The decision by a majority of UK voters to reject membership in the European Union in Wednesday's hotly-contested referendum has been a devastating defeat for the corporatist domination of the European political and economic scene. It throws the corporate duopoly in the UK into turmoil, and also has the EU bureaucrats and the banking elite in Brussels and the financial capitals of Europe in a panic, lest other countries' voters, as in Spain and Italy, or even France and the Netherlands, decide to follow suit. (Spain had a national election Sunday which left the country in limbo, with no party gaining a majority, and with the new Unity Podemos left coalition in a position to rival the old pro-capitalist Socialists for leadership on the left which could ultimately lead to a departure of Spain from the EU.)
But for the US, which is not a party to the EU, there is also a huge lesson: 'Brexit,' despite being opposed by the political establishment -- Conservative and Labor -- and by the corporate elite of London's City, the financial capital of Europe, won this vote. And the reason the opponents of UK membership in the EU were able to win against all that powerful opposition, has, in no small part, to do with the fact that all the voting was done on paper ballots.