- Created: Thursday, 10 August 2017 15:03
- Written by Barnaby Philips
The split in the Conservative Party which brought about the EU referendum has become an open wound since Brexit negotiations began in June. The ‘hard’ Brexiters in control of the government are not prepared to entertain talk of a transitional period after the March 2019 deadline that would push back the end of free movement and withdrawal from the Customs Union and Single Market. They harbour fantasies of an independent British imperialism that is simply no longer possible. Barnaby Philips reports.
The Brexit debacle is a manifestation of the deepening capitalist crisis and intensifying inter-imperialist rivalries. British imperialism’s relative decline1 forced its ruling class to make a decision it did not wish to make: become a junior partner of US imperialism or forge an imperialist bloc with Europe. With the US facing its own acute crisis under the presidency of Donald Trump, it is easy to see why much of the ruling class is determined to secure a ‘soft’ Brexit that would retain access to the Single Market and the Customs Union.