Summary
Five years after Brexit, its economic and political effects are still unfolding.
Trade with the EU has become more expensive and complex, with mid-sized businesses struggling the most.
UK economic growth is projected to be 4% lower long-term, and new trade deals haven’t offset EU losses.
While public opinion has turned against Brexit, rejoining the EU remains unlikely.
Prime Minister Keir Starmer aims to improve relations but won’t re-enter the single market, as both sides cautiously rebuild ties.
How would you design a system where capitalism actually works.
Because all major capitalist system are currently leaving a lot of people behind, in their feeding, transporting, and warming…
It depends on what you consider capitalism.
Suppose you would take the system we have today, put all the stock of every company in a big fund and give everyone equal voting rights in, and profits from, the fund.
That would be a very anarcho-communist world. All economic power would be with the people, not the state, evenly divided, so no one would be richer than anyone else.
But others would call it capitalism because it would be the exact same system we have today.
That would not be capitalism at all though.
Your big fund is basically the equivalent of making every company government owned and turning thr government into a direct democracy.
Then there wouldn’t really be a concept of ownership of companies at all… Like there currently is in capitalism, because if everyone owns it, no one owns it, we don’t own the government…