Posts Tagged ‘Single Currency’

Dyson Claims Not Leaving Britain Because of Brexit; Still Hypocrite Though

January 25, 2019

There was outrage a few days ago when James Dyson announced he was shifting his company headquarters from Malmesbury to Singapore. Dyson was one of the leading voices for Brexit, claiming that it would allow us to trade with the rest of the world outside the constraints of Europe. Now that this has actually happened, Dyson isn’t so keen. And people have been understandably furious.

So furious in fact that Dyson has issued a statement denying that he’s leaving the UK because of Brexit. No, according to him, the decision was taken months ago. It’s all because he was afraid that the ten hour time difference between Britain and Singapore would make running the Singaporean plant from the UK difficult. Mike over at Vox Political found this story unconvincing, and he’s right. Mike asked

Isn’t it more feasible that he just wants to avoid having to pay increased import-export tariffs, and wants to avoid increased taxes that are likely if Brexit harms the economy in the way the experts expect?

See: https://voxpoliticalonline.com/2019/01/24/im-no-hypocrite-says-dyson-of-singapore-move-does-he-expect-us-to-believe-him/

Someone else who didn’t believe all this spin and horse sh*t was Zelo Street, who reminded their readers that 18 years ago, Dyson told the Beeb that he would leave the UK for the Far East unless we joined the European single currency. Yep, the single currency that has bankrupted Ireland, Portugal, Spain, Italy and Greece. And Andrew Adonis tweeted another reason, quoted by Zelo Street: Singapore signed a free trade agreement with the EU three months ago, so if Dyson moves his HQ there, he has more access to European markets. Zelo Street concludes

“Dyson urged Britain to walk away, even to the extent of not securing a deal with the EU, while all the time he was planning to move his HQ somewhere which would secure him access to … the EU. As the saying goes, you couldn’t make it up.

Do as I say and not as I do, says James Dyson. There speaks another phoney patriot.”

See: http://zelo-street.blogspot.com/2019/01/james-dyson-eure-hypocrite.html

But that is not all. As I’ve said before, Dyson’s a big, molten god of industry here in the West Country, and there was a report about this on the local Beeb news programme, Points West. Dyson, pictured wearing his ‘Harry Potter’ glasses, once again denied that he was leaving Britain because of Brexit, and said he would continue to maintain his plants in Malmesbury, Hullavington and Bristol. The piece interviewed a lady from the town’s chamber of commerce, who said they had absolute faith in him, and talked to some of the people there. It’s fair to say they had mixed opinions. Some were convinced that he’d honour his commitment to the town, while one lady was less sanguine, and said it made her furious.

I’m not convinced either. Dyson has repeatedly shown how little faith and commitment he has in Britain. As I said in an earlier article, he demanded that Bath give his firm more land a few years ago. When they were unable to, he upped and moved to the Far East. He could have remained in the UK, even bringing jobs to depressed areas like the north. He didn’t. He followed the usual neoliberal logic and jumped ship to take advantage of the Developing world.

He’s a hypocrite and a liar and I have zero confidence in his continuing commitment to the people of Britain and particularly the West Country.

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EU Politicos Attack Possible Trump Ambassador as ‘Malevolent’

February 3, 2017

Mike today has posted up a piece reporting that the leaders of the various groupings in the European parliament have written a letter condemning the current favourite candidate for US ambassador to the EU. This is Ted Malloch, a businessman. Malloch said last month in an interview with the Beeb that “I had in a previous career a diplomatic post where I helped bring down the Soviet Union. So maybe there’s another union that needs a little taming.” The EU’s leaders have said that Malloch supports the dissolution of the EU, and his views show his ‘outrageous malevolence’. They want him banned as persona non grata. Mike comments that it isn’t just Generalissimo Drumpf causing all the problems. It’s also his lieutenants, some of whom need to watch their tongue. Otherwise the union that will be tamed will be the US.

http://voxpoliticalonline.com/2017/02/03/trumps-tipped-eu-ambassador-is-malevolent-say-european-leaders/

I really don’t think there can be any doubt at all that the EU leaders here are correct. The Libertarians in the Republican party have a bitter hatred of the European Union as a quasi-socialist ‘superstate’ suppressing the individual sovereignty of the nations within it. It’s very much the same view as all the Tory eurosceptics and Kippers, who rant about the ‘EUSSR’. And it’s very much in line with this attitude that the Permatanned Dictator hailed Brexit as Britain taking back its freedom – causing massive offence to Scots, who voted against leaving – and wanting Britain to appoint the Fuhrage as our ambassador to the US.

Trump and the Republicans’ hostility to the EU is hardly disinterested, no matter how much it may be dressed up with rhetoric about national sovereignty. One of the goals of the Common Market, the ancestor of the EU, was to unite western Europe in a common trading bloc which would allow its countries to compete successfully with both America and the Communist bloc. Destroying the European Union would allow America to penetrate hitherto protected European markets and dominate the economies of the former member states. And then there’s the American and British Right’s bitter hostility to the welfare state and the European Social Charter, which gives European workers some basic constitutional protections.

