Forecasters, professionals and amateurs alike, all got it wrong. The Brexit came as a surprise because the bookmakers (people who organize bets on developments in politics, economics, and sports) reported that about three times more money was put on the event that Britain would stay in the EU than on its alternative. With poll results being inconclusive in the weeks before the referendum, this led many pundits to believe that Britain would stay in the EU.
Cutting taxes and achieving higher economic growth, as a result, is every politician’s dream. The 2016 parliamentary elections of Georgia showed just how important and controversial the question of taxation can become.
As the Election Day of October 8th approaches, we hear more and more about the platforms of Georgian political parties. Given that political competition is very fierce, one naturally expects to hear some blatantly populist statements – the kind of political promises (known to humanity from the times of Aristophanes) which are very popular among the voters, but are hard or impossible to implement in practice.
For the likes of Boris Johnson, currently UK’s most popular politician and a leading figure of the Brexit revolt, “The European Union has become too remote, too opaque and not accountable enough to the people it is meant to serve.” But how about the UK itself? How close are 10 Downing Street or Westminster to the working-class folks of England’s industrial north? How representative is Britain’s Eton-educated ‘political class’ of the people they are meant to serve?
In the old times, particularly after major crises, humans always looked for someone whom they could hold responsible. Ancient societies had scapegoats (either animals or humans) that would be sacrificed after a disaster. People believed that the sacrifices purified the community and helped avoid the punishment of the gods.