Lib Dems' President Calls for Bold Action Against Big Tech and Crypto 2026

Daniel Harrolds
Lib Dems' President Calls for Bold Action Against Big Tech and Crypto
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The Liberal Democrats' president, Josh Babarinde, is calling for bold action against big tech and crypto billionaires, urging the party to 'flip the table' and rise up against modern giants that hinder people's ability to thrive. In a combative speech ahead of the party's annual conference in Brighton, Babarinde positioned the Lib Dems as a force to break the power of these giants and return power and cash to ordinary people.

Babarinde's Vision: Flipping the Table on Big Tech and Crypto

Standing outside Toynbee Hall in East London, Babarinde, the 33-year-old MP for Eastbourne, doesn't fit the typical rabble-rouser image. But his message is clear: the Liberal Democrats must channel the spirit of William Beveridge, the great Liberal thinker who identified the five evils of want, disease, ignorance, squalor, and idleness. Today, Babarinde argues, those evils have been replaced by modern giants—from big tech to crypto billionaires—that are getting in the way of people's prosperity.


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"There are big modern giants that are getting in the way of people's ability to thrive, and it is the job of Liberal Democrats to address that," he says. "How are we going to do that? Well, first of all, we've got to flip the table over and rise up."

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The Modern Giants: Big Tech and Crypto Billionaires

Babarinde's targets are not traditional political foes but the powerful entities that have amassed enormous wealth and influence in recent years. Big tech companies and cryptocurrency billionaires have become symbols of an economic system that many feel is rigged against them. According to Babarinde, people are looking for a force to help break these giants and give power and cash back to those the country is meant to serve.

This sentiment resonates with a growing public desire for alternatives to the status quo. But whether the Liberal Democrats can position themselves as that alternative remains to be seen.

Key Takeaways from Babarinde's Call to Action

  • The Liberal Democrats must take on big tech and crypto billionaires to restore power to the people.
  • Babarinde invokes Beveridge's five evils, updating them for the modern era.
  • The party aims to 'flip the table' on economic inequality and corporate dominance.
  • With 5,000 members gathering in Brighton, the conference is a pivotal moment for the party's direction.

Comparing the Old and New Evils

Beveridge's five evils were want, disease, ignorance, squalor, and idleness. Babarinde's modern giants are different but equally pervasive. The table below contrasts these challenges:

Beveridge's Evils (1942) Babarinde's Modern Giants (2025)
Want Economic inequality driven by big tech monopolies
Disease Digital misinformation affecting public health
Ignorance Data monopolies limiting access to information
Squalor Environmental degradation by crypto mining
Idleness Job displacement due to automation and AI

Can the Lib Dems Become the Force for Change?

The Liberal Democrats have long struggled to break through the two-party dominance in UK politics. But with public disillusionment at an all-time high, Babarinde believes the party can offer a fresh alternative. His combative stance and focus on economic justice could appeal to voters who feel left behind by both the Conservatives and Labour.

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However, translating rhetoric into action will be crucial. The party must develop concrete policies to tackle the power of big tech and crypto billionaires, from antitrust enforcement to tax reform. As the conference unfolds in Brighton, all eyes will be on whether Babarinde's rallying cry can galvanize the party and resonate with the wider public.

FAQ

Who is Josh Babarinde?

Josh Babarinde is the president of the Liberal Democrats and the MP for Eastbourne. He is known for his progressive views and calls for economic reform.

What does 'flip the table' mean in this context?

It is a metaphor for disrupting the status quo and taking bold action against powerful interests that hinder ordinary people's prosperity.

Why are big tech and crypto billionaires targeted?

They are seen as modern giants that accumulate excessive power and wealth, often at the expense of the public. Babarinde argues they must be held accountable to ensure a fairer economy.

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Daniel Harrolds

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With a career spanning four decades, Daniel is almost a library in the field of precious metals investing and Gold IRAs. His insightful strategies and pragmatic results-oriented approach make him a resource in safeguarding wealth, and financial foresight.


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