Admittedly, I don’t know much about Brexit, but from what I have been exposed to, it seems like a decisively economical and political impairment that made travel and business with the rest of Europe more difficult and costly. Since it is so highly criticized as a terrible move, why doesn’t the UK just rejoin the EU?
Many good answers in this thread (and some stupid ones) but there are a few critical issues that the current British government will not accept.
First, currency. GB does not want to give up control over the pound, and their previous agreement did not force them to adopt the Euro. There are several other EU countries that have not yet adopted the Euro, but all except Denmark are obligated to switch over once certain criteria are met. GB might be able to negotiate that privilege again, but the EU is in a stronger bargaining position now.
Second, immigration. For as much as their country is suffering from their own strict immigration policies, the conservative government is still making political hay out of xenophobia and bigotry. Reopening the borders would be a tacit admission that their rhetoric was bullshit.
Third, taxes. Joining the EU means contributing to the EU, and while their nation may save money overall due to improved trade relations, the conservative government has made the cost of admission another talking point.
Basically, the current government would have to renegotiate readmittance to the EU, and they would get a worse deal than they had before. Doing so would make it obvious that leaving was a mistake, and their government could only be consisered an objective failure. So they won’t do it, even if it is the best option available.
Why didn’t Denmark have to switch to the Euro? I can see how back in the 70s the UK had enough bargaining power to keep the Pound, but Denmark?
Every country that joined the EU after the 1992 Maastricht treaty has to adopt the euro. Denmark signed that treaty, UK as well, but if they rejoin, they’d more than likely be treated as a new member.
I disagree - on paper sure they would, but at the end of the day the UK is the ≈2nd biggest economy in Europe (UK and France make up 2nd & 3rd and who is bigger changes every couple of years), unlike Georgia or Moldova or whoever else where their joining is barely noticeable.
That means that the EU is more likely to want the UK to join, vs smaller countries wanting to join the EU, although it would be mutually beneficial of course - the UK would likely increase the EU’s power a little more than the EU would increase the UK’s power, but saying that hides the fact that it’d probably be a 10+% increase in both cases.
Of course the EU could make an example of the UK if they were want to rejoin, but if they were to look at it objectively then they’d most likely reach the conclusion that the negatives of making the concessions they made before are far outweighed by the additional collective power of having the UK as a member.
This is exactly the mentality that made Brexit come true and the post-Brexit agreements such a mess: “The EU needs the UK more than the other way round!”. Now look at it and tell me who needs whom more?
Neither truly needs the other - both are hurt by Brexit but they’re both getting along ok without the other (although brexit was far softer than people tend to realise - aside from a few very major things the UK is still de facto in a lot of EU institutions, and not including issues caused by Russian invasions)
The best outcome for the EU would be to drag their feet and wait a decade for readmittance. Right now companies are moving from the UK to the EU.
Making the same concessions and signal to every other country that you can just hop in and out on a whim? Uhhh I have a bridge to sell you if you really believe that.
So Britain is in a sunk cost fallacy situation? If so who exactly in power is preventing us to rejoin?
First of all, all the politicians that would look bad after propagating Brexit. Then those few select rich who gained a fortune from Britain’s misery. And those people who fell for their lies, and simply can’t admit that they had been had. This is the one side.
The other side is the EU. Brexit has cost the EU a fortune, and a lot of work. Re-admitting the UK would be put them in a bind to make sure - absolutely sure - that such a shit show will never, ever, happen again. Basically “Fool me once…” And they would have to convince all current EU members that this time, the UK really means to join and stay and take the whole EU stuff seriously, and not just like they did when the UK joined for the first time: To be in just to be able to easier weaken them.
Well, ostensibly it’s the voters. Vote for progressive candidates.
The funny thing is that the UK now gets way more refugees than before, as France no longer sees the need to keep them back.
Not just that, all these trade deals we cut with other countries means visas for their citizens. Net immigration to the UK has tripled since Brexit from countries like India. I’m sure the racists and xenophobes are really happy with what they voted for.
Well at least all the people who enjoy Indian food will be happy.
Those other countries still accept the euro though right?
I think they do, but probably not guaranteed everywhere. Denmark might not, but I don’t know for sure. I know Czechia does close to the borders, but I haven’t been to the other countries myself to know.