France at a Crossroads
Baguettes, croissants, the Eiffel Tower, a “welfare system to die for,” vin et fromage à l’infini — cliches are built on degrees of truth, but you can’t live on them forever. There is no substitute for reality, and the French need a taste of it.
Intoxicated by years of domestic and foreign policy success, Kierkegaard’s angst now grips the French elite; France under their tutelage is not faring well. And the person in the Elysee Palace? The French president is displaying his insecurity for all to see — he is desperate to regain his image and what has been lost or taken from France under his watch — influence, respect, and an inability to extricate themselves from the penumbra of U.S. hegemony. Here is a recent headline from Breitbart describing the president’s behavior:
“Italy Blasts ‘Desperate’ Macron for ‘Dangerous’ Rhetoric on Russian-Ukraine War.”
The same article goes on to say how deputy prime minister and leader of the populist League party, Matteo Salvini, wrote on social media: “Sending Italian soldiers to fight outside the EU borders? Follow the obsessions of some dangerous and desperate European leader like Macron? No thanks, never in the name of the League.”
The French Republic today, and not just because of its current “exercised” president, is in a somewhat difficult position compared to yesteryear. France is a nation with a formidable nuclear arsenal, yet it has lost its capacity to influence its geopolitical landscape. Over the last few decades, Paris’ former greatness has slipped from its grasp in the world of geopolitical affairs. It has, within the European Union, ceded to Germany its leading position, economically and politically. In fact, it has lost much of the authority needed to affect its internal development. It has apparently decided, in support of Ukraine (“for as long as it takes”), to place its economy on a war footing and, God forbid, to send troops into Ukraine. Thus, tax revenue will now be siphoned off to support Ukraine’s military and domestic needs rather than the French economy. Budget deficits will continue to grow and its GDP will remain stagnant, causing its sovereign debt to increase while the standard of living for its people declines. In other words, the protracted crisis of the Fifth Republic has reached a stage where the lack of political will to solve its many problems, long overdue, is turning into a crisis. The French appear to be ensconced in a malaise — a sort of paralysis has crept into the body politic.
The rather prideful insecurity of the man who resides at the Elysee Palace is symptomatic of the crisis in which France now finds itself. The political will to effect change seems equivocal, if not altogether absent. The French Republic doesn’t seem able to muster the will to find a way out of its systemic crisis. It knows it needs to change, but it seems to want to do it without changing anything.
Australian government rejected a prospective order worth billions of euros for a series of submarines to be produced by Paris. Instead, boat production was redirected by Australia in favor of a new alliance with the U.S. and Britain (AUKUS). The French were effectively cut out of the deal. As a result of its reduced economic status in Europe and its political dependency on the U.S., France was left impotent to respond.
Seventy years is a long time in geopolitical terms. The era of comparative calm and dynamism of the 1950s provided the material basis for the colossal system of social guarantees that most outside observers associate (some covet) with modern France.
But we should put things into perspective. The stability and prosperity of the majority of the population are attributes of a relatively short period of French history — no more than 40 years of good times (1960s-1990s), during which the economic, political and social system of the Fifth Republic was created and flourished. It has been said that time heals, but it can also wound. Irreversible processes in the economy began with the global crisis of the late 2000s and gradually led to problems common in the West: erosion of the middle class, a declining population and, thus, the shrinking capacity of the state to maintain a system of social obligations. To meet these obligations, France saw only one viable option (unfortunately it was a political one) — debt financing.
In the mid-2010s, France became the European champion in terms of the total debt of the economy, reaching 280% of GDP, and the public debt is now 110% of GDP. The main reason for these startling statistics is France’s addiction to huge social spending, which leads to chronic budget deficits with no respite in sight.
One of France’s most intractable problems is that it has a smaller proportion of its adult population in productive work than other developed nations. Early retirement, high youth unemployment and interminable studies mean that France has barely 70% of its 16 to 65 population at work — compared to almost 80% in, say, Britain and Germany.
The inability to solve these structural social and economic problems, combined with the destruction of the traditional structure of society, has led to a crisis within France’s internal political system. The traditional parties of the political Left (Socialists and Communists) and political Right (Republicans and “far Right”) — are now perilously close to ‘organizational disorganization.’
The problems which plague the French Republic are structural, which means they are thoroughly integrated into its social, economic, and political system. No additional amount of debt or procrastination will suffice to extricate France from its current morass. Difficult economic and therefore political steps must be taken now and continue, if France is to overcome its political malaise. This is imperative if it hopes to recapture a sense of the importance it once felt, and wishes to feel again, in the orbit of world affairs.
But to do this, the French people will need to take a hard look at themselves. They will need to decide what it means to be French in a France requiring so many decisions — decisions that will inevitably alter the social, economic, and political landscape of that proud country. Electing candidates of the ilk of Macron will only perpetuate an already erosive situation. The question is: can the French people hold onto their joie de vivre and still keep France, France? Bonne Chance.
Image: AT via Craiyon.com
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