Has Britain become an economic colony?
The UK could’ve been a true tech leader – but it has cheerfully submitted to US dominance in a way that may cost it dear
Two and a half centuries ago, the American colonies launched a violent protest against British rule, triggered by parliament’s imposition of a monopoly on the sale of tea and the antics of a vainglorious king. Today, the tables have turned: it is Great Britain that finds itself at the mercy of major US tech firms – so huge and dominant that they constitute monopolies in their fields – as well as the whims of an erratic president. Yet, to the outside observer, Britain seems curiously at ease with this arrangement – at times even eager to subsidise its own economic dependence. Britain is hardly alone in submitting to the power of American firms, but it offers a cle...
