Benefits: Labour Party and President

benefits: And it had the effect of converting not only much of the UK trades union movement to the benefits of a marriage between social protection and regulated markets, but also much of the Labour party, according to The Guardian. Looking back, the Lexiters can see what they knew at the time that this was a fallacy promoted by an isolated intellectual then president of the European commission whose powers were waning. Jacques Delors's speech to the TUC in 1988 positioned the UK inside a family of like-minded nations. Far from being havens of leftist social democracy, France and Germany were moving towards the right to become the main pillars of a neoliberal elite, based in Brussels, that dictated, and still dictates, an adherence to free-market dogma. Lexiters argue that it is a recipe for permanent austerity as policymakers seek to maintain the integrity of an internal currency bloc that is dominated by France and Germany. The introduction of the euro cemented this view. (news.financializer.com). As reported in the news.