Brexit Britain, in its splendid arrogance, is wilfully disregarding the fundamental rule of finance; that time is money, and every passing moment of uncertainty – with the ongoing weakness of the pound – is costing the banks and (more importantly) their investors hundreds of billions.
This pattern of behaviour merely underlines the fact that banking and finance are instruments of government, or the possibility of something worse; that both the government and the banking apparatus are instruments of a bigger, more hidden agenda.
Capitalism and Neoliberalism are in many respects similar economic ideologies, but as socio-political realities they are very different beasts. Even the way in which we speak of them indicates that there is something of a difference between the two.
This is the near limitless supply (estimated to be in the hundreds of trillions of dollars) that is used to persuade nation states to bend the knee to the march of neoliberalism.
This is the sort of paper money that is measured in tonnage rather than dollars which has accrued to itself the power to take flight to tax havens around the globe in the twinkling of an eye; the type of wealth that buys the influence to dictate to states, and to direct their national and international policy – all to the ends of profit irrespective of the needs of human beings.