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by socrates1998
3355 days ago
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I am not so sure that Brexit will have such a negative impact on Europe (and the world). I don't like the idea of these Super National organizations that politically and economically integrate people so tightly. Really it's more about having our global society so tightly integrated and efficient. It means power (economic and political) goes to a select few people who get better and better at holding on to it. These crazy large banks that are so freaking tightly integrated are the worse example. A crisis at one bank triggers a global meltdown. We don't want a global meltdown so we bail out the banks, making them bigger and more powerful, exacerbating the problem. The more tightly controlled everything is makes our system so fragile. If the UK is more separated economically from Europe, if one or the other has an economic crisis the separation will lead to less drastic economic crisis. |
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From an economic perspective, we live in a world of supra-national companies. To have leverage when negotiating with the likes of Amazon or Google the UK needs to work with other countries to avoid a race to the bottom on working conditions, taxes and so on.
Its the same for trade. When we're not tied by EU legislation, the UK may keep going economically, by building a low tax imitation of the US with shorter holidays, poorer healthcare, welfare etc. But I think the world is a better place for having the EU as standard bearer for a fairer kinder society. Not perfect for sure, wasteful definitely (as is all government). But also holding hope that as human beings we're able to identify with a bigger picture than the tribal nationalisms we grew up with.