EuropeanPowell Profile picture
May 8 10 tweets 4 min read Twitter logo Read on Twitter
Shanker Singham, 'once the new (de)regulatory framework is set, it cannot be undone'. Tories have stakes in many properties, once they are ejected from Govt they will team up with property giants to run whole regions of the UK beyond Govt reach. #Brexit
Don't assume Labour isn't involved either. The enterprise/full fat/investment zone is the next post-Brexit nightmare that will install a patchwork of mini-sovereignty's eventually rendering the UK as one big tax haven.
bylines.cymru/voices-lleisia…
'Discipline over democracy' Lee Kuan Yew said 'Growth must come before sharing, let some people get rich first'. Tories 'growth and prosperity BS is to prevent 'Govt interventionism' it's all about putting profit share over wage share with new private laws
“The EU is the only place where these freeports really don’t exist …” Rishi Sunak, Today Programme, 1 August 2019
Do public think soon-to-be ex-Govt Tories will have nothing to fall back on? Deregulated Freeports and investment zones will be extremely lucrative for them, while people who toil in those zones will suffer loss of rights but will be too desperate to leave
Royal Ins. of Chartered Surveyors do not serve the public interest, they're a powerful lobbying group for venture capitalists with a direct channel into Govt. Housing crisis is no accident, a calculated product of an elite group.
A supply of foreign and domestic labourers moving between city and countryside, mini zones 'permit' town and village enterprises to produce and sell for larger markets dominating the region. Sunak deregulated SEZs will do much the same thing. #Brexit
You have the far right Tories and centre-right Labour, both pro-Brexit and anti-EU. Deregulation entails a total lack of managed capitalism, this will lead to economic governance aimed at sowing confusion, division and hardship. We need a new social contract. Image
Deregulation, the REUL Bill means newly written laws favouring corporate hegemony, profits over wage share, corporate rights over human rights. Corporations set terms of new trade deals facilitated by Govt, this leaves citizens as mere spectators of their own fate. #BrexitReality

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More from @EuropeanPowell

May 9
Always loved this text piece from Bruce Nauman, couldn't be more apt for today's 'Don't Look Up' crowds. Image
We need something exceptional from our current crop of political leaders, something that rewrites the social contract as an absolute counter to the ruin that illiberal policies and libertarian economics are unleashing on citizens.
The whole point of the post-war social contract was to create an egalitarian economy where profit share was in balance with wage share. 'Managed capitalism' over 30-40 years saw a broadened prosperity and an economy that grew at record rates.
Read 12 tweets
May 9
'UK free trade zones under an EU scheme were introduced in 1984 but were progressively phased out in the decades that followed. In March 2021, it was announced that 8 new freeport zones would be set up in their stead'.
This is Brexit dystopia.
locuseconomica.squarespace.com/united-kingdom
No one is paying attention to the post-Brexit corporate takeover of the UK. Sunak knows his Freeports could not function in the EU because of protectionism and regulation. He is remaking the UK into 1 giant-tax haven. Charter cities next.
miro.com/app/board/uXjV…
'Access to reliable public transportation that facilitates workers’ daily commutes'. There remains some challenges to overcome in terms of zone operational efficiency for Kigali to be as effective as other zone implementations around the world'.
No shit.
adrianoplegroup.com/post/kigali-se…
Read 8 tweets
May 5
What do the Tories mean by their championing of ‘Singapore-On-Thames’ post-Brexit freedoms bonanza? Thatcher kickstarted the turn away from Europe with her wish for ‘a kind of free-trade and non-interventionist Singapore’.
Singapore and Hong Kong are indicators of economic governance where the short-circuiting of democracy was the key to their successes. Singapore’s troubling working classes were bypassed in favour of bringing in foreign workers who could be hired, fired, and then deported.
The state shaped Singapore’s success, not the free market, it set up massive land reclamation projects around its coasts using sovereign wealth funds and ‘plugged in’ to multinational corporations. Singapore avoided years of development by bringing in tech and a foreign workforce
Read 18 tweets
May 3
It's a charter city and they are coming to the UK because of Brexit and mega deregulation, it starts with Sunak's Freeports, then his investment zones, then corporations running the regions with their own private laws beyond Govt reach. #Brexit
theguardian.com/world/2023/may…
Sunak went to Stanford, his mentor was Prof.Paul Romer, charter cities advocate. Shanker Singham is a Govt consultant on enterprise zones where he set up his own program at Babson Global developing E-cities where laws are services that companies demand.
How can the msm not be suspicious when corporate tycoons all around the world are implementing whole cities with SEZ's that are anti-democratic? This is insane, 3rd country Brexit UK is ripe for the taking, a privately elected oligarch PM whose mates are libertarian whackjobs.
Read 6 tweets
May 3
An excellent read here on Shanker Singham's insidious influence on @PrifWeinidog by @FiveByFiveTimes
I cannot fathom why the Welsh FM has signed off on 2 Freeports in Wales with one of the most dangerous r/w libertarian Govt consultants in the world.
bylines.cymru/politics-and-s…
@PrifWeinidog @FiveByFiveTimes Worried about 2nd homes in Wales? That's nothing compared to 2nd cities owned by corporations with their own laws with zero Govt oversight. That is Singham's speciality. Wake up Welsh people.
A plutocratic city, where ultra-wealthy property developers buy up public land worth 100s of millions for a fraction of its worth. The poor are expelled from these NIMBY enclaves, the prerogative of the Special Investment Zone is mini-tax havens for off-shoring wealth. #Brexit
Read 10 tweets
May 1
Dear Liverpool residents, are you aware of the stranglehold Truss and her brethren have over your futures? Truss despises balanced redistribution of GDP, Hunt has picked up her investment zones when Sunak said he'd dropped them, charter cities coming.
gmhousingaction.com/commissioners-…
Post-Brexit ushering in 'municipal mercantilism', which means venture capitalists queuing up for stakes in and around Sunak's Freeports and his recently resurrected investment zones, patchworks of semi-sovereignty will eventually form on big tax haven.🧵
Freeports and investment zones hark back to 1600 with the East India Company and continued in the Opium Wars of the mid-1800s, 'zone-fever' spread as colonialism brought 'legalized lawlessness' for unbridled capital accumulation. Spin forward to Brexit!🧵
Read 6 tweets

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