We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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And they worry the pound might crash? Pay attention to the euro.
– Zero Hedge
In all the talk and words about the UK Brexit vote last Thursday, a regular line is that the Leave side has been “misled”, and doesn’t know what it is doing, and it is going to have buyer’s remorse, etc, etc. Who knows, maybe that criticism is apt. However, it is a bit rich for those who, for example, favoured the creation of the European single currency, as many pro-Remainers did (they might hope we’d forget) to claim that those who wish to leave an entity with pretensions to be a superstate are not thinking of the risks. That is a bit rich.
The launch of the single currency is arguably one of the riskiest, most hubristic transnational projects of recent decades, and I still see very little sign of contrition for rolling out a new form of fiat money without creating the economic and political architecture to deal with life inside a one-size-fits-all interest rate.
One reason why remaining EU states are scared of what has happened is the fear that a eurozone member state, envious of how the UK has just voted, might have similar ideas.
I’m not British. However, I’m a reasonably frequent visitor to the United Kingdom.
I spent last Thursday night having dinner in New York City with a bunch of Brits from the home office of the London based consulting company I’m affiliated with. I’m not an employee, but I’m a close-enough friend of the company’s management that there that there’s much more of a spirit of “we” than “they” when I talk to them.
The whole firm was, of course, heavily on the “remain” side since they have contracts all over the continent and The City is a huge source of revenue. The reason The City itself has grown to be so huge is because it is the finance capital of Europe, and it vies with New York for finance capital of the world as a result.
That, sadly, may be over soon.
The firm’s business also relied (I should say relies, it isn’t gone, at least not yet) on being able to do things like taking a contract in Frankfurt and sending people there from London without more of a thought than an American firm would have about taking a contract in Stamford, Connecticut even though they’re based in White Plains, New York – another state entirely.
We in the U.S. are of course used to such things – we don’t give thought to the idea of someone from New York selling something to someone in Los Angeles or flying there to do work for a month. No one needs to give you permission to do this, you just go and do it. We’re one big market, and that has helped our economy tremendously over the centuries. Europe had finally become like that, a place where you could do business all over without permission, and with it, a whole new class of companies like the one I work with rose up, companies that didn’t trade with Europe but in Europe.
→ Continue reading: An outsider’s view of Brexit
Hi! I’m the guy who hosts, and looks after, Samizdata. I’m a software engineer.
Several years ago I did the port from old Samizdata for Perry, largely as a favour, but also because I believe strongly in free speech and that it should be heard. I’ve looked after it since that time.
So I’m basically a free speech activist rather than any stripe of “libertarian”.
And I don’t generally post, but Perry invited me to do so years ago, and I thought this was a worthwhile opportunity.
So why did I vote ‘Remain’?
→ Continue reading: Why the Samizdata System Administrator voted ‘Remain’
The Liberal Democrat party, with its host of 6 MPs (much reduced in 2015) have pledged to ignore the Brexit referendum result and to campaign for the UK to remain in the EU.
“Nigel Farage’s vision for Britain has won this vote, but it is not a vision I accept”, declared Lib Dem leader Tim Farron yesterday. “Even though the vote was close, the majority of British people want us to leave. But we refuse to give up on our beliefs”, he said.
Mr Farron, the relatively obscure leader of the party of heavyweights such as Cyril Smith, went on:
Mr. Farron argued that his party’s proposition was justifiable in a democratic society as older people’s votes were somehow less valid and because a vote against the EU was really a vote against Westminster.
“This was not a vote on the European Union alone”, he said, but a “howl of anger” against politics.
So, once the votes are counted, and if that ‘fails’, they are then ‘interpreted’ and in line with socialist logic, they don’t mean what a plain reading might fairly be taken to show that they mean. But is he not also saying that the vote was against him, as a member of the Westminster Parliament?
I would like to contrast this attitude with that of General Pinochet, well-known ‘strongman’ of Chilean politics from 1973 to 1990, who held a referendum on his junta (well, him) continuing to rule Chile in 1988, and who respected the outcome rejecting his continued rule, with a little prodding perhaps from General Matthei, the Air Force member of the junta (and friend of the UK in the Falklands War), who called for the result to be respected.
I suppose what we are seeing is a political auto-endoscopy by the Left, each trying to get further up their own arses than the other, with Nicola Sturgeon, Scotland’s First Minister indicating that the Scottish Parliament may have a veto on Brexit, a surprising interpretation of constitutional law from someone who is a solicitor.
I am confident that the bulk of people will see through all this, and see the Left, in all their shades, for the totalitarians that they are.
(I do not know who made this image. If you are the creator, let me know and I will be happy to give credit.)
Senlac Hill, the figurative venue for the re-match.
