- Created: Friday, 08 June 2018 12:00
- Written by David Yaffe
It is possible to forget that behind the chaos, backstabbing and rifts in the Tory party over Brexit exists the very real question of the future course of British imperialism. The parasitic character of British capitalism leaves it increasingly incapable of withstanding the economic and political challenge of US or European imperialism as an independent global imperialist power. In this context the Brexit conflict is essentially a dispute between sections of the ruling class over two necessarily, totally reactionary outcomes for British capitalism – staying as part of a European imperialist bloc or leaving and becoming an offshore centre for usury capital under the umbrella of US imperialism.1 The recent decision of US President Donald Trump to pull out of the 2015 Iran nuclear deal and impose further sanctions on Iran and any countries and companies trading with Iran has dramatically highlighted the serious consequences for British imperialism from the eventual outcome of the Brexit conflict. David Yaffe reports.