“The EU’s disintegration is now running at full speed.”
By ann summers
Like Wile E. Coyote going off the Dover Cliffs, anti-immigrant discourse fervor and the MOE made the destruction of the UK Tory party inevitable but can Labour and the left capitalize on this with the continuing of devolutionary chaos.
The US has some of the elements of a “xenophobic, deflationary, 1930s-like abyss” made more possible with a GOP Congress and tehDonald in the 2017 White House.
The actual result on the night came in at 51.9% leave, 48.1% remain. Just 16 of 168 individual polls predicted a 52:48 split in favour of leave…
Bookmakers also got the EU referendum wrong. Odds last week put remain around 1-4, implying an 80% probability of a victory for the pro-EU camp.
Former Greek Finance Minister Yanis Varoufakis sees disintegration down the road
Leave won because too many British voters identified the EU with authoritarianism, irrationality and contempt for parliamentary democracy while too few believed those of us who claimed that another EU was possible.
I campaigned for a radical remain vote reflecting the values of our pan-European Democracy in Europe Movement (DiEM25). I visited towns in England, Wales, Scotland and Northern Ireland, seeking to convince progressives that dissolving the EU was not the solution. I argued that its disintegration would unleash deflationary forces of the type that predictably tighten the screws of austerity everywhere and end up favouring the establishment and its xenophobic sidekicks…
As of today, British and European democrats must seize on this vote to confront the establishment in London and Brussels more powerfully than before. The EU’s disintegration is now running at full speed. Building bridges across Europe, bringing democrats together across borders and political parties, is what Europe needs more than ever to avoid a slide into a xenophobic, deflationary, 1930s-like abyss.
If George could only get me my check… “Soros eschews the sanctimony and pseudoscience that frequently accompany commentary on the EU and gets right to the basic political conflicts and human foibles that underlie the union’s problems.”(www.foreignaffairs.com/…)
The decision will change the EU’s shape and character. Without the U.K., the bloc’s second-largest economy, the EU will become even more dominated by the continent’s largest economy, Germany. That in itself is an outcome unwelcome in Berlin. Northern European governments, including Germany, that largely prefer market-based solutions will lose leverage over southern economies like Italy and France that tend to be more protectionist and statist.