The statement below was published on June 24 by Momentum, a grassroots group within the Labour Party that seeks to organise in support of the left platform of Labour leader Jeremy Corbyn.
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Yesterday, the British people voted to leave the European Union. Momentum, which campaigned to remain in the EU in order to transform the EU, respects the decision taken by the electorate.
Supporters of British Labour Party's socialist leader Jeremy Corbyn.
Despite his insurgent campaign scoring a string of impressive against-all-expectations wins, Bernie Sanders’ campaign for the Democratic presidential nomination was declared all but dead-and-buried after Hillary Clinton won a clear victory in a controversial New York primary marred by irregularities on April 19.
The biggest barrier to the rational economic policies of Jeremy Corbyn, the socialist leader of the British labour Party, is the huge profits the super-rich are making from irrational ones.
The Bank of England has shelled out £375 billion in “quantitative easing” since the 2008 crash. It has, quite literally, created electronic money out of nowhere and used it to buy up financial assets held by the banks. The idea has been to pump “liquidity” — lendable money — into the economy.
Jeremy Corbyn. Photo: Stopwar.org.uk.
Jeremy Corbyn’s election as Labour leader has raised hopes for people who oppose Britain's wars. More than in any other area, it will take a mighty effort to make those hopes real.
There is no other area in which national politics so ignores the population at large. On the economy, health, education and so on, there is at least debate.