The red tories are in substance worse than the blue tories for the poor and former working class. This betrayal can only result in the rise of Reform, just as Blair and ‘New Labour’s’ failure to protect its former constituency led to brexit. In the future brexit very well might be viewed as the warning shot that was ignored.

If capital, which ultimately directs British society, gave a shit one way or the other, it would prefer fascism over any kind of socialism, so it is happy. This isn’t managed decline, it is simply that the plight of poor people (or almost anyone almost all of the time) is irrelevant to capital. We have printed our own currency for more than fifty years and yet we still borrow from, and thus are beholden to some degree to, the city of London. They deploy the vast majority of the GBP’s in existence for their profit, the rest of us just live in the detritus.

Is this part of that recent trade deal with the US?