Wow…the UK Labour Party–the flagship of all labor parties and the first to experiment in large scale democratic socialism–is at its nadir and might just be self-destructing entirely as a political party capable of being in power. Jeremy Corbyn, the light of the Left on social media at his ascent in what seems like only yesterday–has proven to be one of the worst leaders in the long and storied history of the Labour Party. Amazing that you can have simultaneous power vacuums in both the Tories and the loyal opposition. Both right wing populism and democratic socialism have disgraced themselves these past few months in the United Kingdom. Let’s see what emerges out of this. An independent Scotland, for one thing. But also probably a moderate Conservative Party and the annoying UK Independence Party on its right reduced to nothingness after all its Brexit lies, and a truncated Labour Party that kisses its far left goodbye. Everyone heading back to the safety of the moderate center. Dull, true, but maybe they can straighten things out. This chaos before the storm of revolution from either end of the British political spectrum is just too scary anymore. Brexit is probably more the result of stunning British political incompetence than anything else. Then again, the Brits do this periodically, muddling through and mucking up until things get so bad–think 1940–that a Churchill has to be dug up. Indeed, the Chancellor of the Exchequer, George Osborne delivered up a thoroughly Churchillian we shall fight them on the beaches speech today:
“It will not be plain sailing in the days ahead.But let me be clear. You should not underestimate our resolve.We were prepared for the unexpected.We are equipped for whatever happens.”

The British unexpectedly exiting Europe in 1940.