The British vote in favour of an exit from the EU has thrown the UK’s political system into chaos and shocked Europe and the world. The long-term consequences of this vote are still unclear, but some fear it could trigger the undoing of the UK and accelerate the disintegration of the EU. Many see this outcome as a new victory for populist movements, which are on the rise across much of the Western world. Something more fundamental, however, might be at play.
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