BREXIT: Globalists Cry–Running Mad Like Headless Chickens

Screen Shot 2016-06-26 at 9.26.48 AMBritain’s new found freedom has globalists freaking out. This column outlines their exact fears. It’s kind of hilarious.

Britain’s historic vote to leave the European Union is already threatening to unravel a democratic bloc of nations that has coexisted peacefully together for decades. But it is also generating uncertainty about an even bigger issue: Is the post-1945 order imposed on the world by the United States and its allies unraveling, too?

Britain’s choice to retreat into what some critics of the vote suggest is a “Little England” status is just one among many loosely linked developments suggesting the potential for a reordering of power, economic relationships, borders and ideologies around the globe.

Slow economic growth has undercut confidence in traditional liberal economics, especially in the face of the dislocations caused by trade and surging immigration. Populism has sprouted throughout the West. Borders in the Middle East are being erased amid a rise in sectarianism.China is growing more assertive and Russia more adventurous. Refugees from poor and war-torn places are crossing land and sea in record numbers to get to the better lives shown to them by modern communications.

Accompanied by an upending of politics and middle-class assumptions in both the developed and the developing worlds, these forces are combining as never before to challenge the Western institutions and alliances that were established after World War II and that have largely held global sway ever since.

Britain has been a pillar in that order, as well as a beneficiary. It has an important (some would argue outsize) place in the United Nations, and a role in NATO, the International Monetary Fund and the World Bank — the postwar institutions invested with promoting global peace, security and economic prosperity.

Now Britain symbolizes the cracks in that postwar foundation. Its leaving the European Union weakens a bloc that is the world’s biggest single market, as well as an anchor of global democracy. It also undermines the postwar consensus that alliances among nations are essential in maintaining stability and in diluting the nationalism that once plunged Europe into bloody conflict — even as nationalism is surging again.

“It’s not that this, in and of itself, will completely destroy the international order,” said Ivo H. Daalder, a former American representative to NATO who is now president of the Chicago Council on Global Affairs. “But it sets a precedent. It is potentially corrosive.”

The symbolism was pointed in China on Saturday morning, two days after the British vote. In the packed ballroom of a Beijing hotel, China’s new international development bank held its first meeting of the 57 countries that have signed up as members. The new institution, the Asian Infrastructure Investment Bank, is designed to give China a chance to win influence away from the World Bank and the International Monetary Fund.

“History has never set any precedent,” the new bank’s president, Jin Liqun, once wrote of the United States and its Western allies, “that an empire is capable of governing the world forever.”

Even as European leaders held a flurry of meetings on Saturday to weigh a response to Britain’s departure, President Xi Jinping of China welcomed President Vladimir V. Putin of Russia to Beijing for a brief state visit. More than China, Russia is an outlier to the American-led international system, and Mr. Putin — at best a wary partner of China, which itself has severe economic challenges — in recent years has worked to divide and destabilize Europe.

Mr. Putin has troubles of his own, including an economy hurt by low oil prices, that could limit his ability to exploit the moment. Still, for him, analysts say, the British vote is an unexpected gift.

Russia has nurtured discord inside the European Union by supporting an array of small, extremist political parties that foment nationalist anger in different countries. Russia’s seizure of Crimea in 2014 and meddling in eastern Ukraine directly challenged the rules-based international system of respecting national borders and led to a continuing political confrontation with the United States and Europe.

“Vladimir Putin will be rubbing his hands in glee,” the British historian Timothy Garton Ash wrote in The Guardian. “The unhappy English have delivered a body blow to the West, and to the ideals of international cooperation, liberal order and open societies to which England has in the past contributed so much.”

The end of Pax Americana is not a new theme. Predictions of American decline were rampant after the global economic crisis in 2007 and 2008, amid parallel predictions of the dawning of a new Chinese century.

But the American economy steadily recovered, if imperfectly, while China has unnerved many of its Asian neighbors with a newly aggressive foreign policy. Chinese overreach opened a path for renewed American engagement in Asia, the fastest-growing region in the world, as President Obama called for a “pivot” to Asia.

Analysts disagree on whether this pivot signaled a declining American interest in European affairs and contributed to the Continent’s current problems. Part of the Obama administration’s rationale was to extricate the United States from decades of costly involvement in the Middle East at a time when that region was in upheaval.

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