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Brexit

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‘Twas Austerity That Did It.

“Yes, the victorious campaign to leave the European Union won on the basis of xenophobia and the demonization of immigrants. For anyone of a cosmopolitan bent it’s a terrible outcome…But if you tell people you know what’s best for them for years and years while their prospects wither and their lives are immiserated, at some point you should expect some kind of reaction.”

In the Prospect, David Dayen explains how deficit-witch-hunting and hubris paved the way for Brexit. particularly David Cameron and the Tories’ “general belief in expansionary austerity, that you could cut your way to prosperity. For those that don’t recall, this led to the brink of a triple-dip recession, and terrible growth numbers for years and years…What Leave offers, a toxic stew of isolation and racism, isn’t any good either. But when elites spend this long doing nothing for large swathes of the population, they’re willing to listen to anyone with a different idea.”

Since the UK’s faceplant last week, there’s been some talk (and. for some, wishful thinking) that Brexit is the prelude to Trump, fact-free appeals and all, and lord knows we spent far too much time of late playing the austerity game also. But I’ll stand by my “nope, not gonna happen” prediction here: The UK electorate is 90% white, America’s is one-third non-white — That’s a big difference, and the same sorts of nativist appeals just aren’t going to play here anymore — which I am very thankful for.

Still, Brexit is another sterling example of how, when people are justifiably angry about being screwed over, many of them may not vote in their best interests. And it’s emblematic of one of the more insightful comments I’ve heard recently about 2016 (and unfortunately I can’t figure out where I first saw it): When you have Latin American levels of inequality, you’ll end up with Latin American politics.

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