A Hollow Crown: Britain’s Descent into Economic Irrelevance, Structural Decline, and Generational Hopelessness

A country is more than its economy, its society, culture, and attitudes are its truly defining characteristics, however without a strong financial foundation, these factors become meaningless. We now stand at a crossroads with two choices available to us, either we can accept the previous years of a destructive hollowing out of our nation and move on, or we can continue in ignorance, our economic failures disguised by the promise of future riches just around the corner. I must stress that this is a collective failure stemming from policymakers, business leaders, and unfortunately, a society that won’t acknowledge the severity of its quiet collapse. We have taken solace in the illusion of prosperity, hiding from the near-irreversible damage occurring in plain sight.

Our high streets are increasingly dominated by low-value businesses whose sole purpose is to mimic functioning commerce, to create an appearance of commercial activity and mask deeper economic weaknesses. A trip down the high-street feels more like a visit to a poor-performing trade convention, an endless array of soulless corporate entities, interspersed with vacant stalls and marketing detritus. There is something unnerving about a shiny new storefront, equipped with its glossy acrylic sign, Americanised slogan, and blinding LEDs, stuck between five empty shopfronts. This is Potemkin Britain, where the facade of productivity is more important than the reality, where the promise of future gains placates those experiencing the current reality. Our businesses operate in a state of perpetual survival, neither thriving nor dying completely, just existing in a near-lifeless purgatory of economic irrelevance, consuming resources for the sake of it. We have dined out on the achievements of past Britain, and now rely entirely on the promises of future Britain, forgetting that we live in current Britain, a place far less pleasant.

Short-termism is an affliction that infects any elected official, the need for constant political point-soring, poll boosting, and positive soundbite creation, dictates the vast majority of policy decisions. Why bother enacting real change for a whole generation, when it’s far easier to make a 30-second Instagram reel in a local factory wearing a high-vis jacket and hardhat, shaking hands with a forcefully grateful electorate. You’ve got five years in power, change is fairly unlikely, most people will hate you, and you’ll be blamed for every decision you make, so why not kick back, file those expenses, and try to squeeze your way into a couple of state-funded trips to somewhere warm. That seems to be the modus operandi of every new MP, and it’s totally understandable, yet it comes at a price that far exceeds a subsidised meal in the Houses of Parliament, and business class tickets to Davos. The true cost is a Britain that’s fatigued, that’s been hollowed out beyond recognition, and that can no longer be spurred on by Rule Britannia, montages of British WW2 acumen, and admiration from the odd tourist. We are a nation that has run out of steam, and worst of all, one that has run out of hope.

Now I am not for one moment suggesting that we need a form of Maoist leadership that replaces elections with the continuity of a singular ruler until death, and I do think that the threat of replacement via election has the potential to encourage a degree of improved performance. However, our current model of governance has bred a lack of accountability, and a focus on self-service, that puts a flattering headline and positive appearance on Good Morning Britain, over the true needs of society. We need to move beyond the obsession with party-political decision-making and accept that good ideas can come from all sides, and should be supported, or discarded based on merit. Too much time is spent debating policy minutiae in the hope of embarrassing your political opposition, rather than thinking of ways to address the real harm being done in every constituency nationally.

Britain’s history either inspires hatred and condemnation, or admiration and reverence, however in our current state, history is really not important. For too long the debate has bounced back and forth between one group that believes we should continually pay for our past sins ad infinitum, and another that believes we should return to our former existence and lead the world in as many disciplines as possible. The truth is, now is not the time to look backwards, we should instead focus on the state we find ourselves in today, and think of ways to improve our society for those currently living in it. Who cares about trying to retroactively punish, or celebrate, the Britons of the past, when the Britons of today are not being best served. We need to accept our reality, agree on a uniform way forward, and implement this as soon as possible. Yes, it might involve less grandstanding, debating, television appearances, and podcast commentary, but in exchange we may be able to walk down a high street that doesn’t call for the unveiling of a regional Dignitas clinic squeezed between The Vape Emporium and American Candy Land.

---

This article (A Hollow Crown: Britain’s Descent into Economic Irrelevance, Structural Decline, and Generational Hopelessness) was created and published by Sad Rabbit and is republished here under “Fair Use”