1. Despite all the noise from the markets and the economic commentatariat, Brexit won’t have any appreciable effect on the conditions of the British and European working classes one way or another, nor on trade and investment relations between British and European capitalists.
2. Early Marxists and social democrats, notably August Bebel, referred to the mix of racism and anti-establishment sentiment driving the protest of the least class conscious and politically aware workers as “the socialism of fools”. Rather than an encouraging sign for the left, Brexit has to be seen within the context of the return of mass right-wing movements to to the US, England, and Europe.