Welcome to the People's Voice Podcast. Visit us online at www.peoplesvoice.ca

By Robert Griffiths and John Foster 

The UK-EU trade agreement is a compromise between the interests of British state-monopoly capitalism on the one side and those of German and French monopoly capital – represented by their states and the EU – on the other.

The Communist Party of Britain has consistently pointed out that the big monopoly capitalists of Britain and the EU have sufficient interests in common to reach a deal, however unlikely the prospect at any particular time. But such an agreement was never intended by either side to benefit the working classes and peoples of England, Scotland, Wales or the other countries of Europe.

This new deal frees Britain from the sovereignty of the EU, but not from the sovereignty of big business whether British, European or American. It seeks to maintain the domination of capitalist free market rules and policies across a European single market, enforced through British law, World Trade Organization rules and new UK-EU arbitration mechanisms.

Read the article in full.