Capitalism is Dead, long live global corporatism

Capitalism is dead
Saturday, 3rd June 2017

Why some greedy bankers may want Corbyn to win

I had wanted to expand on my Brave New World thesis in relation to mounting calls from the trendy left and business leaders for a universal basic income. We now see an alliance stretching from social justice warriors, environmentalists and no-borders activists to corporate CEOs all advocating what is in practice a global welfare state. Since Facebook CEO, Mark Zuckerberg, joined SpaceX CEO Elon Musk to support UBI (universal basic income), it’s become clear to me that tech multinationals are planning for a future where most of their customers will not be workers, who earn money by providing services that big business needs, but citizens whose main responsibility in life will be social conformity and deference to the techno-elite. Just as we thought capitalism had won the great idealogical battle of the 20th century, it has now outlived its purpose as the primary engine of social and technological innovation. Capitalists rely not only on the exploitation of workers, but also on profits from the sales of their goods or services. As workers demand higher pay, shorter working hours and better working conditions, capitalists naturally resort to outsourcing and greater automation. The artificial intelligence (AI) revolution will redefine the relationship between businesses and customers. Previously the market worked by selling goods to workers who in turn earned a living through their productive endeavours. Now big business has dispensed with the need to have so many semi-skilled workers and as AI progresses, so will the minimum IQ required for remunerative work. Most of us could end up either being carers, reliant of state handouts, or being labelled subnormal and thus also dependent on welfare largesse. In the not too distant future the main responsibility of governments may be to redistribute wealth created by tech giants and to supervise their local population to prevent social breakdown. If most people depend on corporate welfare, albeit rebranded as universal basic income, it doesn’t really matter where they live. That’s why so much of the debate on mass migration misses the point. Naturally if the citizens of a given country wanted greater autonomy, they would need a sustainable population and cohesive community with shared values. In a traditional economy immigration can boost demand and fill skills gaps, but can also lead to unbalanced labour markets and social upheaval. By contrast in a world reliant on corporate welfare only a small minority of working age adults can fill a dwindling number of remunerative high skill jobs. Even most tasks performed by carers can be automated. Human carers can only outperform robots in advanced emotional intelligence and authenticity, both of which require cultural compatibility. If you just need some help dressing and bathing, you may well prefer a smart robot to an underpaid migrant carer with a poor command of your language. If tech multinationals are willing to bankroll universal basic income in Europe or North America, why should they not extend the same privileges to the rest of the world? If your sole role in life is to act as a good global citizen looking after your family and neighbours, then surely you could fulfil that role anywhere, but that would also subordinate all governments to the same worldwide technocratic elite. Nonetheless, my thesis remains incomplete as we see rifts in our ruling elites, some still favouring the illusion of laissez-faire capitalism.

Could Corbyn really win ?

However, events in the UK have kind of overtaken me. Just a couple of weeks ago most political pundits believed a sizeable Tory majority in the coming UK general election was a foregone conclusion. May’s local council election results would seem to back this up. Labour did fairly well in trendy cosmopolitan urban areas, while amazingly the Tories gained support among traditional working class voters with LibDems doing best in affluent leafy suburbs. Even in Scotland, which often bucks the English and Welsh trend, we saw the Conservatives pick up votes in some unexpected places as the main opposition to the dominant SNP (Scottish National Party). Then the mainstream broadcasters and social media campaigners began to present Labour’s policies in a much more positive light. Corbyn’s Labour now promises to renationalise the railways (something New Labour failed to do) and scrap tuition fees while naturally boosting social welfare in many other areas, all presumably funded by raising corporation tax and income tax for the top 5% who earn more than £100,000 a year. Labour has pledged to respect the outcome of EU referendum and prioritise training of British-born youngsters to address perceived skills shortages. More important, Labour has been much more active on the ground than the Tories. While Corbyn may not have the confidence of bellicose Blairite MPs, his leadership has energised an army of young activists, who true to their convictions have attempted to reach out to the working classes, whose confidence Labour have lost.

Islamic Terror rocks the Election Campaign

Last week’s bomb attack at Manchester's Ariana Grande concert shocked the nation. What kind of ideology could justify deliberately detonating a nail bomb in a crowded music venue killing 22 innocent revellers including many young girls? Even the IRA tended to target politicians, soldiers and adult protestants. This attack targeted carefree youngsters having a good time. Many have commented on the mainstream media’s reluctance to blame radical Islam head on. Britain’s growing Muslim community has many difficulties integrating with the country’s settled non-Muslim population with radically different cultural attitudes on sexuality, marriage, women’s rights, alcohol and gambling. More disturbingly the establishment media has suppressed the scale of mainly Muslim grooming gangs. Yet most people are smart enough not to blame a whole religion for the actions of a tiny minority of its adherents. Islamic terrorism seemed confined to a handful of trouble spots in the Middle East and Central Asia, until our enlightened liberal elite decided to intervene there to overthrow local regimes responsible for abuses of human rights. Rather than stabilise the region, Western intervention has unleashed a hornets nest of Islamic extremism that has spread its tentacles far and wide among the growing Muslim diasporas in the West. So rather than blame their Muslim neighbours, many voters have laid the blame for the murder of 22 innocent youngsters with the government and it doesn’t take a genius to work out that on foreign policy and arms sales Theresa May is much closer to Tony Blair than Jeremy Corbyn. Saudi Arabia has long been one of the major funders of Mosques, Islamic schools and madrasas in the West and the cradle of Wahhabism, the most virulent strain of Islam fundamentalism. Yet British governments have been happy to sell arms to Saudi Arabia, which currently spends more on military hardware than Russia, despite the former having a much smaller territory and fewer citizens to defend. Of course, one could also blame rapid mass migration and ethnic cleansing of some inner city districts, but that’s not something we can change overnight without triggering even worse social unrest. So when Jeremy Corbyn attributed part of the blame to UK involvement in recent conflicts in Libya and Syria, he had a point. Indeed Mark Curtis, author of Secret Affairs: Britain’s Collusion with Radical Islam, has detailed the Manchester suicide bomber, Salman Abedi, and his father were members of a Libyan dissident group, covertly supported by the UK to assassinate Qadafi in 1996 . Of course that does not fully explain why similar attacks have occurred in Sweden, Germany and most notoriously in France, except Islamic terrorists do not really distinguish Western countries they way we do. Theresa May’s response was to deploy army reserves onto the streets to supplement armed police, only revealing her earlier cutbacks in policing as home secretary.

