Over the weekend, Britain’s Labour Party held an election to vote for their next leader after the conservative Tories swept through a majority of seats in the House of Commons last May. And with Labour in veritable turmoil from years of declining support, the winner of the election was an interesting man named Jeremy Corbyn, who is not only a radical leftist, but an extremely opinionated Marxist who wants to radically change Britain at a time when the world is rushing headlong into economic crisis.
Jeremy Corbyn, the infamous Karl Marx admirer, has been elected UK opposition Labour leader. Corbyn is really communist who professes an admiration for Karl Marx. He is the new face of Britain’s opposition Labour party which will help to make a British EU exit more likely. The Marxist sophistry is rob anyone who has more. They never understand that we all provide our piece of the economy that creates the whole. Many are starting to realize that this could be the downturn for Britain. – Armstrong Economics
Yet Corbyn’s unlikely victory is not simply an isolated event, and represents a microcosm in politics that occurs periodically when wealth disparity between the elites and rest of society reaches a climax. In the U.S., support for another radical socialist is not only gaining steam, but threatens to overtake the Democratic Party message as well. And in fact, with Bernie Sanders suddenly ahead of Hillary Clinton in the polls for the 2016 Presidential election, public ire against both conservative and progressive parties in America is facilitating a paradigm shift for a candidate that is in complete opposition to everything America stood for in the founding of the country.
At the heart of nearly every revolt, rebellion, and radical change against the political status quo is a belief that a select few have positioned themselves through theft or largesse to have extinguished the hope for success for the rest of the population. From the French Revolution, to the Communist scare in Europe during the years of 1848-1849, to 70 years later with the overthrow of the Tsar in Russia followed by radical shifts even in the U.S. during the Great Depression, economic disparity is always the catalyst for a breakdown in the fabric of a free society because it is not always about having enough actual material wealth, but instead about not having the hope and vision that one can actually have a chance for success and achievement when the game is rigged against them.
Ie… how a man using the rhetoric of ‘Hope and Change’ could come from nowhere and win the highest office in the land despite his never accomplishing anything, and in his six years of office never fulling any real promises.
History revolves in cycles where bad times follow good, and the pendulum shifts from conservative to radical when greed and despair outweigh true hope of a better tomorrow. And what we now see going on in places like Britain, France (Marie LePenn), Italy (Beppe Grillo), and of course the U.S., are the results of policies created by both governments and Wall Street equivalents which choose to protect a select class of elites to the detriment of the majority who now find themselves willing to reach towards radical elements in a backlash to the consequences of cronyism, greed, and corruption.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.