Left: Sajid Javid (50) attended the University of Exeter & studied Economics and Politics. He joined the Tories whilst at University. Before entering politics full time, he worked in the banking industry, initially joining the New York City-based JPMorgan Chase Bank. He later joined London-based Deutsche Bank AG as a director. He went on to became a managing director and then global head of Emerging Markets Structuring. Right: Rishi Sunak (40) went to Lincoln College, Oxford. He worked for Goldman Sachs – who describe themselves as a ‘leading global investment banking, securities and investment management firm’ - between 2001 and 2004. He then worked for hedge fund management firm The Children’s Investment Fund Management becoming a partner in 2006. He later joined another hedge fund firm - Theleme Partners. He was also a director of investment firm Catamaran Ventures, owned by his billionaire father-in-law, Indian businessman N. R. Naravana Murthy.

BRITAIN’S REACTIONARY RACISTS recently got their knickers in a twist when Rishi Sunak – a rising star in the Tory party – was appointed Chancellor of the Exchequer.

But who is Sunak and why did the racists go ape when he was appointed?

Sunak has been the MP for Richmond (in North Yorkshire) since May 2015. Richmond is a safe Conservative seat – and has been held by them for over 100 years – and this was reflected in Sunak’s huge majority of 19,550. In the 2017 election he increased his majority to 23,108. He bettered this in last year’s general election where his majority was an incredible 27,210 (his total vote was 36,693 – 63.6%).

Sunak has simply been promoted by Boris Johnson to the position of Chancellor of the Exchequer. Here he replaces Sajid Javid, who resigned in mid-February (after rejecting an order to fire his team of aides, saying “no self-respecting minister” could accept such a condition).

Sunak is no stranger to the Treasury Department – as he’d served under Javid as Chief Secretary to the Treasury from July 2019 – February 2020 – so he was the obvious choice.

The only real difference between Rishi Sunak and Sajid Javid that we can see is that the former is a teetotal Hindu whilst the former enjoys the odd drink and – whilst his family are Muslims – Javid is non-religious. Apart from that, they both have impeccable Tory credentials. Both have been to university and have worked in & have extensive contacts within the banking sector.

As we’ve already noted, Britain’s reactionary racists were up in arms over Sunak’s promotion. The reason for this is because of the regressive form of identity politics that they adhere to.

Indeed, the reactionary right is gripped by a great universal conspiracy. They tend to live in a fantasist-like parallel world and view anyone with a light brown skin as an Islamic terrorist – irrespective of their religion! (In fact, we’d wager a bet that many reactionaries wouldn’t know the difference between Muslim’s, Hindu’s or Sikh’s let alone those who interpret Islam in differing ways.)

Reactionaries are also fond of ignoring facts and prefer to make grand and sweeping statements. (However, whether they actually believe what they say is open to debate.) They tend to lump all members of entire religious and/or racial communities together and judge those communities on the actions of a few.

Unlike the reactionary right, the National Liberal Party couldn’t care less who is the Chancellor of the Exchequer. We’ve absolutely no interest in their race, ethnicity, religion or sexual orientation.

As we mentioned earlier, the reactionary right (like those on the reactionary left) are obsessed with regressive identity politics. As such, they’re fixated on the individuals who’re facilitating the capitalist system – and have nothing of interest to say about the capitalist system itself. In fact, the only time the reactionary right take time out to address the banking system is if they can link it to ‘the Jews’. And because of their out-and-out opposition to all Muslims, they fail to understand that the Islamic banking system forbids usury!

This fixation on personalities illustrates the shallowness of both the reactionary right (and left). To some extent, it doesn’t matter who’s in government – for powerful corporate big business and banking elites rule the roost.

The reactionary right’s approach is about as meaningful and effective as rearranging the deckchairs on the Titanic. The National Liberal Party, on the other hand, isn’t interested in changing the Chancellor – we want to change the whole banking system itself!

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