'We want another referendum but one based on facts', wrote the philosopher A.C Greyling recently. In an ideal world, referendums (like all other democratic exercises) should be grounded in discussion. But the impression is that referendums, rather than being exercises in deliberation, are the very opposite. In this talk, I consider if referendums have ever been compatible with the ideal of deliberative and discursive democracy? If there are mechanisms that can make referendums more deliberative and if we should have referendums even if they violate the norms of deliberative democracy? The talk will be based on recent referendums in capitalist economies, with a special reference to Brexit.