British capitalism and European unification, from Ottawa to the Brexit referendum

Christakis Georgiou


British capital has from the very beginning entertained an ambivalent relationship with the process of European unification. But that ambivalence has gone through different stages and since the outbreak of the financial crisis in 2008 a new, conflictual, stage in that relationship has begun. This is the essential backdrop against which the Brexit referendum should be understood. This paper surveys four stages in the post-war relationship of British capitalism with the European Union and offers some thoughts on what lies ahead.

Political economy - The State