Interesting article by the Daily Mail columnist Peter Oborne. He was a leading advocate of brexit but has now changed his mind and realised that leaving the EU will be a disaster. To give a couple of quotes:
Indirectly we will all be disadvantaged. The biggest and immediate losers, however, will be working-class people from England’s north-east, who are widely said to support Brexit. Some of them currently enjoy relatively well-paid and secure jobs thanks to foreign investment. A lot of those jobs will slowly vanish.
I can’t help noticing that those most vocal in advocating Brexit are two opposing camps. On the one hand traders in financial assets – in particular hedge-fund managers – relish the speculative opportunities created by Brexit volatility. The city state of Singapore is held up as one economic model. The United States is another. I cannot see that there is any popular desire for us to follow the business and employment cultures of such countries.
On the other side we have the far Left, which wants out of the European Union for the exact opposite reason. The Left sees the EU as a capitalist conspiracy because of the protections it offers for private property and the restraints against centralised economic power, in particular state aid. A very substantial faction around Jeremy Corbyn, including former members of the Communist Party, is looking forward to British departure from the EU because they rightly see that the EU prevents the imposition of socialism.
When hedge-fund managers and the Communist Party see eye-to-eye on any question, it’s time to be concerned.
A link to the full article below but I doubt many brexit fans on here will bother to read it.https://www.opendemocracy.net/en/opendemocracyuk/i-was-strong-brexiteer-now-we-must-swallow-our-pride-and-think-again/