And as before, the huscarls and fyrd shouted the battle cry: “Out! Out! Out!”
The enemy were not my Norman ancestors this time, but rather David Cameron in the role of William the Bastard, with his knights arranged around him with names like Jean-Claude Juncker, J.P. Morgan, Barack Obama, Tony Blair, and oh so many other members of the global establishment who disdainfully ordained that the order of things must not be upset, and snouts must be left undisturbed in the troughs to which they have become accustomed.
But this time… oh this time… it was not the embodiment of England who took an arrow in the eye but rather Dave the Bastard. This time just enough of the fyrd refused to take the bait, declining to rush forward off the hill leaving the huscarls exposed. This time they stood fast behind a forest of spears and a wall of shields, against which the forces of Dave the Bastard charged and died. We shall not be moved!
And in this glorious re-match, who has been cast in the role of King Harold Godwinson? It is hard to say, for he is wearing a helmet, but I have a sneaking suspicion when he takes it off, he will have very blonde tousled hair.
Britain has just angrily shrieked two words and they are: FUCK YOU!
I am a very happy man today.
Dave Rex Interfectus Est?
UPDATE: YES!!!! Dave Rex Interfectus Est!
That moon-faced toad David Cameron did indeed take the arrow in the eye he so richly deserved and has resigned! W00t! 😈
It is not over, but things are looking good for Leave.
Update: Some internet sites where you can watch what is turning out to be a political earthquake:
The Guardian‘s live blog. Hats off to them, this is the obvious first place to go.
EU referendum rolling forecasts by Chris Hanretty, Reader in Politics University of East Anglia
Political Betting.com. Sample headline “The results so far have developed not necessarily to Remain’s advantage”. A student of history, then.
*
First thoughts:
– THE UNITED KINGDOM WILL LEAVE THE EUROPEAN UNION.
– The working class did it. The issue was immigration. It wouldn’t have been my choice for main issue, but I am not ashamed to have been in a broad alliance. I’ll gladly bear the next election being won by a party I don’t like in exchange for elections mattering again.
– Talking of which, who will win the next election? Which parties will fight it? When will it be? No idea.
– Shy Leavers. And I hesitate to say this, but the atmosphere of blame following the murder of Jo Cox will have been perceived by many as moral blackmail.
– The EU is holed beneath the waterline. People worldwide have seen that impossible things can happen.
– President Trump? His visit to these shores is spookily well timed.
– Prime Minister Cameron? – 2010-2016
– Don’t assume that the SNP actually wants another Scottish independence referendum. Right now a second indyref would have the same result as the first.
The pro-Remain Daily Mirror has an odd choice for its front page:
Update: Mr Ed has suggested the following caption:
“THIS IS WHERE THE MONEY GOES”
I know what the Mirror is trying to say, but what with “REMAIN” being in capitals and larger type, the instant impression that it gives to me is that REMAIN is a deep dark hole sucking the hapless voter inwards to destruction. A valiant effort by the Leave mole in the Mirror graphics department, but judging by the final polls, it may not be enough. But don’t let the polls cause you to give up and not bother voting: the pattern has been that phone polls tended towards Remain and online polls towards Leave. I attribute this to “Shy Leavers” being put off from disclosing their true intentions to a possibly disapproving human being, particularly since the murder of Jo Cox. I could, of course, be wrong in this supposition. But it is worth a go.
My final Referendum thought? It’s one you could share with undecided left-wingers. A Leave win would increase the chance of Labour winning the next election, an outcome I do not want. But better a thousand times a party with the wrong policies in power for a few years in a system where we retain the power to throw them out next time than being sucked past the event horizon of the European Union, where all votes are votes for ever closer union.
Simon Gibbs, who will eventually have his own proper samizdata by-line that does not run across the Atlantic and back, has something else to say:
News from the front line. This comes via a brace of energetic libertarians and their allies who were giving out Libertarian Home branded leaflets today on Oxford Street. The office-worker demographic which was missing from our previous visit was back in force and so the tone of the crowd became much more hostile. Not just taking the other stance in greater numbers, but becoming rude and a little shouty. It seems anyone more removed from the coalface than a shop owner is much more inclined to be a Remainer, and perhaps less friendly too.
This may be hearsay, but the Remain camp were apparently out elsewhere on Oxford Street giving out croissants this morning. We had picked up news (from the ice-cream salesman next to Charing Cross) that the Remain camp had also been out there giving out cakes a week or so earlier. The lady selling Lion King tickets – in the same spot – had apparently feigned agreement and claimed an illegitimate hot-dog. Main course, pudding and a bonus breakfast all served up by the Remain camp.
From where does the money for large quantities of free-food come from?
