Brexit Marks the End of Britain as a Great Power

Fareed Zakaria: “One of the great strengths of democracy is that bad policies are often reversed. That’s a consolation when we look at the flurry of pandering programs being enacted as the populist wave works its way through the Western world. When a new government is elected, things can be undone. Except for Brexit, which, if it goes through, might prove to be the most profound legacy of this decade.”

“Britain, famous for its prudence, propriety and punctuality, is suddenly looking like a banana republic as it makes reckless decisions, misrepresents reality and now wants to change its own self-imposed deadline. But if it does leave the European Union, it would be bad news for Britain, Europe and the West.”

“The world order as we know it was built over two centuries, during the reigns of two liberal, Anglo superpowers — Britain and then the United States. Brexit would mark the end of Britain’s role as a great power, and I wonder whether it would also mark the day that the West, as a political and strategic entity, begins to crumble.”