But good with the tories. So that's all right then
To be fair 'industry' should have known better. And although many held an opposing position, so many didn't out of misguided self-interest. In a relationship like this it takes both a bare-faced liar and people willing to accept a bare-face lie.
Ah yes, we're so much more comfortable with fascism and government-by-fanatic.
Whilst I generally agree with your post and analysis, it has to be said that the use of Brexit as a tool for emboldening and empowering the more extreme right is what made it unpalatable for me. Once it became clear that it would only lead to an exit into a right-wing monetarist hellhole, it lost any value it could have had. And this was visible quite early on because all the narrative (and those accepted by the majority of Brexit voters) pointed in that direction. That said the long build-up to it was indeed a New Labour failure (even if there are larger forces at play than just that party). It was only a matter of time before some demagogue came along to shape the narrative in their favour and sell it to disenfranchised, worried people.
I'm broadly in line with this. That it likely gets worse before it gets better and to carry on in that giant neoliberal project - which has no room for manoeuvre where it matters - is stagnation. The single currency model is and was a failure, from the start since it baked-in the monetarism. I'll insist though, that the UK as a member was actually free from that constraint; all the big members have always exceeded the deficit rule when they really needed to and the UK could even flout it more easily because they had no actual deficit rule they had to follow, only a 'recommendation'. The UK could have killed austerity at any time, therefore Brexit in that regard was a red herring.
