I Have Seen London’s Future and It Is Caracas

Though Dalrymple supports Brexit, he says at the Library of Law and Liberty that Britain’s primary problems are unlikely to be solved by it:

And the economic auguries for Britain are indeed poor, though not only, or even principally, because of the European Union’s hostility. The fact is that Britain is unlikely to be able to take any advantage of life outside the European straitjacket because its own political class is itself in favour of straitjackets that are no better, and quite possibly worse than, the European ones. The present Prime Minister, Theresa May, is very much a statist, indistinguishable from European social democrats, and the leader of the opposition, Mr Corbyn, who might well be the next Prime Minister, is an unapologetic admirer of Hugo Chavez. It is hardly to be expected that foreign investors will place much trust or confidence in an isolated country whose next government might very well weaken property rights, impose capital controls and increase corporate taxation in favour of supposed social justice. It would not take very long to turn Britain into a northern Venezuela: a Venezuela without the oil or the tropical climate.

And for those who complain (perhaps fairly) that Dalrymple criticizes without offering solutions:

These problems…can be solved only by something more resembling a religious revival than by any likely government action. But expecting a population to bethink itself while simultaneously being offered political solutions that require no effortful cultural change is unreasonably optimistic.

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