
A range of factors – from Brexit, to stagnant wages, to technological changes – are combining to create a toxic cocktail for the UK retail sector. Shop closures are another symptom of capitalism’s deep crisis.

For the ruling class, the new year is starting as the old one ended: with great uncertainty surrounding the prospects for the capitalist system. Welcome to the new normal of economic crisis and social upheaval.

Brexit has brought all the contradictions in the UK economy to the surface. British capitalism is facing a special crisis of stagnant productivity and terminal decline. This is taking its toll on the working class.