Malloch’s appointment is just more economic imperialism from the American neoliberal elites, determined to destroy a rival trading bloc. The EU has very many problems. The single currency is a disaster, and the low inflation regime imposed by the German banking sector is responsible for massive poverty across the Continent. Quite apart from the Community’s extremely predatory and exploitative treatment of the Greeks. But in this instance, its leaders are absolutely right about Malloch and his master, Trump.

The TTIP and Corporate Power in Europe: Europe Inc.

January 16, 2014

One of the posts I put up to do way on Lobster’s review of a book analysing the structure of the EU and the way it is influenced and controlled by large corporations with little democratic accountability. I did so in order to provide a bit more information to Mike’s excellent post over at Vox Political on the TTIP and the way this will leave democratically elected national governments at the mercy of multinational corporations, and result in further dismantling of the British welfare state and the final privatisation of the NHS. In addition to the short book review I blogged about earlier, I found a much longer review of a book by the same organisation in Lobster 34, Winter 1998, which provides a little more information on the corporate and corporatist interests at the very heart of the EU. These are the organisations pressing for the destruction of the welfare state and the privatisation of nationalised industries across the European Union.

Europe Inc: Dangerous Liaison Between EU Institutions and Industry was the first publication of the Corporate Europe Observatory, a foundation based in Amsterdam set up to ‘monitor and report on the activities of European corporations and their lobby groups. They were also beginning to publish a quarterly newsletter, Corporate Europe Observer, with its first issue being published in October 1998. The newsletter cost about £10 a year in hardcopy, but was emailed free. The CEO could be contacted at ceo@xs4all.nl or at PO Box 92066, 1090 AB Amsterdam. They also had a website at http://www.xs4all.nl/~ceo/.

The main EU organisation representing the interests of transnational corporations (TNCs) and promoting economic policies that favour them is the European Roundtable of Industrialists (ERT). It is the ERT and the multinationals it was set up to serve that are behind the EU’s plans for ‘completing the internal market’ through the liberalisation and deregulation of a number of industries, such as energy, telecommunications, and transport, as well as the EU’s aim of promoting global free trade. They are also behind the use of ‘benchmarking’ as a tool used by EU decision-makers for comparing European industries with their competitors in the rest of the world. This is done by comparing wages, taxes, infrastructure and potentially all other areas. The ERT in general simply outlines general policy.

The formulation of detailed legislation favouring the multinationals is done by UNICE (the Union of Industrial and Employers’ Confederations of Europe) through its highly efficient lobbyists. This affects every aspect of European legislation.

The ERT has also produced a number of offshoots to tackle additional problems where necessary. In 1994, after the ERT had successfully placed the Trans-European Network infrastructure programme on the EU’s political agenda, it created the European Centre for Infrastructure Studies (ECIS). This has had an almost symbiotic relationship from its very beginning with the European Commission, with both aiming for the completion of the TENs programme.

The ERT has also become highly influential through the establishment of various EU working groups, which have often been set up by the EU on the ERT’s own recommendation. These include the Competitiveness Advisory Group (CAG), which also has official EU status, and which effectively doubles the ERT’s influence, and the Transatlantic Business Dialogue (TABD). The ERT was also the parent organisation of the Association for the Monetary Union of Europe (AMUE). This was the organisation behind European Monetary Union and the single currency.

The book also notes that there are thousands of other lobbying firms and organisations in the EU, of which the ERT, UNICE, ECIS and AMUE are merely four of the most powerful. One of the other lobbying organisations is EuropaBio, which campaigns for the abolition of restrictions on biotechnology. Another is the World Business Council of Sustainable Development (WBCSD), whose membership overlaps considerably with the ERT. It, however, describes itself as one of the world’s most influential green business networks.

The ERT and UNICE are responsible for influencing the EU’s Intergovernmental Conference (IGC) process. This has the goals of strengthening the powers of the European Council and Commission, and their ‘ability to act’, ensuring that the EU adheres to the schedules for the adoption of the single currency and the expansion into central and eastern Europe and for establishing global free trade. They are also responsible for combatting any revision of the EU treaties that might undermine their goals of promoting EU global competitiveness through the introduction of environmental or social legislation.

Small and Medium-sized businesses are also represented in the EU through a number of organisations, one of which is the European Union of Craftsmen and Small and Medium-Sized Enterprises (UEAPME). Although this is represented in a number of EU advisory bodies, it is excluded from the most influential of these, such as the Social Dialogue and the Competitiveness Advisory Group (CAG).

