There was nothing particularly earth shattering in the contents of the supposedly leaked Panama Papers which merely highlighted how the rich evade taxes through the likes of offshore tax havens.
Much of it has been pointed out before but because of the mainstream media’s constant obsession with issues like immigration, the EU, terrorist threats and crime in general, less attractive matters like global finance that lie at the heart of providing a voter awareness on how the real global economy functions plays second fiddle!
The British state isn’t going to jail David Cameron just because he’s a PM who once profited out of his Dad’s sold-off shares. Offshore tax havens are not illegal and their use is indeed a private matter! Making such integral organisations to the system such as offshore tax havens illegal would render capitalism itself as illegal so that’s just not going to happen despite all the bluster and demonstrations. Labour is not going to unseat the Tories on an unethical single feature of the system simply on account of a leak. It has to attack the Tories on all issues all the time.
With all this talk in the current EU referendum debate about the need to retain ‘sovereignty’ and ‘winning our country back’ to make our own laws conveyed by your patriotic correspondent Mathew Hannay (Letters, Lynn News, Tuesday, April 12) real sovereignty in any state is not vested in people under a different flag whether in or out of a particular capitalist union of states.
Real sovereignty is determined by the workings of monetarism and the ability to make profits upon which the entire economic system revolves and through which professional career politicians seek to get elected.
While Mr Hannay may prioritise withdrawal from the EU as being a make or break referendum and an answer to all UK’s economic woes, the reality is the EU has always been a capitalist club and that and all its exploitative and unstable features will remain whether the UK votes to stay in or out.
In reality, whether ruled from Brussels or Westminster, nothing will change.
One is no less immune to corruption and exploitation than the other but unfortunately there will be no government or UKIP leaflet outlining that stark fact coming through home letterboxes.
Nick Vinehill, Southgate Court, Snettisham