Guyanese Online

Brexit is a rejection of globalisation

Larry Elliott – Sunday 26 June 2016 – The Guardian

The EU has failed to protect its population from a global economic model that many believe is not working for them

 Does UK’s exit from the European Union mark the resurgence of nation-state? 

The age of globalisation began on the day the Berlin Wall came down. From that moment in 1989, the trends evident in the late 1970s and throughout the 1980s accelerated: the free movement of capital, people and goods; trickle-down economics; a much diminished role for nation states; and a belief that market forces, now unleashed, were unstoppable.

There has been push back against globalisation over the years. The violent protests seen in Seattle during the World Trade Organisation meeting in December 1999 were the first sign that not everyone saw the move towards untrammelled freedom in a positive light.   Continue reading →