Brexit: Libertarianism Blows Up Keynesianism

I haven’t heard commentators say it, but the Brexit vote was actually a Libertarian assault on Keynesianism, that system of government graft which uses socialist giveaways to control and manipulate the populace, getting them to work and save for decades, and then inflating away the value of their savings in a few years. They boil the frog slowly, so that only the Ron Paul-types protest, and how many Ron Paul supporters or Libertarians have actually studied and understood Austrian School Free-Market Economics as presented by Mises, Hayek, and Rothbard?

That Brexit was carried out by the British People shows that the Liberty thread that ran all the way from Magna Carta through Henry VIII’s break with Rome to Cromwell’s Glorious Revolution, and onto Lord Acton and Lords John and Bertrand Russell, was no fluke, but something deeply ingrained in the British psyche. And this proclivity for Liberty is not something peculiar to the British people, but is a component of all the more reasonable forms of government, excluding of course dictatorships. The American and British forms of government, blemished as they may be, are far and away the best forms of government on the planet, and it is on this principle alone that a vote for Brexit was not only justified but absolutely necessary.

British Capitalism could not be conquered for centuries by foreign adventurers and monarchists, but now people are told that Federalism brings such economic benefit that it is alright, even beneficial, for them to give up their rights and self-government in order to have a higher material standard of living. Such “pragmatism” was soundly crushed by the Brexit vote.

What the European Nationalists had not been able to conquer in a thousand years with violence, they thought they could conquer in a few years through the nepenthe of Federalism and Socialism. But, in the first large manifestation against the Leviathan Socialist State since the Trump campaign, the voters of Great Britain gave ’em the V-sign in reverse.

Brexit gives us hope that Mankind will avoid the Big Motherism of Ms. Rodham, and turn once again to the uncomfortable Freedom of Liberty. There must be some element of deep sanity in Man that wants to turn him away from the great chaos of Socialism we see in America, Venezuela, and Europe, and turn him towards the sanity of an arduous Freedom. Enough of that sanity seeped through into the intelligence of the British voters to change the course of British history.

Ron Paul’s Presidential Campaign, begun in 2008 and continued in 2012, has finally born fruit in 2016, and Brexit is the child that he helped deliver. For the first time since the end of WW2, a people in the West have made a significant move towards Libertarianism, even if it is just the negation of a larger Socialism.

The politicians, bureaucrats, and corporate welfare-chiselers expected “Mrs.” Clinton’s Nehru jackets to be purfled with miniver after the Brexit vote, but now they see their ermine trampled with muddy boots by the masses.

To paraphrase a famous Englishman, Brexit may not be the end; it may not be the beginning of the end, but it is, perhaps, the end of the beginning.

The beginning of a true Jeffersonian-Rothbardian Libertarianism.

—Paul Grad, Libertarian Party of Oregon Gubernatorial Nominee 2014

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