Sony Kapoor Talks to James Surowiecki About Brexit

The Political Scene | The New Yorker

The New Yorker

Politics, Washington, News, Obama, Wnyc, President, Lizza, Barack, Wickenden

4.3 • 3.9K Ratings

🗓️ 11 July 2016

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The United Kingdom holds one of the world’s financial capitals; its decision to leave the European Union caused an earthquake in the markets. Even as markets stabilize, the political and economic uncertainty in Britain continues. James Surowiecki, who writes The New Yorker’s Financial Page column, spoke with Sony Kapoor, a British macroeconomist and the managing director of the think tank Re-Define, and a staunch opponent of Brexit. The British, Kapoor says, have been acting like the “spoiled brats” of Europe, complaining about a sweet deal full of special exemptions and then wanting more. “Whatever comes to us in terms of, let’s say, the E.U. playing hardball,” he says, “it’s entirely self-inflicted and very well deserved.” The complexities of extrication, he thinks, put the Leave camp in a position that is politically impossible, and that might be a good thing for the future of the E.U.

Learn about your ad choices: dovetail.prx.org/ad-choices

Transcript

Click on a timestamp to play from that location

0:00.0	Discover Earth's ultimate untamed places with wilderness. With access to 6 million acres of private land
0:07.7	in eight African countries, wilderness offers intimate wildlife encounters and experiences that will
0:13.0	leave you changed forever. The accommodations are luxurious and stay true to the vibrant soul
0:19.8	and spirit of each destination and the trips are
0:23.0	meticulously planned from arrival to departure, making them perfect for a group, family or
0:28.5	solo travellers. Wilderness is among the leaders of conservation hospitality, with more than 60
0:34.5	of the most highly awarded lodges in camps in Africa.
0:43.0	Wilderness is especially excited this year to focus on wellness, providing experiences that immerse you in beautiful places to restore your sense of self through nature.
0:48.1	To learn more and book your own wilderness adventure, go to wilderness destinations.com
0:52.9	slash women who travel.
0:55.7	eBay, it's a place to fall in love with new pre-loved vintage and rare fashion over and over
1:01.6	again. Your favorite designers, expertly authenticated. Yeah, eBay. Things people love.
1:16.6	I'm Dorothy Wickendenden. On today's Politics and More podcast, New Yorker staff writer James Surawicki talks to British economist Sony Kapoor. Kapoor says that Brexit could be
1:23.3	devastating for Great Britain, but considerably less so for Europe.
1:34.4	One of the people we turn to with The New Yorker to help sort out the lunacy and chaos of the world is staff writer James Surawicki. He writes the financial page column, and the fallout
1:39.9	from the Brexit vote has been keeping him pretty busy lately. One of the sources of information
1:44.6	and context that he's got is Sony Kapoor, an economist based in London, and the managing
1:50.4	director of the international think tank redefine. We're going to talk about the implications of
1:56.2	Brexit for Britain, but let's start by talking about the implications for Europe and perhaps even the global
2:03.3	economy. In the immediate wake of Brexit, there was a pretty profound sense of panic in world markets.
2:11.6	That has calmed down considerably. But what's your take on the broader implications of Brexit
2:17.2	for, let's say, for the European
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The New Yorker, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The New Yorker and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.