Brexit – Isolationist catastrophe of ‘Brexit’

Brian Klaas and Marcel Dirsus, in Los Angels Times, 24/6/16

(Note:  For the last few months BREXIT has become the accepted short form of a discussion that  was analyzing the pros and cons. In this age of globalization and international cooperation will anyone go in for a “go it alone policy?”. No one practically did think so, including the editorial writers of prominent dailies. Belying all such public predictions  Briton, which once boasted, the sun never sets on its colonial empire, just voted by a 52-48% margin to walk out of the 28-member European Union(EU). After the dismantling of the  Colonial empire Briton used to be taunted by calling it “The Little England” even though it used to be the business hub  after US and the third  powerful country in EU after Germany and France. With the present exist from EU what is going to be the fate of Little England: a  black spot on the world map? This article terms it as “Isolation” in the comity of nations. Is it not equivalent to saying: “If you don’t hang together, you will be left to hang alone, separately?” During the campaign before the voting US President Obama had already warned that a Britton out of the EU may have to stand in James Kottorthe “Que” like any other country to clinch deals with the US.  Today the buzz word is GLOCAL which is the short form for Global and Local. What is urgently needed today is to reach out to the entire world without  losing one’s own identity and individuality, that is, to be GLOCAL.  james kottoor, editor)

On Thursday British voters willfully walked off a cliff when they decided to leave the European Union. The “Brexit” victory is a defeat for Britain, Europe and the global economy.

Tens of millions of Britons voted for isolation — to go it alone — rather than for cooperation. The European Union just lost a sixth of its economy, roughly akin to Florida and California seceding from the United States. The impact on the British economy could be catastrophic. Europe’s unified stance against a reemerging and aggressive Russia will be splintered.

Moreover, the vote doesn’t mean that debates over Britain’s relationship with Europe, or its place in the wider world, are suddenly resolved. It does mean that politicians — and not just those on the banks of the Thames in Westminster — need to wake up. On both sides of the Atlantic, governments and politics are not working. 'Brexit' is just a symptom of a larger crisis

We find ourselves in a moment of global fear. The democratic identities of Britain and the United States are under threat — not from immigrants or even changing values, but from nationalists and xenophobes exploiting citizens' darkest worries with populist projects, including Donald Trump’s campaign for the U.S. presidency and Brexit. To many voters, the world is a scary place. Terrorists seem to lurk everywhere. Uncertainty surrounds us. Change is rapid and some aren't keeping up. Unsurprisingly, politicians of many stripes are capitalizing on our fears to rally voters against trade, immigration and international cooperation.

The costs will be substantial. Economists, business leaders and scholars almost universally agree that Britain's retreat from the EU is a self-inflicted economic blunder. Recessions are contagious, and given London’s place as a global financial hub, Brexit will give Britain a particularly virulent cough. The pound’s value will likely tumble. The British treasury estimates that the nation’s households each stand to lose an average of £4,300, or about $7,000. And yet, tens of millions of voters were willing to take that hit.

The quintessential anti-EU voter, an aging unemployed white working-class citizen in northern England, might feel a certain solidarity with a similar Trump voter in rural America. Both have reason to feel victimized by a global economy that has left them behind. Both have concluded that the culprits are out-of-control immigration and an unresponsive government far away, in Washington or Brussels. And both have decided the answer is disengagement, solving problems alone at home rather than preventing them through cooperation abroad.

Ever-increasing globalization has created an unprecedented surge in prosperity, but it has also ushered in jarring changes.

This is the glaring contradiction in the muscular nationalism of right-wing populism, blended with isolationism, that seeks to withdraw from international unions: It cannot shape a better world by shutting the world out. The same people who cheer when Trump laments the decline of American leadership want to ignore key global issues and put “America First.” The people who voted for Brexit, attempting to create a border between Britain and challenges such as the refugee crisis, seem to think Britain can solve such problems without consulting Germany or France or, worst of all to them, Brussels.

The world doesn’t work that way, and it hasn’t for decades. Ever-increasing globalization has created an unprecedented surge in prosperity, but it has also ushered in jarring changes. The rough edges of those changes can only be overcome with more aggressive cooperation and engagement, not less. Whether it’s the risks of terrorism, the tragic flow of refugees, or economic shocks, Britain cannot solve problems alone and neither can the United States.

The solution, then, is a politics and a foreign policy that acknowledge the potency and importance of national identity while aiming to lead the world rather than leave it aside. Xenophobia will eventually fade if genuine policy reforms provide new opportunities to the victims of globalization. We need leaders on both sides of the Atlantic who heed the legitimate fears of their citizens and at the same time explain that solutions will come from standing together with other nations rather than standing alone.

Brexit voters and Trump supporters sporting “Make America Great Again” hats believe they have lost too much for too long. Their complaint is understandable. But turning inward will only make their problems worse and the world more dangerous. Britain narrowly succumbed to isolationist populism Thursday. Let’s hope Americans don’t make the same mistake by voting for a Trump presidency come November. (Brian Klaas is a fellow in comparative politics at the London School of Economics and Marcel Dirsus is a lecturer in politics at the University of Kiel in Germany.)

Ballots from the City of Westminster and City of London are counted at the Lindley Hall in London on June 23. (Anthony Devlin / EPA)

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