The End of Switzerland

Switzerland has traditionally been known for its neutrality, the secrecy of its banks, and for being the center for resolving international conflicts. But these are different times for Switzerland: banks cannot guarantee secrecy and Switzerland’s neutrality is more of a curse than a cause for praise. British Labour MP Dennis MacShane argues that “Switzerland’s nonalignment has rendered it irrelevant,” since we no longer live in a polarized world, but in one where several states are all vying for power and influence. Indeed, since it is not a member of the EU even if it follows most of the EU’s rules, the country seems to enjoy little influence. Moreover, once the symbol of diversity, with its mix of nationalities, Switzerland appears to have turned populist, creating laws that ban minarets and attempting to regulate immigration. Once a model nation, its time may now be past. – YaleGlobal