The European Trade Union Confederation (ETUC) is also represented in the Social Dialogue advisory body, along with UNICE and CEEP, which represents the public sector. The Social Charter states that ETUC has to be consulted, but globalisation and the creation of the internal market have undermined the trade unions national position. The employers’ bodies ensure that commitments to the Social Chapter are kept to an absolute minimum. There is thus very little that the trade unions both in the EU and at the level of the member states can do to force the employers to accept legislation aimed at improving pay and conditions for the workers.

The green lobby similarly has problems being properly represented in the EU, as it lacks the necessary financial clout and organisation. They also have difficulties getting access to the major officials formulating and developing EU policies and legislation, particularly in the European Commission. They have had greater success gaining access to the European Parliament. Industry is, however, far better represented here through giving MEPs job, assistants and presents. The green movement, at least when the book was produced in 1998, was strongest at the local and national level.

There is a group set up to promote dialogue between social and environmental groups, industry and public organisations, European Partners for the Environment (EPE). This has organised meetings on a variety of topics at the request of the European Commission, but has made no attempt to alter the EU’s development model, so that it will not immensely damage the environment or the EU’s peoples.

It was corporate lobbying that was behind the establishment of the Phare and Tacis aid programmes, set up to assist western multinationals wishing to expand into the countries of central and eastern Europe. Europe Inc ends with the conclusion

‘It is not enough to look at the democratic gaps in the EU decision-making structure to explain why corporate lobby groups have gained such a strong foothold in the apparatus. The strong grip of TNCs on European economies, which is a direct consequence of the creation of the Internal Market and increasing globalisation, must be challenged. Economic dependency upon TNCs leaves governments with little option but to adapt to the agenda proposed by corporate lobby groups. To effectively reduce the political influence of TNCs, European economies must be weaned from their dependence upon these corporations’.

Lobster has ceased publication in hardcopy, but is still very much alive on-line, including an archive of its back issues.

So there it is. The mass privatisation of public industries and utilities across Europe, the single currency, and the reduction in wages and working and living conditions for workers in the name of global competitiveness, are all the result of lobbying by multinationals and their organisations, like ERT. The TTIP is merely another step in this larger economic programme, specifically that of the TABD, but one that would have massively detrimental effects for national economies and working conditions right across Europe. It also struck me reading Lobster’s review of the book how much ERT’s aims resembled that of the authors of Britannia Unchained, who also demanded a reduction in British workers’ pay and conditions in order to make us compete with India and China.

The EU, Corporate Power, and the ‘Democratic Deficit’ at the Heart of Europe

January 16, 2014

Last night I reblogged and commented on Mike’s piece, over at Vox Political, on the forthcoming American-EU trade agreement, the TTIP, and how this will lead to further destruction of the British welfare state, the NHS and British national sovereignty and democracy in favour of multinational corporations, all thoroughly backed by George Osborne. Robin Ramsay, the editor of Lobster, is an opponent of the EU, though from a Left-wing, rather than Conservative perspective. His opposition to the EU is based on the way it undermines national sovereignty in the interests of multinational big business. As well as running articles on the propaganda campaigns by Edward Heath and his successors to persuade the British public to accept membership of the EEC, as it then was, Lobster has also published reviews of a number of books critically analysing the EU, its policies, and the role and immense power of big business within it. One of these was of the book Europe Inc: Regional and Global Restructuring and the Rise of Corporate Power, by Belen Balanya, Ann Doherty, Olivier Hoedeman, Adam Ma’anit and Erik Wesselius, published by Pluto Press in 2000, published in Lobster 39, Summer 2000.

The book was produced by the European Corporate Observatory, which had a website at http://www.xs4all.nl/~ceo/. The magazine considered the book ‘a devastating analysis of the various forums attached to the EU, which ensure that corporate opinion prevails’ and states as an aside that there are 10,000 corporate lobbyists in Brussels. The book provides immense information on the role of the Bilderbergers and other elite groups, such as the European Round Table of Industrialists and their PR firms, in setting up and managing the European Union.

The review begins with a very telling anecdote taken from Norman Lamont’s memoir of his period as Chancellor, In Office, about his meeting with the Dutch Finance Minister, Wim Kok. During their conversation the question came up, whether the European electorate themselves should vote on joining the single currency. According to Lamont, Kok was very firmly against letting the European peoples’ have a say in this vital question:

‘If we let Parliaments interfere (sic) in this matter then they may vote against the single currency and Europe will never find its destiny.’ This little snippet can be found on page 23 of Lamont’s book.

The single currency has been a disaster, and the austerity imposed by the EU authorities on countries such as Greece to manage the fiscal crisis created by the banking crisis has led to immense suffering and unemployment. Nevertheless, the big corporate interests that seek to control the European economy continue their demands for even greater control of the international economy. Osborne’s championing of the TTIP will give this to them, and cause even greater damage to the lives and livelihoods of everyone else in Britain and Europe.