EU: stay and fight for a workers’ Europe
US President Barack Obama is expected this week to make a speech calling for Britain to remain in the European Union. When Obama does this, he is saying that Britain remaining in the EU is what is best for capitalism. However, what is bad for capitalism, in this case leaving the EU, is not necessarily good for workers. Remaining in the EU is also better for workers. European capitalism (which the US has an interest in keeping stable) has — in its own interests — substantially integrated Europe both economically and politically. By doing so, European bosses have also increased the possibilities...