Authority has been transferred to an international apparatus of unelected and unaccountable institutions designed to protect capitalist interests against any democratic threat to them.
Yes, the working class and the people can elect their local, national and central councils, parliaments and governments. They can even elect a sham European Parliament.
But all elected bodies must act within the ever-tightening rules, directives and treaties of the European Union, policed by the European Commission, the European Central Bank and the European Court of Justice.
Furthermore, the basic treaties of the EU are irreformable, unless left and progressive governments can win office in all the most powerful member states at around the same time and can survive the enormous pressure that big business would bring down upon them.
In Britain, the immediate reality is that a largely pro-EU Tory government has negotiated a bogus Brexit with the European Union’s hard-line pro-market, anti-socialist bureaucracy. It has carried out the wishes of the most powerful circles of monopoly capital in Britain — the banks, the giant corporations, the CBI, the Institute of Directors — represented in the business advisory council set up by Prime Minister Theresa May and Chancellor Phillip Hammond.
Big business wants to keep Britain as closely aligned as possible with the EU single market and customs union and their big business “freedoms” — the freedom to export capital, to establish in business anywhere, to trade with minimal regulation and to super-exploit migrant labour.
For the capitalist class, a bogus Brexit is better than a real Brexit, although the first choice would be no Brexit of any kind. That’s why, should May and Michel Barnier’s bogus Brexit be defeated in the House of Commons, big business will throw its weight fully behind the campaign for a second referendum.
They believe, in true European Union fashion, that the people must vote, vote and vote again, until they come up with the only acceptable answer. The people must learn to love “Big Brother.”
The tragedy is that, for more than two years, the Labour Party has utterly failed to defend democracy and popular sovereignty,
Corbyn’s plans for renationalisation, state-backed investment funds, direction of capital investment, regional development policy, regulation of trade, an end to compulsory competitive tendering, the restructuring of VAT and legislative equality for migrant workers all run counter to existing EU statutes.
The Tory government’s business advisory council, the CBI and the City know this and they have been reminded of it by the European Commission. That is why they fear a real Brexit — a People’s Brexit — and want a bogus Brexit or better still no Brexit instead.