Brexit: understanding the socio-economic origins and consequences
Author(s)
Wood, G
Wright, M
Griffith University Author(s)
Year published
2016
Metadata
Show full item recordAbstract
The unprecedented geopolitical shift resulting from Brexit reflects deep socioeconomic
fault lines within and beyond the UK. In many ways foreshadowing the
US presidential election of Donald Trump, Brexit brought to the surface and gave a
public voice to socio-economic divisions that were deeply embedded, sometimes
illogical, but until now had either been ignored or hushed out of ‘respectable’ public
debate. This Discussion Forum emanates from a spontaneous seminar organized
2 days after the Brexit vote on June 25, 2016 as part of the SASE conference
held in University of California–Berkeley and followed by an open call for ...
View more >The unprecedented geopolitical shift resulting from Brexit reflects deep socioeconomic fault lines within and beyond the UK. In many ways foreshadowing the US presidential election of Donald Trump, Brexit brought to the surface and gave a public voice to socio-economic divisions that were deeply embedded, sometimes illogical, but until now had either been ignored or hushed out of ‘respectable’ public debate. This Discussion Forum emanates from a spontaneous seminar organized 2 days after the Brexit vote on June 25, 2016 as part of the SASE conference held in University of California–Berkeley and followed by an open call for papers by Socio-Economic Review. The papers here draw attention to the origins of the Brexit vote in deep-seated socio-economic divisions (O’Reilly), widening differences in economic performance across sectors and regions of the UK (Froud, Sukhdev and Williams) and the growth of poor quality jobs (Warhurst). Meanwhile, the political dynamics of the Brexit vote were also shaped by the fractured nature of UK business elites (Morgan), divisions between locals and cosmopolitans (Grey) and creative but muddled actions of elites that arguably generated consequences they themselves failed to fully anticipate (Wood and Wright). From the perspective of Europe, Brexit reflects a history of dysfunctional economic policy in Europe that prioritized market competition in ways that neglected and ultimately undermined solidarity (Boyer). Here, Brexit reflects a political strategy to both renationalize and recommodify solidarity in the face of fears over migration, and which are likely to have major consequences for social solidarity in Europe more generally (Frerichs and Sankari). However, Brexit is unlikely to provide a durable social and political solution to the wider tensions between globalization and democracy, which also affect all countries throughout Europe (Rona-Tas). Ultimately, the Brexit vote underlines social divisions that combine class inequalities with regional ones, not just in Britain but throughout Europe (Le Gales).
View less >
View more >The unprecedented geopolitical shift resulting from Brexit reflects deep socioeconomic fault lines within and beyond the UK. In many ways foreshadowing the US presidential election of Donald Trump, Brexit brought to the surface and gave a public voice to socio-economic divisions that were deeply embedded, sometimes illogical, but until now had either been ignored or hushed out of ‘respectable’ public debate. This Discussion Forum emanates from a spontaneous seminar organized 2 days after the Brexit vote on June 25, 2016 as part of the SASE conference held in University of California–Berkeley and followed by an open call for papers by Socio-Economic Review. The papers here draw attention to the origins of the Brexit vote in deep-seated socio-economic divisions (O’Reilly), widening differences in economic performance across sectors and regions of the UK (Froud, Sukhdev and Williams) and the growth of poor quality jobs (Warhurst). Meanwhile, the political dynamics of the Brexit vote were also shaped by the fractured nature of UK business elites (Morgan), divisions between locals and cosmopolitans (Grey) and creative but muddled actions of elites that arguably generated consequences they themselves failed to fully anticipate (Wood and Wright). From the perspective of Europe, Brexit reflects a history of dysfunctional economic policy in Europe that prioritized market competition in ways that neglected and ultimately undermined solidarity (Boyer). Here, Brexit reflects a political strategy to both renationalize and recommodify solidarity in the face of fears over migration, and which are likely to have major consequences for social solidarity in Europe more generally (Frerichs and Sankari). However, Brexit is unlikely to provide a durable social and political solution to the wider tensions between globalization and democracy, which also affect all countries throughout Europe (Rona-Tas). Ultimately, the Brexit vote underlines social divisions that combine class inequalities with regional ones, not just in Britain but throughout Europe (Le Gales).
View less >
Journal Title
Socio-Economic Review
Volume
14
Issue
4
Subject
Economics