The Bear Facts

Here's to a large British stake in the new company that is about to be created when Rosneft buys BP's 50 per cent of TNK-BP. And I really do mean a British stake. The Russian people still owns Rosneft. But the British people no longer owns BP. Yet if, by means of public ownership, we were back in control of our energy supply, then we could concentrate on building up our natural alliance with the pre-eminent gatekeeper of our Biblical-Classical civilisation.

Russia is a country which has recently learned the hard way the horrific folly both of Marxism and of capitalism. Just as China, with the authentic culture of which we also have much in common, has done in the Marxist case and is doing in the capitalist case. And what is Marxism but the definition of politics in terms of economics, the reverse of the proper order? Our Marxism is poisoning our relations both with Russia and with China.