Is Socialism on the agenda for post-Brexit Britain? | Hudson McKenzie

Is Socialism on the agenda for post-Brexit Britain?

February 12, 2018 | Latest Thinking, News

With Brexit looming closer by the day, could the eventual transition out of the EU become a catalyst for a new wave of Socialism to rise across British shores?

Following from the UK’s EU Referendum in 2016, which saw a nation divided between whether the UK should stay or leave the EU, Brexit has been a clear demonstration of how the people of a ‘United’ Kingdom, could actually become quite divided.

This was then further demonstrated by the following UK General election in 2017, in which once more left the nation divided to the extent of having a ‘hung’ parliament for the first time in seven years.

Therefore, it is clear that based upon recent events, a divided nation boils under the surface of what appears to be a cohesive governmental form.

Thus, will Brexit be the straw that breaks the camel’s back, so to speak? Will Brexit lead to Socialism having new powers within UK governance and economy? For instance, even the Labour party prophesied last year that Brexit would make a “Socialist Britain” possible.

Other factors to be also taken into consideration, post-Brexit, are regarding the technological advances that will also occur, in which could mean that the British economy will need to adapt accordingly – as can also be seen from the upcoming changes to GDPR, as an example.

From a Socialist perspective, these changes in technological advances could also become the opportunity that Socialists have waited for, specifically regarding the severing of ties between the mentality of work equating to money. This is especially because of the rise of a more digitally based financial sector, in which could see physical money disappear altogether.

However, depending upon the outcome of the ongoing Brexit negotiations, the foreseeable Socialist state of Britain remains an ideology for now – yet the upcoming General Election in 2022 post-Brexit could swing the UK government and economy more into this direction, given the current state of affairs within the UK at present.

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Author: Portia Vincent-Kirby