Philosophers On Brexit - Daily Nous: Last week, a majority of voters in the United Kingdom supported Brexit, the proposal for Britain to leave the European Union. The referendum’s outcome was a surprise to many elites, journalists, and academics, and even some pro-Brexit voters are experiencing “bregret” (aka “regrexit”). A petition has been circulating to run a second referendum, but exercising that option has apparently been ruled out. The victory of the “Leave” campaign has been attributed to various factors, including xenophobia, lies by its proponents, voter ignorance (though see this), fear of a loss of “Britishness,” and economic resentment. It has already been blamed for eliminating $2 trillion dollars worth of value in global markets, and costing the UK $350 billion, which “transformed the country overnight from the fifth largest economy in the world to the sixth.” What should we make of this result, and of the processes and conditions that led to it? To help think about and discuss these matters we have invited a number of philosophers and political theorists to share some brief remarks. As with previous installments in the “Philosophers On” series, these contributions are not comprehensive statements, but rather focused thoughts on specific issues, meant to prompt further discussion, here and elsewhere. Contributing are: Rebecca Bamford (Quinnipiac University) — Pursuing the European Experiment while Addressing Disenfranchisement and Discrimination Jason Brennan (Georgetown University) — Brexit: A Bad Choice for a Referendum Sophie Grace Chappell (The Open University) —- Political Deliberation under Conditions of Deception: the Case of Brexit Helen De Cruz (Oxford Brookes University) — Being Friends with a Brexiter? Lisa Maria Herzog (Goethe-Universität Frankfurt am Main) — Saving an EU Worth Saving? Kristina Meshelski (California State Universty, Northridge) — No Way Out Martin O’Neill (University of York) — Brexit and Intergenerational Justice Regina Rini (New York University) — The Tragedy of Political Identity Eric Schliesser (University of Amsterdam) — Brexit: A Political Transformative Experience This particular edition of Philosophers On was suggested and put together by Helen De Cruz. My thanks to her, and to all of the other contributors, for participating in this discussion. The idea of the “Philosophers On” series is to explore the ways in which philosophers can add, with their characteristically insightful and careful modes of thinking, to public conversations about current events, as well..
Joseph Stiglitz's recent article in Vanity Fair is an excellent analysis of the western world's current economic problems. Stiglitz is a professor of economics at Columbia University and a Nobel prize winner . The article asserts a central tenet of modern economic theory that strikes me as elementary . That tenet is that a strong economy is based upon the spending of a robust middle class . That, historically, is what drives consumption . In America, the owners of businesses are short sighted to simply cut taxes to their own class, because their own class benefits most from a flush middle class . What they gain in the short term, they lose in the medium to long term. In addition, they condemn their businesses and the overall economy to more frequent and unnecessary boom and bust cycles in the process. The American economy is undermining its own engine of growth, consumption , in the hapless pursuit of immediate riches for the wealthiest Americans, who need the m...
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