Link blog: brexit, conservatives, business, capitalism

Brexit is a necessary crisis – it reveals Britain’s true place in the world | David Edgerton | Opinion | The Guardian
Makes the point that the Tories are no longer the party of business. As a result “The state can no longer undertake the radical planning and intervention that might make Brexit work. That would require not only an expert state, but one closely aligned with business. The preparations would by now be very visible at both technical and political levels. But we have none of that.”
(tags: capitalism business conservatives brexit)

One thought on “Link blog: brexit, conservatives, business, capitalism”

  1. It’s a long article but as usual the core of thought is small,

    > The state can no longer undertake the radical planning and intervention that might make Brexit work. That would require not only an expert state, but one closely aligned with business.

    This is kinda true, but it is Hayek’s point: the central powers just don’t know enough to centrally run the economy. This is an argument against Brexit: the govt is simply too incompetent to manage such a major change (a more competent, business-understanding/friendly govt might do better, but would still struggle). But it’s also an argument against an interventionist EU, and hence against membership of the same.

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