The Swiss bankers are quite franks they believe that the fact that British capitalism ie so much in debt to them gives them the complete right to intefere with Britain's economy, industrial relations and politics, It in, of course, their right to hold such views,but the rub is that Mr. Wilson has shown no sign of disagreeing with them, All his talk about the stubbornness of the seamen can be answered with the enquiry: is he reflecting the stubbornness of the Zurich bankers? Who is supposed to govern this country - Parliament or foreign financiers? In the past socialists have posed the question of the class nature of the state from a theoretical point of view - our explanstion of this phenomena has been made difficult by the care with which the capitalist class takesto hide the fact, Now it comes right out into the open, Mr. Wilson and his supporters can be seen by all to be not merely the "saviours" of British capitelism but the protectors of the interests of foreign bankers in this country, ‘the question of what the British people vote for is irrelevant: he who pays the piper calls the tune, ‘When the workers of Britein voted solidly for Labour on March 3lst they did not vote for a policy of wage restraint (or will it be a freeze?), but that doesn't matter, So once more the lesson is clears: cither Labour follows a socialist option or it ends up by doing the dirty work that not even the Tories can get away with.
The WeekThe Week Vol. 5, No. 24, 16 June 1966
Zurich or Westminster?
The scan: The Week v5 no24.pdf (PDF, Marxists Internet Archive, opens at this page)
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