This briefing updates the July 2016 report ‘Border Wars: the arms dealers profiting from Europe’s refugee tragedy’ . It shows that the European policy response to the refugee tragedy continues to provide a booming border security market for Europe’s arms and security firms, some of whom are involved in selling arms to the Middle East and North Africa and all of whom encourage European policies focused on keeping refugees out. It’s a win-win for the security corporations, but the cost is a deadly toll for migrants forced into ever more dangerous routes as they flee wars, conflict and oppression.
In the era of globalisation, the steady removal of decision-making from democratic chambers by EU elites is serving as a blueprint for post-democratic governance around the world. Progressives must be ambitious and start putting forward ideas for a democratic world government as a viable alternative.
Against all expectations, financial capital has emerged even stronger after the financial crisis having staved off regulation and putting the blame on public spending. But its victory is likely a pyrrhic one as a new crisis looms, one in which the global public could learn from victories such as reforms in Iceland and finally reassert its control over money.