Bernard Connolly: the EU is an “explicitly anti-democratic”, crony capitalist state

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Britain is facing an important moment. Does it leave the European Union? Let’s hope for Britain’s sake (and ours) that it does.

(From Moneyweek)

What we’re going to start by talking about today is a subject which is covered at some length in this: the European Union and, specifically, should Britain be leaving the European Union. There’s a big question for you.

Bernard: It’s an easy one to answer, Merryn. Yes, of course it should. And it should do that because the European Union is explicitly anti-democratic. It aims at eliminating the rule of law. It aims at instituting initially a sort of crony capitalism state that would quite quickly transmute into a bureaucratic socialist state.

It is oppressive. It is hypocritical. It has inflicted enormous misery on all its subject countries, most obviously of course through monetary union, which was presented as an economic mechanism but was always intended… And we have a former Commission president, Romano Prodi, to vouch for this. It was always intended to create economic crises which would push people into giving up more of their sovereignty, democracy, legitimacy, freedom. And sad to say it’s been very successful in that regard if in no other.

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