2016-06-28nakedcapitalism.com

The decision by Boris Johnson, an Etonian like David Cameron and of similar background and leanings, to back the Leave vote showed ruthless calculation and accurate political sensitivities. His position reflected his aspirations for leadership not solidarity with the Leave voters or fundamental policy shifts. In an editorial after the vote, Mr. Johnson seized with post Brexit Bre-gret or Bre-morse suggested that wholesale changes in the relationship between the UK and the EU were now unnecessary.

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In essence, for those who believe they are born to rule, Brexit signals the need to limit democracy to ensure that important decisions are left to self-certified experts. European Parliament President Martin Schultz was refreshingly clear: "It is not the EU philosophy that the crowd can decide its fate".

History may well record that little changed as a result of Brexit after the long tortured process of negotiation of the terms of withdrawal and arrangements regarding trade and other matters with the EU. Those in charge and their attendant retinues continued, as British blogger John Ward wrote in 2015, to ignore the individual, State sovereignty, debt mountains, currency realities, poverty, its responsibilities and every legal and constitutional restraint on their power.

If the deep seated economic and social divisions within Britain or other societies cannot be dealt with peacefully and through existing processes, the risk is that it will unleash the furies of nationalism and isolationism in unknown ways and with unpredictable results.



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