Starmer is selling off the family silver to predatory capitalists

The UK is being privatised, the template for this is 86 free zones across England, Scotland, and Wales

EUROPEANPOWELL

I have said before that Starmer will align with Trump rather than the EU on matters such as free trade, deregulation, and neoliberal policies including free zones, that will lead to free cities.

This has already been born out by Starmer announcing a Govt partnership with Blackrock, the most criminally corrupt shadow bank in the world who are set to privatise the UK.

Starmer has just kneecapped the Competition and Markets Authority (CMA), a regulatory body who were essential in protecting the public from predatory capitalists such as Jeff Bezos of Amazon who is the 2nd richest man in the world after Elon Musk.

As Elon Musk is to Donald Trump, so Jeff Bezos is to Keir Starmer “The CMA’s deeply investigated reports on tech monopolists are used as the basis for EU regulations and enforcement actions” ‘Turns out Donald Trump isn’t the only world leader with a tech billionaire “first buddy” who gets to serve as an unaccountable, self-interested de facto business regulator. UK PM Keir Starmer has just handed the keys to the British economy over to Jeff Bezos.’ https://europeanpowell.substack.com/p/as-elon-musk-is-to-trump-so-jeff

 

On Tuesday the Labour govt sacked the CMA’s chair, Marcus Bokkerink, after complaints from big-business lobbies – and instead appointed Doug Gurr, a former country manager of Amazon UK and president of Amazon China. Then on Thursday, news emerged that the CMA was cutting 100 staff. This followed Keir Starmer’s veiled threat at an investment summit in October, when, in a hall full of US big tech officials, he warned that the CMA should “take growth as seriously as this room does” – implying that it should treat tech giants with kid gloves. Then, he appointed Clare Barclay, a top Microsoft official, to chair the Industrial Strategy Advisory Council.

Enter Blackrock. Blackrock (the world’s largest shadow Bank) is an American multinational investment company. It is the world’s largest asset manager, with $10 trillion in assets under management as of December 31, 2023. BlackRock has sought to position itself as an industry leader in environmental, social, and corporate governance (ESG). It has been criticized for investing in companies that are involved in fossil fuels, the arms industry, the People’s Liberation Army and human rights violations in China
Where do you suppose Blackrock’s interests lie now Britain is being rapidly privatised because of Brexit

Again Labour states unequivocally, absolutely no rejoin, no FOM, no SM, no CU.
The European Ombudsman opened an inquiry in May 2020 to inspect the commission’s file on the European Commission’s decision to award a contract to BlackRock to carry out a study on integrating environmental, social and governance risks and objectives into EU banking rules (‘the prudential framework’). European Parliament members questioned the impartiality of BlackRock given its investments in the Banking sector. So when Larry Fink, CEO of Blackrock endorses UK Labour and Sir Keir Starmer you should be absolutely aware that this company who have now purchsed Edinburgh Airport will add many more regions of the UK to their portfolio, not least in the 12 Freeports and 74 Special Economic Zones spreading like a cancer throughout Britain.

BlackRock Vies for the 2022 Corporate Hall of Shame – Little SisBlackRock’s governance practices and investments in fossil fuels, militarized policing, and weapons manufacturers harm communities around the world.https://littlesis.org/news/blackrock-vies-for-the-2022-corporate-hall-of-shame/

There are 74 Special Economic Zones and 12 Freeports currently being installed across the UK.

48 SEZs in England, 18 SEZs in Scotland, and 8 SEZs in Wales, 8 Freeports in England 2 Freeports in Scotland, and 2 Freeports in Wales. Free zones are tax havens that hand over govt powers to corporations, they come with relaxed laws, decades long licenses and corporate tax breaks, companies can ‘self-regulate’ meaning they can pollute, shred workers right and asset strip the public sector. Free zones carve up a country making states within states. Say goodbye to all UK public services, and hello to corporate-funded private police forces, ‘monitoring’ those unhappy with life in Sunak and Starmer’s 12 Freeports and 74 Special Economic Zones.
As the world’s top asset manager, BlackRock is a majority investor in almost every major publicly-traded company. It profits from those companies’ operations and, as a major shareholder, bears significant responsibility for their governance and the impacts of their operations across the world.

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Almost all of UK industry is owned by the US. This means Bits have to pay rent to access their own market. Rachel Reeves and Jeremy Hunt perpetuate the 40-year-old ‘big lie’ that is FDI – Foreign Direct Investment. Incoming investment has two forms: physical plants and new buildings OR foreign purchases from existing companies. Politicians such as Reeves and Hunt are known to confuse the two forms under the rhetoric of ‘economic growth and Britain being the best place in the world to invest’. Since the 1970s FDI has paved the way for govt ministers to literally ‘sell off the family silver’ to US private equity.

On top of that Starmer’s embrace of AI is all about automation and destroying people’s jobs.

Starmer picked up the baton of Sunak and Truss’s 74 deregulated Special Economic Zones, and 12 Freeports, Labour MPs, Mayors, councillors, Lords, and Baronesses were active board members of the Tories nationwide SEZs/Freeports consortia. Labour signed off 86 regions of the UK to the likes of Blackrock, PEEL Group, DP World, Deloitte, Blackstone, Chevron, and many more malign corporations with atrocious track records in fraud, environmental pollution, tax evasion, human rights abuses, banning of unions.

The UK is in serious shit and Labour could not be further from protecting the lives and livelihoods of British citizens. In rejecting an egalitarian vision of a healthy and balanced economy, this pro-monopoly government has revealed itself to be anti-business and anti-growth.

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This article (Starmer is selling off the family silver to predatory capitalists) was created and published by EuropeanPowell and is republished here under “Fair Use”

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