After the thousands of hysterical articles in the media regarding doom and gloom with regard to Brexit, this is a unique take on the topic. Bill Mitchell analyses the possible development of the British economy after Brexit by comparing it with Australia in 1973, when Britain joined the European Common Market, cutting the Commonwealth loose to re-orient its trade relationship with the world.
We at Brave New Europe don’t take a position on Brexit. While we recognise that many dark and odious forces lay behind the Brexit vote, and that the process will inflict significant economic damage on many people, we also know that European institutions and policies typically reflect a strong neoliberal slant – and we launched this project to oppose and change this. We have sympathy with the anger against European institutions – but we also believe in the principle of European cross-border co-operation and co-ordination in many areas. Reflecting this complex reality, we will host both pro-Brexit and pro-Remain articles.