The statistics to hand have 47% of the population clearly in the second category, where our direct experience had ~90% voting Leave. It seems there is a pivot point somewhere in the range of C1 or C2 where Remain begins to out number Leave. Just as there is apparently a pivot point at age 43. Where exactly the pivot points are will determine the result, but I fear we will find it was a wealthy elite that keeps us in Europe. Divisions like that have consequences.
Socialists complain about jurisdictional competition as a “race to the bottom,” as more successful societies put pressure on the less-successful ones to lower taxes, relax irrational regulation, and terminate failed state boondoggles. This is seeing things from the perspective of the state. Viewed from the perspective of the individual, jurisdictional competition is a race to the top: a competition between jurisdictions to provide the better environment for starting or expanding a business, pursuing a meaningful personal goal, or merely living free from the ability of other people to force their views of how you should conduct your life. America benefited greatly from general jurisdictional competition in previous eras, and has suffered from the lack of it more recently. Gaining an attractive partner and a friendly competitor for the talent of citizens and other productive newcomers would significantly expand national and personal options in coming decades.
– James C. Bennett
It is rare at the moment to see an advocate for Remain come out openly and state that the lack of democracy is precisely what is good about the European Union. Most Remainers I encounter will bluster that there is nothing undemocratic about it, that MEPs have lots of powers, or that powers wielded by bureaucrats are okay because they are holding delegated powers, and stop moaning, shut up, etc. But Sam Bowman, of the Adam Smith Institute (broadly pro-leave as far as I know although there isn’t an official stance) has this to say from a FB posting he made the other day and which, he stresses, isn’t the official ASI view:
I like and respect many Leavers, but I’ve never shared their enthusiasm for democracy – I want liberty and prosperity, and I don’t want to trade that in just to give my stupid next-door neighbours more power over my life. To the extent that the EU does restrict democracy it is often for the best, preventing governments from doing nasty, illiberal things (like restricting immigration or subsidising domestic firms). There’s a small chance that a Jeremy Corbyn could be elected – if he is, under the British political system he would have basically unlimited power to do whatever he wants. The EU limits that power, and in my view that’s a good thing.
Of course, there are perhaps several reasons why you won’t read such a bracing critique of democracy from most Remainers. For a start, it would produce condemnation from all sides, including those on the Remain side who would be embarrassed that one of their side had spilled the beans, as it were. It is also brave to state a key issue of political theory, which is that, if you love liberty, then democracy can be as much a bug as a feature. The greatness of the United States, at least in terms of how it was conceived by the Founding Fathers, is that it is a constitutional republic, first and foremost, not a democracy. Democracy is the least-worst way we have of getting rid of governments; it is not a sure guardian of liberty, and there are examples of how democratically elected governments have trampled on property rights and other rights. Even if the UK does quit the EU – I personally suspect the Remain side will win this week – there is a real need to address how some of the checks and balances of the UK political order have been weakened dangerously by a succession of Conservative and Labour governments. The Common Law has been badly weakened and often this cannot be blamed on the evils of Brussels. We did this to ourselves. There aren’t a lot of Edward Cokes, Thomas Jeffersons, John Lockes or James Madisons on the Leave side, but we are going to need to do some clear thinking on the kind of country we want.
I personally think that Sam is wrong about the beneficial constraints, as he sees it, of the EU. It may be that some oppressive and foolish measures have been struck down by the EU, but there are also cases – such as a recent horrific example of the EU Arrest Warrant – where the illiberality of the EU is all too clear. Some dumbass British laws may have been struck down, but this is outweighed by outrages that haven’t been. The Leveson restrictions on the free UK press do not, as far as I know, face a challenge from Europe; the EU arguably is in favour of such a move. Quite a lot of the restrictions on freedom of speech in order to outlaw “hate crimes” haven’t been restricted by our being in the EU and the EU is pushing for moves in this area, in fact. Not many checks or balances there, I am afraid. I cannot think of any major “nanny state” restrictions pushed for at a UK level that have been beaten back by Brussels (I invite readers to give any cases if they exist). The regulatory upswing in the UK after the financial crisis has been made worse, not restricted, by the EU. The EU is pushing for additional layers of regulation on the City, and hasn’t as far as I know pushed in the reverse direction. In areas such as health and safety, the record of any constraint is non-existent.
Some subsidies and so on have been restricted by the Single Market, but that seems to be the main area where the EU might have been a net plus from a classical liberal point of view in keeping national lawmakers in check.
Sam’s other points are well made, but too much of it seems like he is against Leave because of that “tone” issue I mentioned the other day here. I am afraid I have long gone beyond the point where this matters to me one iota.
Addendum: Here is a nice item on James C Bennett, whom is known by some of us here, about the EU and the case for Brexit. Here is a link to his book, Time For Audacity.
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