Scotland: yes or no?

Originally posted on Michael Roberts Blog:

With two weeks to go, the latest polls suggest that the upcoming referendum vote on independence for Scotland could be close, although the average of all polls still suggests that Scots will vote no to independence. It’s going to be a big turnout though.

In this post, I want to try to analyse the arguments for and against independence mainly from the point of view of whether an independent capitalist Scotland would be better for the Scottish working class in economic terms, and for that matter the rest of the British working class, than remaining in the Union with the rest of the UK.

Principles

But first let’s start with the principles. A united world in a fair and equal federation or commonwealth of states would be the most beneficial to the majority. It would mean sharing resources, culture and ideas to the benefit of all through a democratic process…

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