of people explaining why leaving the EU is a bad idea. The arguments are various. One contributor explains the damage that an exit would do to the UK’s non-EU exports. (That’s because we currently benefit from dozens of trade treaties, which we’d have to renegotiate single-handed. ) Another talks of the improbability of our being able to negotiate a bilateral trade agreement with the EU when we exit. A third points out the madness of threatening Scotland with potential isolation outside the European bloc if it votes for independence, while planning for the whole UK to withdr…