Theresa May’s decision last year to postpone the vote on her Brexit deal has done little other than provide a brief respite from her insoluble dilemma. Her negotiated package remains hated by all sides. Rather than bringing people round to her proposal, the Christmas period has hardened the resolve of Brexiteers and Remainers alike.

Theresa May has survived to live another day after coming through a vote of no confidence amongst her party’s MPs with a 200-to-117 majority. But whilst the Tory leader may have won this battle, she has most certainly lost the war.

Alan Woods, editor of In Defence of Marxism, discusses the historic political crisis taking place in Britain, as the Tory Prime Minister's fate hangs in the balance. As Alan notes, the UK was once considered one of the most stable countries in the world. But now it is a source of enormous instability for world capitalism. And the crisis is not confined to Britain. May, Macron, and Merkel are all facing huge difficulties at home, as the broken status quo collapses around them. Only the call for a socialist Europe can offer a way forward.

Today was supposed to be the moment of truth, when Parliament voted on Theresa May’s ‘precious’ Brexit deal. But, at the 11th hour, the Prime Minister postponed her judgment day and announced that the vote was to be put on hold. A new decision date has not been set. But time is rapidly running out for British capitalism.

Karl Marx once remarked to Friedrich Engels, his lifelong friend and collaborator, that there were sometimes uneventful decades in which years passed as though they were just days. But, he added, “these may be again succeeded by days into which years are compressed”. The current period in Britain is like the latter. Events are moving at a blistering pace.

Just over 25 years after its foundation, the European Union looks like it could be falling apart under the weight of its own contradictions. Everywhere you look, the major parties are coming under increased pressure due to the heightening of the class struggle as a result of 10 years of crisis. This has meant that, in one country after another, the ruling class can no longer rule in the old way.

Finally, after months of fraught negotiations, the UK-EU negotiators have come up with a proposed deal. Written on the side, however, are instructions: light the blue touchpaper and stand well clear. All hell is about to break loose. From the point of view of big business, the draft deal is not too bad, tying the British economy to Europe. But for Tory Brexiteers, in particular, the deal is toxic.

The chaotic Brexit negotiations appear more and more like a pantomime farce, complete with constant shouting from the sidelines. But there is more at stake than just seasonal slapstick. UK Prime Minister Theresa May is in the midst of a political storm that threatens the very survival of the government. Amid cries of “appeaser” and “traitor”, she promises to make “the right choices, not the easy one”.

Whilst her dancing skills have been found somewhat lacking in recent months, Theresa May has become an expert at one thing: kicking the can down the road. Of course, she has been aided in this by the real masters of this practice: the European leaders, who have turned the making of political fudge into a fine art over the last decade. But no matter how much May and her negotiating partners attempt to duck and dive, they cannot dodge the final bullet. One way or another, Britain and the rest of Europe are heading for an explosion. The only question is when.

There are now fewer than 200 days to go before the UK officially leaves the European Union and still no agreement has been reached over the terms of its departure. As Theresa May and many of her European counterparts meet in Salzburg, they will be hoping that with enough fudge they will be able to deliver a deal that survives a ratification vote in the British parliament. But the opposition of as many as 70 Tory MPs could be enough to shatter their proposals and send the UK crashing out of the EU without any deal on 29 March 2019.

Two weeks ago, British Prime Minister Theresa May embarked on a three-day jaunt across Africa, visiting South Africa, Nigeria and Kenya. The purpose of May’s whistle stop tour (aside from showcasing her inimitable dance moves) was to strike up post-Brexit trade relations with Africa’s “emerging economies”. The visit was a cringe worthy affair that saw May shuffle awkwardly from one public relations blunder to the next, and it highlighted the decline of British imperialism and the crisis facing the capitalist class as the Brexit cliffedge looms.

After days of fraught negotiations, Theresa May survived a crunch Brexit vote in the House of Commons on 20 June, which had threatened to bring the simmering civil war in her party to a head. But this most recent compromise will only prepare an even deeper political crisis in future.

It has been nearly two years since the British public lobbed a grenade into the Tories’ lap by voting to leave the European Union. Since this particularly hot potato was chucked her way, May has made an art out of kicking the can down the road. But for how much longer? Recent events suggest her luck may just be running out.

The question of the UK’s post-Brexit relationship to the EU customs union has become the focal point for the deepest crisis the Tory Party has ever faced: a crisis that is driving all the contradictions of Brexit to breaking point.

On Monday, David Davis and Michel Barnier – the lead Brexit negotiators for Britain and the EU respectively – announced that an agreement had been reached to implement a 21-month transitional period following the original March 2019 deadline. During this time, the status quo would apply and the UK would effectively remain in the EU. The extension period, it is hoped, would be used to thrash out the final Brexit deal, including the as-yet-unspecified future trading arrangements.