Brexit. For years that word has dominated international headlines as people throughout the world follow the seemingly endless saga of Britain’s quest to leave the European Union.
“Brexit is one of the most significant international affairs in many decades: it impacts the world economy and the politics and culture of every country in one of the most powerful regions of the earth,” said Ethical Society Outreach Director James Croft. “The dream of the European Union was that closer economic and cultural integration of nations would prevent further atrocities like the Second World War: with Brexit, that dream is starting to unravel.”
But what is Brexit, exactly? Why did it happen, and what does it mean for the United Kingdom and for the world? How could Brexit affect the USA, and what similar political and cultural currents are flowing in this country?
“When Britain leaves the European Union, the USA could be affected in numerous ways,” Croft said. “Right now, some US vacationers might be delighted that the fall in the value of the pound is making their trips to the UK cheaper. But the long-term picture is much more troubling: the exit of the UK from the EU could cause the economic growth of the EU to slow, which would hurt US exports and therefore the economy. Britain’s exit may embolden nationalist elements in other nations to push for their countries to leave too, which would compound this problem.”
“Brexit can be seen as part of a troubling trend toward nationalism and isolationism which is spreading across the globe,” Ethical Society Outreach Director James Croft said. “Numerous nations – including the US – are grappling with their self-image and trying to determine what sort of country they want to be. The competition between open and welcoming internationalist perspectives and closed and paranoid nationalist ones will, I think, be a defining feature of political and cultural discourse for decades.”