Skip to main content

Brexit - Britain is slipping

Seventy years earlier, Britain withdrew from most of its colonies. Now Britain has decided to withdraw from the EU.

 The British acumen was one of the most dominant in the world in the 18th and 19th centuries. The British leveraged the value of globalisation through trade and colonisation.  It had the confidence and gumption to tread into unchartered territories and exert its durable influence. It could expand and amass wealth and prestige. That was that time (and up until the middle of the 20th century), the sun did not set in the British Empire.

The world order changed post the WW-II. The relative influence of the British substantially reduced; though it did remain a major force. It retained its competitive edge and standard of living because of the wealth it has accumulated over the past couple of centuries.

However, in the last 70 years, guess the British wealth creation and gumption continued to slip - despite the pound notionally gaining in value. We now are in a situation where a majority of Britain have voted to withdraw further and protect a smaller pie; rather than having the confidence to venture out to the large EU market and may hay. If we consider Scotland, Ireland and London voted in favour of a posture of a expansionary posture - then a much larger majority (compared to the slim 52/48 split) of the average working class people in England wanted to leave the EU.

This means, the self-assurance, confidence, productivity and wealth creation of the average English has fallen. They prefer to erect protective barriers against the onslaught working class from Poland, rather brushing their shoulders with the best of the world and exerting greater economic influence in the EU.

This is the ying and the yang at play. 200 years of ascendance,versus 70 years of slipping. But I am not sure, if the English psyche has bottomed out yet. Someone has to stem the rot. Else, we will see another major disturbing event very soon. M/s Boris Johnson and Nigel Farage are you listening.


Post a Comment

Popular posts from this blog

Dura Pahada Sundara [Far-away Mountains are Beautiful]

I realize how seriously we take a place we visit specifically to see it – an event in itself, and how much taken for granted are those places that we can hop in an out with regularity and ease.

Interestingly I had never wrote or thought of writing about Puri or Konark or Cuttack. Places for which reams have been and can be written. The history, the culture, the cuisine and the local chutzpah [espl. Puri / Cuttack]. Even more interestingly, I have never pondered enough on these places and their unique niceties to have them simmering in my cerebral consciousness. They are somewhere deep there sedimented at best; and at [likely] worst, I do not have the desired ammunition to do justice to write anything substantial. Probably, I will have to resort to the frivolous flourish of the might of the language as a cover.

A point to note - I have never seen the Bali Yatra [Cuttackis don’t faint please]. The Puri beach and temple I have always felt is my backyard [so had the taken for granted attitu…

2019 – Winner takes home nothing

For a country of 70 years and many more years to come – one election that is likely throw up either a hung parliament or a toothless government is quite insignificant. Unless we follow elections only for adrenalin rush, we should not follow 2019 general elections at all.
The earlier blog was based on current sentiments and elementary game theory. It has thrown up some names and scenarios. We all know that the electorate is fickle and so are the sentiments. We also know, that the BJP election machinery is the best in the country today {sans probably the BJD in Odisha – which has an equally hard nosed and through machinery; in addition it has the finesse to be not seen as giving war rhetoric despite ruffling many a feathers) so the tables can turn.
However for the purpose of this blog, lets assume my prognosis in the last blog holds true. It is a good read and nice spice for future story-telling, but such situations will not result in lasting success for the winners.
What this would …