Britain and Britain in the world, in 50 years:
Our children can expect to live until they are 100, and remain healthy and active for their centenary. Medical advancement will make it increasingly possible to identify and eradicate genetic diseases and to prevent more acquired diseases.
We ourselves will live as Millionaires do now. We will have unprecedented actual wealth. Generally, wealth will become more evenly distributed.
As the world becomes increasingly globalised and mobile, governments will compete for skills, business and investment by driving down tax rates. By 2050 Britain will have a flat tax of 10% as well as some of the most competitive corporate and business taxes in the developed world.
The state will have almost no involvement in the provision of services including health and education. As more and more can afford to do so, they will opt for private services until it becomes unviable for the State to have a role in actual provision.
An increasing number of people will be self-employed and less reliant on paid work. As a result the average Briton’s quality of life will soar.
Britain will be one of the most intellectually and technologically advanced countries in the world. We will also be known as the ‘Green Island’, with one of the most environmentally friendly economies.
Scientific research will increase our understanding of the world and ourselves to a point that is completely incomprehensible at the moment. A new enlightenment will illuminate everything more brightly. Social constraints will diminish and society will become more liberal.
As the international economy becomes more complex and inter-dependent, Britain and an increasing number of countries will become involved in armed conflict less frequently.
The future’s bright and blue.