Skip to main content

The Strange Death of British Liberalism? A Post-Brexit Comment

Anyone who considers themselves a liberal voice in Britain should be deeply troubled by the current political situation.

The triumphant 52% - 37% of eligible voters – are now in the ascendancy and will be tentatively observing the coming months, hoping that their hopes will be fulfilled by a new political agenda. The rise in hate crimes is truly shocking, with an objectionable minority believing they now have a mandate for deeply divisive attitudes. The government’s commitment to leaving the EU brings to a decisive head the divisive debate over Europe – one that has consumed the Conservative Party for the last 30 years. Theresa May’s tenure as Prime Minister will surely be dominated by a tug-of-war between the interests of the 37%, and those of powerful business interests who seek assurance that Britain will retain an openness towards Europe (in the short-term, of course – it is fallacious to argue that Britain will cease to trade freely with Europe in the long-run). Many are left worrying, rightly, who will advance a liberal case moving forward.

Brexit has brought to fruition a new paradigm shift in British politics that challenges existing political alignment – recently argued for by The Economist. The British obsession with Left Vs. Right, an anachronistic pedagogical device bequeathed to us by the ideological battles of the last century and guilty of misrepresenting political positions, is now being displaced by a division between those who value an openness to those who clamour for greater control over socio-economic processes – captured perfectly by the Brexit mantra, ‘take back control’.

Those who feel trapped and significantly unfree by the accelerated economic transformation of the last 40 years have made their voices heard in the face of what they perceived as ignorant establishment interests, who largely attacked them as being ‘racists’ or economically illiterate. Whilst many have defended voting Leave on democratic principles, we should be under no illusion that the key driver was a perceived lack of control over immigration, particularly the perception of increased insecurity and opportunity. For those aggrieved by what they view as a neoliberal world run in the interests of international capital, the populism of Farage and Johnson outweighed the reputation of the much disparaged ‘experts’ – particularly economists and EU constitutional lawyers. How can a self-proclaimed liberal society, one which claims to be the very birth place of modern liberalism in its moral and political sense, arouse this level of suspicion and disillusionment?

This divide is not something new. It takes us back to another age of great transformation seen during the 19th century. To anyone familiar with the eponymous work of a largely unknown Austrian economist, Karl Polanyi (The Great Transformation, 1944), this should be of no surprise. Polanyi identified that the initial economic transformation during the industrial revolution was counteracted later in the 19th century by a retrenchment of traditional values by those who felt powerless to preserve their existing way of life – the so called ‘double-movement’. This was the background for a shift in understanding of the very concept of freedom, which was the intellectual backdrop to ‘New Liberalism’. This suggests that a renewal in how we understand economic freedom is now required.

For anyone who cares about British Democracy and the liberal tradition of government accountability, there exists a disturbing question: where is the opposition? Whilst both political parties seem to be straddling this new divide, there is no doubt that it is the Labour Party who are facing immediate political disintegration.

Although many of his followers argue that he was set up to fail, it is clear to everyone else that Jeremy Corbyn has failed to convince those who voted Leave – whom he seemingly tried to reach out to when he was elected a year ago - that there was a hopeful alternative to the status quo. Corbyn was elected as an anti-establishment figure, yet he failed to fully commit himself to either side of the debate (perhaps due to his notorious personal ambivalence towards the EU). He even undermined his own Economic Advisory Committee by disputing the economic impact of a Leave vote. His refusal to resign in the face of 80% of the Parliamentary Labour Party voting no confidence in him - and the on-going Leadership election – is responsible a gaping hole where Her Majesty’s Opposition should have been holding to account the government of the day for perhaps the most remarkable acts of economic self-harm in British political history.

This is deeply alarming. At one of the most important junctures for Britain’s future, there is no effective challenge to those with the power to shape our future. A working opposition is one of the fundamental tenets of an effective British liberal democracy, and there is surely much to be lost from the inability of Corbyn to assemble an alternative government. The fact that the next largest party in parliament are the SNP, who emphatically do not represent the interests of the majority who voted remain, adequately captures this unprecedented situation.

Crucially, there is an absence of a credible liberal vision self-enablement for Britain to challenge the pull of populism, feeding off disillusionment and a lack of self-fulfilment. This is epitomised by the ‘Northern Powerhouse’ – which failed to convince those very people it was targeted at (see last post). 

The fact that Brexit occurred is therefore not surprising. But the fact that Remainers continually misunderstand the causes of such disillusionment, demonstrated by the pitifully sober campaign, is in contrast dumbfounding. Unless these concerns are addressed by a hopeful and clear vision of the future which understands the nature of disillusionment and reassesses the essence of freedom in the modern world – rather than throwing money at such issues or succumbing to divisiveness – the future of British Liberalism looks bleak.

Comments

Popular posts from this blog

The State of Labour

Watching BBC's Question Time  the other night, Alastair Campbell, Tony Blair's former Director of Communications 1997-2003, appeared to hit the nail on the head when he said that problem for Labour at the moment isn't Jeremy Corbyn. Rather, it is his inner circle, his organisation of the party from the top, and the fact that he has become the focal point of a social movement that in many ways stands alone from the Labour Party altogether. This is particularly worrying for a party which has ambitions of government, and I believe this is behind the revelations that an opposition party have never been further behind a current government in the polls. One thing that is clear is that there ought  to be a place in modern politics for the likes of Jeremy Corbyn. Corbyn is in many ways the ultimate backbench MP - he has a clear set of principles which aren't compromised, he is elusive of the party whip and seemingly untainted by the party politics which constitutes the 'est...

The UK Phillips Curve

 I have become increasingly conscious that this blog contains scant macroeconomic analysis, perhaps making the subtitle misleading.  This piece therefore intends to summarise the findings from my recently submitted undergraduate thesis, but will hopefully still be accessible. I recently submitted my undergraduate dissertation, entitled: 'The UK Phillips Curve Since the Great Moderation: A Single-Equation Econometric Analysis'. The basic idea was to employ the widespread single-equation approach to the Phillips curve in analysing UK macroeconomic data during the Great Moderation, the Great Recession and thereafter. But why was this analysis necessary? First and foremost, as Simon Wren-Lewis has recently argued, the Phillips curve represents a fundamental economic intuition: when more people are in work, aggregate demand is stronger, meaning it is more likely to be profit-maximising for individual firms to raise prices, leading to inflation. A.W. Phillips, in his seminal 19...

The New 'Post-Truth' Politics

On a recent visit to Prague, I came across the following passage from one of the most important literary figures of the 20th century, the modernist Franz Kafka, worth quoting in full:  "The war has led us into a labyrinth of distorting mirrors. We stumble from one fictitious vision to another, bewildered victims of false prophets and charlatans who, with their cheap recipes for happiness, merely cover our eyes and ears, so that, because of the mirrors, we fall from one dungeon to another, like through open trapdoors".  Whilst writing in a different era, in an entirely different culture and context, and obviously slightly polemic, Kafka's words seem strangely to resonate with a growing trend in politics today - what has recently been labelled 'post-truth' politics.   Brexit is widely agreed to have ushered in a new age in British politics. Yet it seems more appropriate to regard it as symptomatic of a new period which began earlier, with the Financial ...