TIG & Big Business Politics

The assumption that a second referendum would lead to a different result is at best delusional. As the dust settles on the creation of a new political ‘company’, with their central goal to reverse Brexit. This shows contempt for the millions of people that sub-consciously likely voted to leave the EU as a result of the years of austerity and the failure to protect ordinary people with welfare provisions.

The Independent Group backed by big business as the pragmatic politics that the City of London has been calling for, is the latest example of how the establishment has learned very little. Jeremy Corbyn has likely concluded that a 2nd referendum would deliver the same result. You may regard this as good politics. What the TIG risk, however, is if the same result is delivered, that it would likely be a mandate to leave the European Union without a deal, something that would cause lasting economic hardship to the majority of British people. They have been given a mandate by their financers to attempt it anyway.

Say the result were overturned, the divisions would only deepen, it would be like sending an ambulance to repair the Denali fault line. The issue would hardly go away, god help us if this is the rationale. How the TIG or any campaigner working to reverse Brexit expects to remain in the EU and have a Tory government at the helm really is beyond belief.

Though the Chancellor proclaimed an end to austerity late last year, the reality for many is much different. A week does not go by, without new statistics published on child poverty, employment figures that are deceptive beyond belief and stories of the DWP and its cruel treatment of those most desperately in need. This is the reality of our domestic politics, the fixation on the issue of our European Union membership means that campaigners have once again failed to look past public opinion and politics in London. London is an echo-chamber much in the same way that is Twitter is.

My previous TPN articles on the matter show that there was a direct correlation between the negative impacts of globalisation and the likelihood that a person voted to leave the EU. As Dani Rodrik put it, a failure of states to protect the winners and losers of globalisation will likely mean that electorates force their governments to dismantle global trade links. This is nothing new.

You may, as I do, disagree with the circumstances under which the referendum result was delivered, though if the U.K. is to truly overturn the negative sentiment towards the EU then it must address its domestic politics. I despair at the number of times I’ve seen illogical arguments to support a person’s reason to leave the EU, though the common denominator is that it’s a vote to reject elitist Westminster politics.

It will be a grave day for British politics should a second referendum be called, what it seeks to resolve I am not sure, you feed only the ego and line only the pockets of far-right personalities such as Nigel Farage. Big business would do worse than to lobby Government for greater welfare provisions, paid for by an increase in corporation tax, this would be an admission that they recognise that they must do more, it would also be an admission of guilt. Guilt that it has manipulated ideologues in Government for too long and that the environment for change is now.

Seb Chromiak is Deputy Editor in Chief at TPN and studies at the University of Manchester

Twitter handle: @sebchromiak

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