By Alec Hogg
There’s a clamour among UK elites for a second Brexit referendum, spearheaded by two major newspapers yesterday predicting despite citizens voting 52-48 vote to leave the EU, the UK will not actually depart.
News reports refer to many voters having changed their minds after discovering the “Leave” camp never provided the full story. So, given another chance, they’d apparently vote differently. Optimism among the propagators of an “Are Your Sure?” recount is contagious – Mr Market has stopped selling Sterling, banking and property shares.
Then again, it is also a predictable reaction from vested interests. Big Government and Big Business have much to lose if the status quo is shaken up. Last week, the unlikely alliance between Eurosceptic free marketeers and anti-immigration nationalists prevailed. Concessions from Brussels might swing some in one of the camps. But sure it’s impossible to please both.
After the Global Financial Crisis, Quantitative Easing, low growth and zero interest rates, most agree the Western World needs a reboot. But now that the UK has pushed that button, aversion to change is surfacing. Brexit let the genie out of the EU bottle. And as we learnt from the Arab Spring, it’s rather difficult to put him back in.
From Biznews community member Ian Jayes
The people clamouring for another referendum are the very people
responsible for all the dissatisfaction that resulted in a “leave” vote.The “elites” in the UK have had it too good for far too long.
Forget reforms in the EU, reform of the UK electoral system is long overdue. As Nigel Farage said: How can you get 4,000,000 votes and not have a seat in Parliament.
It is time to do away with the “winner-takes-all” constituency system and replace it with proportional representation where every vote cast counts.
It is possible to have the best of both worlds by having half the seats in Parliament represented by constituencies and half by proportional representation.
It would mean reducing the number of constituencies by half and making them twice as large.
