Summary
Five years after Brexit, its economic and political effects are still unfolding.
Trade with the EU has become more expensive and complex, with mid-sized businesses struggling the most.
UK economic growth is projected to be 4% lower long-term, and new trade deals haven’t offset EU losses.
While public opinion has turned against Brexit, rejoining the EU remains unlikely.
Prime Minister Keir Starmer aims to improve relations but won’t re-enter the single market, as both sides cautiously rebuild ties.
No it would not be even close to being equivalent to gov+dd, because the government and fund would be totally separate power structures.
You could modify the scheme so that dividends and profits only go to retirees, which would make it a giant retirement fund.
Some people argue China is capitalist and others argue it is socialist or communist.
Truth is, these are all 19th century debates on archaic terms. Every developed country today has a mixed-mode economy with some form of capitalism combined with some form of communism.
It’s more fruitful to discuss how we harness the power of each system in a way that benefited humanity.