Diana was responding to the riposte to Professor Minford made by Molly Scott Cato whose work she has long admired:
“She has made a much neglected point about all those small overlooked timing and communication factors which should be taken into account in any rational economic decision.
“However, in my view, the referendum decision of 2016 should have been debated much more fully and three-dimensionally beforehand.
“Brexit is essentially not just about economics, statistics and accountancy (which was, I believe, the main reference point), but about affirmation of much more lasting and enduring issues such as political and cultural unity, integrity, solidarity, harmony and mutual humanitarian support in the face of creeping materialism overruling basic human values”.
Colin has recently taken a lot of ‘flack’ because of his views on immigration rather than his economic prescriptions, but many post-election (Corbyn, Brexit, Trump) analyses now recognise the widespread anger on both counts.
Under the Guardian’s heading: Trump’s victory a wake-up call for Europe, he opens by saying that journalist Martin Kettle is correct (It is easy to hate the man, essential to learn from him, 11 November) that Trump will be the first president in recent times to be both anti-liberal socially and also economically.
Pointing out that the extreme right in Europe is going down the same electorally successful path, with policies geared to both limit immigration and replace globalisation, Colin sees them filling the vacuum left by the failure of the Democrats and the centre-left in Europe.
This was/is a failure to understand economic insecurity was the cause of voter dissatisfaction – and inadequately controlled immigration.
Trump and Farage offered a solution to worries about job losses with a promise to tear up trade agreements and oppose the TTIP and addressed widely held worries about levels of immigration. Colin ends:
“To have any chance of seeing off next year’s otherwise inevitable electoral rise of the extreme right in the Netherlands, France and Germany will mean that the centre-left, continent-wide, will need to develop a vote-winning programme for tackling both economic insecurity and uncontrolled immigration between EU countries.
“It must begin by calling not only for managed migration, but also demand controls on the free movement of capital, goods and services to allow the rebuilding of national economies, and to bring an end to the damaging deification of open markets, which has bought us Trump and Brexit and maybe next year a President Le Pen”.