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Centrism is dead: welcome to the world of state-backed corporatism
The left must call out the fact that BlackRock and private billionaires have merged with the state apparatus as our leaders abandon any pretence of there being a ‘free market’ for direct and overt corporate control, writes JOE GILL
CORPORATE OVERLORDS: Keir Starmer and Rachel Reeves host an ‘investment roundtable’ with BlackRock CEO Larry Fink and members of its executive board, Downing Street, November 21

FOR many years, socialists have been predicting the imminent death of neoliberalism — the system of finance capitalism that has dominated the world since the late 1970s and ’80s.

Today, Donald Trump is promising tariffs across the board against Canada, Mexico, China and Europe. Keir Starmer’s Labour is going to renationalise trains and launch GB Energy, a state-backed energy company. Far-right populism is on the march across Europe.

Have we finally arrived when the era of liberalised global markets, privatisation and anti-union laws can be declared over?

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