Joel Kotkin | Brexit Will Be Britain’s Fourth of July

via The Daily Beast:

 

Brexit cake (200x200)Brexit Will Be Britain’s Fourth of July

Joel Kotkin | June 21, 2016

The Leave campaign is winning, and it’s obvious why. People are rebelling against the consolidation and concentration of state power.

The campaign to take the United Kingdom out of the European Union, widely known as “Brexit,” is potentially on the verge of a huge victory Thursday despite overwhelming opposition in the media and among the corporate and political establishment. The outcome matters not just as an expression of arcane British insularity, but as evidence of a growing rebellion against the ever greater consolidation and concentration of power now occurring across all of Europe, as well as here in the United States.

In many ways, this rebellion’s antecedents include our own revolution, which sought to overturn a distant, and largely unaccountable, bureaucracy. Like Lord North, George III’s prime minister, today’s Eurocratic elites spoke of obligations and fealty to the wisdom of the central imperium. What shocked the centralizers then, and once again today, was the temerity of the governed to challenge the precepts of their betters.

[…]

Given the grisly history of internecine warfare on the old continent , the idea of European integration initially had a certain appealing logic. And indeed the early years of integration promised much: greater prosperity, adherence to democracy and even a guarantee that Europe would retain a powerful voice in the world economy and politics. […]

Over the past decade, the EU has lagged in terms of both growth and innovation even by our mediocre standards. The EU’s poor performance is recognized well beyond Britain’s borders. Today more than 60 per cent of French voters now hold an unfavorable view of the Union while almost half the electorate in Germany, Spain and the Netherlands have also become Euroskeptic, notes a recent Pew study. […]

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