The long and short of this whole sorry saga, is that in just two weeks the Tory lead over Labour has shrunk from 15% or higher (some polls showing staggering leads of 46% to the Tories with Labour on just 25%) to as low as 3% (The YouGov poll released on 01/06/2017 for the Times had topline figures of Con 42% and Lab 39). Corbyn’s Labour is now polling higher than the party did under Ed Miliband or Gordon Brown. Indeed even Tony Blair, despite enjoying the support the Murdoch press, only gained 35.2% of the popular vote in 2005 and just 43.2% in alleged 1997 landslide. Although I’m no seasoned psephologist, I suspect a marked movement away from the Liberal Democrats and Greens to Labour and only a much smaller trickle away from the Conservatives and UKIP to Labour. Most intriguingly, Labour seem to be doing best among affluent cosmopolitan professional classes, the youth vote (18–24 years) and of course among its special interest groups, the rainbow coalition of ethnic minorities, Muslims, gays, transsexuals and welfare dependents).

As discussed earlier, this heterogenous demographic is only set to grow in coming decades. Corbyn’s politics may seem like an anachronistic throwback to the 1970s, but his naive inclusive universalism may serve other long-term agendas brilliantly. The latte-sipping Guardian reading classes now loathe USA's climate change denying President and Vladimir Putin much more the Europe’s authoritarian politicians or a Labour leader in bed with a bunch of unreconstructed Marxists. Only ten years ago the bien-pensant metropolitan elite still supported Blair’s third way. Now they are throwing their electoral weight behind a more radical strand of globalism.

Derailing Brexit

Only a year ago, the outcome of Britain’s EU referendum signalled public discontent with enforced rapid globalisation. Ever since the Conservative Government have attempted to use this somewhat unexpected result to drive their own vision of a more globally connected Britain, while placating public concerns about unbalanced mass migration. Brexit, like most neologisms, means all things to all people. As said I have nothing against a community of European nations cooperating on many strategic environmental and economic issues. Indeed I’d prefer a European Community that stood up for the rights and rich cultural heritage of Europeans as a counterbalance to the growing power of China and India and as a bastion of liberal values threatened by authoritarian tendencies within Islam.

Amazingly Theresa May, who wanted to remain in the EU, has capitalised on public distrust of the European superstate, while advocating policies that seem perfectly aligned with those of Angela Merkel and Emanuel Macron. How could she possibly renege on her commitment to take Britain out of the EU with a slender Tory majority reliant on the support of fervent Brexiters such as David Davis, a curious politician with refreshingly honest views on personal freedom and military adventurism (he opposed many recent military interventions and many laws restricting personal privacy). However, with substantial majority, as Peter Hitchens suggested in his Mail On Sunday blog, PM May could safely ignore her nostalgic Little England colleagues and push through a compromise that would in practice differ little from our current arrangement, leaving large corporations as the main mediators between British and EU interests. But that scenario may not happen. Many reluctant Tory supporters (i.e. patriotic working class voters who used to vote Labour) could well stay at home, making the unthinkable, a hung parliament, a real possibility, except unlike in 2010 the LibDems may only muster a handful of MPs.

We may speculate on the growing role of social media. Both Twitter, which I use, and Facebook, which I don’t, have become intensely monitored outlets for virtue-signalling social justice campaigns, usually of the kind that the Corbynite Momentum group would wholeheartedly support. While I realise these days we only need a small group of graphic designers, video editors and Web developers to produce a polished media campaign, I sense the omnipresent hand of international big business behind the myriad campaign groups and NGOs that endlessly promote these awareness-raising spectacles. How else can migrant rights groups afford plush offices in expensive cities ? I really started to question the authenticity of today’s corporate left when Greenpeace (an organisation I used to support) supported the White Helmets, which as Vanessa Beeley has amply documented are little more than war propagandists bought and paid for by the US and UK governments.

They are clearly working in cahoots with a tangled web of trendy tech entrepreneurs, globalist bankers such as George Soros whose through his Open Society Foundation, countless NGOs bankrolled by big business and a motley crew of old school Marxists who have long dreamed of a borderless utopia.

I still predict Theresa May will win her snap election albeit with a smaller majority than initially hoped, largely because most older voters would rather side with the devil they know than risk an unpredictable Labour-led coalition, who could hasten the rate of cultural change.

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