Brexit


Britain has always been free, an independent pioneer in politics, constitution, world exploration and trade. Its own master. And it’s done pretty well so far.

In 1215 at Runnymede on the River Thames, King John agreed the terms of what would become known as the Magna Carta, the Great Charter. This was the world’s first major Constitution, placing limitations on the use of political power, and setting out the fundamental rights and liberties of the nation’s citizens in words many of which have been repeated in subsequent constitutions throughout the world.

During the 1600s, a fledgling Parliament struggled for the right to make the nation’s laws, eventually replacing Absolute Monarchy with the foundations of modern Democracy, which Britain's hardy sons would take with them to their new land of America.

In the 1700s Britain took the lead in developing the machines and power sources which gave rise to the industrial revolution, then gradually humanizing its working conditions during the 1800s with a series of Factory Acts while steadily widening the franchise to give more and more working people the vote.

As an island, Britain has always been a nation of explorers, mapping the world and setting time and navigational standards. Since 1884, the world has set its clocks according to the time of day on the Meridian of Greenwich, longitude 0°. In Britain too, a clock was developed which could keep perfect time in the roughest seas, thus permitting accurate navigation by the sun and stars.

Meanwhile for some two hundred years or so from 1750 to 1950, Britannia ruled the waves, presiding over an Empire on which the sun never set. Many of the Commonwealth nations today continue to use and to benefit from the infrastructure, the political and judicial systems put in place by the mother country.

Emerging from the Victorian Era into the 1900s, the country survived the first world war and the economic slump which followed, only to be drawn once again into war. As often seems to be the case, Britain was at its best when facing adversity, drawing upon hidden reserves of strength supported always by good humour. For a while Britain stood alone against Nazi Germany, as the continental European countries capitulated or joined the enemy. This was, as Winston Churchill declared, Britain’s finest hour. Or one of them anyway.

The end of World War II saw the growth of a ‘Euro-Idealism’. It started with Germany and France, ‘hands across the Rhine’ and a tearful ‘we’ll never fight a war again’. At first, a Common Market of six, Britain was drawn in, seduced by its apparent idealism. And the EU expanded, overwhelmed indeed by a tide of eastern European countries escaping Communism.

As the new European Union took shape, it showed a darker image. Glitzy new glass-and-concrete buildings adorn the Strasbourg periphery, grants are handed out liberally, and fraud is widely though quietly accepted. Democracy became, and remains a pure formality, the member States now overwhelmed with a flood of Regulations and Directives, formulated behind closed doors by the Brussels Bureaucracy. Between 2000-2013 the EU generated 52,183 ‘legal instruments’ while in the same period Britain’s Parliament managed the country with only 467 Acts, openly debated.

And despite all that hyperactivity, Europe stagnates economically, while its major constituent nations consider seriously whether they’d do better to follow Britain’s Brexit... all except Germany, which enjoys a currency under-valued by some 6-7% giving its exports a substantial lead.

Britain meanwhile, has its own persistent problems which membership of the EU has done nothing to alleviate.

Quite apart from Euro-annoyances, Britain has widespread areas of persistent unemployment, our industries lag in productivity, and the rich get richer while the rest of us stagnate economically. London as a world financial centre is our major success story, but there are on-going questions about the morality, even the legality of its operations and in any case, the beneficiaries are relatively few. And government, like governments everywhere, is costly, takes the lion’s share of our incomes, and lacks any incentive to increase its productivity.

Perhaps a shakeup will provide the impetus for a fundamental review of our current status and our potentials, with a view to finding some new answers. Our major problems come down to three fundamental issues, and solutions are readily available.

ONE: Jobs and Productivity
Unemployment, low productivity: Industrial Development Banking can respond. The Project, the Business Plan itself, thoroughly researched and with ongoing monitoring, provides the loan security. Project-based Investment can create jobs, expand and improve industry, targeted into historically under-employed areas, and finance public infrastructure – without adding to the deficit. It’s been done successfully before, many times.

TWO: A Fair Day’s Pay
A single standard system of Job Evaluation provides a fair and stable relationship between work and reward. This works through to prices when coupled with profit ceiling. Spinoffs: expansion to full employment without inflation, and your money buys more each year not less. Yes, really. Work Evaluation: the Science of Social Justice.

THREE: Better Government – less cost
Governments have become secretive, arrogant, oversized, inefficient, and costly. Accountability, productivity. Industry does it; why not government?

Growing frustration and discontent in Britain forced a Referendum, and the Nation has spoken.

This is where the story really starts.

Check the follow-up:
Development Banking for Jobs and Productivity


People for Peace – Government for Peace – Britain for Peace
Britain for Peace

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