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Brexit tells world to change path of globalization

By Zhu Yuan ( China Daily ) Updated: 2016-08-25 08:23:20

The implications of Brexit, or Britain's exit from the European Union, could extend far beyond the EU. It could be an antidote to the downside of globalization. Or, it could backfire on the problematic global economy.

Even many Britons in the "leave" camp were surprised that the majority of the country's people had voted to leave the EU. With the number of people demanding another referendum on the rise, it seems most of the voters who cast their ballots to leave the EU just wanted to register a protest to remind the British government of the problems or potential problems the country could face in the near future.

Yet the fact that 57 percent of the upper class wanted to stay in the EU while the middle class was fairly divided and two-thirds of the population below them supported Brexit - which a post-election analysis published in The Times, London revealed - speaks volumes of the dissatisfaction the majority of Britons felt because of the situation created by globalization or neo-liberalism.

Brexit tells world to change path of globalization

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