The Anti-Globalization Brexplosion
Populism, nationalism, and xenophobia were all factors in Brexit's passage in the UK, but they are only surface-layer phenomena in a larger sea change. As has happened throughout the history of capitalism, a fundamental shift is occurring worldwide in the relationship between the state and the market.
SEOUL – Populism, nationalism, and xenophobia all contributed to the victory of the “Leave” campaign in the United Kingdom’s recent referendum on membership in the European Union. But these forces float on the surface of a larger sea change: a fundamental shift worldwide in the relationship between the state and the market.