China, the EU, and Globalism – Not Brexit – Killed British Steel

LONDON, United Kingdom – With the announcement that British Steel is days away from collapse failing a major UK government bailout, media organizations are already trying to point the finger of blame at Brexit – which hasn’t even taken place – for the failings of the privatized firm.

Thousands of jobs in the steel sector and more across the corporation’s supply chain will be lost if the government doesn’t bail British Steel out. But should it?

The company is run in private, and for profit. When small and medium small profits fail, they don’t receive government bailouts.

The real blame lies with the European Union itself, as well as Chinese dumping, oversupply, and the sale of core British manufacturing sector companies in the name of neo-liberal economics and globalism.


Raheem Kassam

Raheem Kassam is a bestselling author, Lincoln Fellow at the Claremont Institute, and former advisor to Brexit leader Nigel Farage

Previous Story

Today a Milkshake, Tomorrow A Brick: Corporate-Backed Political Violence Is Here.

Previous Story

Farage’s Eyes Power As Brexit Party Surges.

Latest from Politics

Try to Keep Up With Raheem.If you can...

Drop your e-mail address in below to keep up with the latest from Raheem Kassam.

We don't spam. If anything you'll wish we e-mailed you more.

But we won't. So there.