Thursday, 15 April 2010
We need a mainstream Eurosceptic party
Last night on Newsnight John Redwood and Jon Moulton discussed the take over of the 160 year old Cadbury, by Kraft, with Jeremy Paxton - it was a depressing program for anyone who believes it is important to the nation that iconic British companies stay British owned, whether from a sense of national identity, or simply to protect the company against asset stripping and the loss of British jobs.
The program compared the take over of Terry’s, who make the Chocolate Orange, which was produced in York until Kraft took them over, but are now made in Poland, Sweden, Belgium and Slovakia with the loss of 350 jobs. As a member of the EU and since the government has made itself impotent in this respect, there is little or nothing that can be done to protect the 6000 employees who work at Cadbury. Since Kraft has borrowed heavily to buy the company it is assumed they will wish to make substantial savings.
Listening to John Redwood, a politician who believes in international free market capitalism, it is clear that, for him, this system is a sacred law and that we should just accept its ramifications. However, for a, virtually bankrupt,
nation such as ours, there is a real danger that British companies could be stripped bare over the ensuing years with a vast loss of British jobs or a substantial reduction in pay rates.
Although France do much more to protect their companies, they, as we, are governed by EU law, that was to much of an extent, designed to benefit global corporations and international capitalists. It does not take a genius to realise that, projected forward a few decades, rather than being a system which raises the standard of living for the people of those nations involved, it reduces the highest to the level of the lowest!
If there is a workforce in India, China or Eastern Europe who are prepared to work for less than British workers they had better watch out, for apart from those jobs which must be performed here, nothing is safe - truly economics red of tooth and claw.
Stuck as we are in the EU, it is only through a eurosceptic party that anything can be done to alleviate this situation. Having recovered our right to self determination, by leaving, significant protection could be introduced to prevent a large proportion of British workers from facing this threat.
One more reason for the eurosceptic parties to work hard to develop a party that can challenge the mainstream parties at Westminster - either by amalgamation or alliance.