Balance of power

Not for the first time, Joyce 
McMillan (Perspective, 23 May) castigates the government for its “neo-liberal” austerity; this is a government that is still borrowing record sums – all it has managed to do is reduce the sums borrowed.

She also has a go at it for kowtowing to global capital; perhaps rightly, but in part this is because of the power of global capital.

What chance would a small economy like an independent Scotland have?

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William Ballantine

Dean Road

Bo’ness, West Lothian