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Scheduled Pinned Locked Moved Off Key - General Discussion
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  • B
    B
    Bernard
    wrote last edited by Bernard
    #5

    I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.

    The US should be so lucky to have a smidge of French resistance.

    The industrial revolution cheapened everything.

    D 1 Reply Last reply
    • B
      B
      Bernard
      wrote last edited by
      #6

      French President Emmanuel Macron on Wednesday blamed “foreign leaders,” including those “on the other side of the Atlantic,” for trying to exploit France’s tense social climate for their own political agenda. Protests over soaring living costs have led to widespread rioting and looting. Trump has used the violence to rally his political supporters, making unsubstantiated claims that Muslim migrants are responsible for the unrest.

      Macron responded by saying there “has been foreign manipulation of information in the aftermath” of the looting in Paris and other French cities. “And that has led to comments that are as unacceptable as they are stupid, from many people, including foreign leaders,” he said.

      Asked by a reporter if he was referring to Trump, Macron replied: “Among others.” Macron added: “We’ve seen AI-generated images depicting scenes that never actually happened in France. We’ve had people claiming that we were invaded by hordes of migrants and Islamists, which is completely false.”

      --NBC

      The industrial revolution cheapened everything.

      1 Reply Last reply
      • J
        J
        jon-nyc
        wrote last edited by
        #7

        I would put my hatred of Trump against anyone’s and expect a brotherly tie with most of you. But even I have trouble blaming him for France’s woes, in fact I can’t make it work in my understanding of the world.

        1 Reply Last reply
        • B
          B
          Bernard
          wrote last edited by
          #8

          I quite clearly pointed out Macron's pandering to the rich.

          The industrial revolution cheapened everything.

          1 Reply Last reply
          • J
            J
            jon-nyc
            wrote last edited by jon-nyc
            #9

            I would like to point out the following :

            Insofar as some of the rioters are actually concerned with “austerity” and “neoliberalism” it’s worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.

            What’s my point? It’s a pretty important one. There is no scenario where the protesters ‘win’. The inevitable result is the protesters get educated by reality. But I’m cynical enough to believe that the educators won’t be their leaders, who are cowards, but some international organization setting conditions for France’s bailout.

            D 1 Reply Last reply
            • J jon-nyc

              It’s a society that has been living above its means for close to 50 years and its leadership doesn’t have the courage to tell them. I guess they’re just waiting for the IMF or EU to force it on them so they don’t look like the bad guy.

              I’m reminded of the line from Basquiat, (the French economist not the English vandal/artist):

              “The State is the great fiction through which everyone endeavors to live at the expense of everyone else.”

              C
              C
              CHAS
              wrote last edited by
              #10

              @jon-nyc I am going to steal that quote. Thanks

              Illegitimi non carborundum

              1 Reply Last reply
              • B Bernard

                I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.

                The US should be so lucky to have a smidge of French resistance.

                D
                D
                Daniel
                wrote last edited by
                #11

                @Bernard said:

                I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.

                The US should be so lucky to have a smidge of French resistance.

                Smidge is right because if you quantified it you couldn't reach 10%.

                'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

                1 Reply Last reply
                • D
                  D
                  Daniel
                  wrote last edited by
                  #12

                  @bernard Please watch this. I can tell you that you'd probably find it fascinating.

                  Link to video

                  'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

                  1 Reply Last reply
                  • D
                    D
                    Daniel
                    wrote last edited by
                    #13

                    Another economist (and a very reputable one) blames the French people for their woes. Oh, wait. That's not what he does at all.

                    Link to video

                    'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

                    1 Reply Last reply
                    • J jon-nyc

                      I would like to point out the following :

                      Insofar as some of the rioters are actually concerned with “austerity” and “neoliberalism” it’s worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.

                      What’s my point? It’s a pretty important one. There is no scenario where the protesters ‘win’. The inevitable result is the protesters get educated by reality. But I’m cynical enough to believe that the educators won’t be their leaders, who are cowards, but some international organization setting conditions for France’s bailout.

                      D
                      D
                      Daniel
                      wrote last edited by
                      #14

                      @jon-nyc said:

                      I would like to point out the following :

                      Insofar as some of the rioters are actually concerned with “austerity” and “neoliberalism” it’s worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.

                      What’s my point? It’s a pretty important one. There is no scenario where the protesters ‘win’. The inevitable result is the protesters get educated by reality. But I’m cynical enough to believe that the educators won’t be their leaders, who are cowards, but some international organization setting conditions for France’s bailout.

                      Well, is the US, in the grip of actual fascism, going to win, if you will? If supporting privatization was the right thing to do, then how did we get here?

                      'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

                      1 Reply Last reply
                      • J jon-nyc

                        It’s a society that has been living above its means for close to 50 years and its leadership doesn’t have the courage to tell them. I guess they’re just waiting for the IMF or EU to force it on them so they don’t look like the bad guy.

                        I’m reminded of the line from Basquiat, (the French economist not the English vandal/artist):

                        “The State is the great fiction through which everyone endeavors to live at the expense of everyone else.”

                        J
                        J
                        jon-nyc
                        wrote last edited by jon-nyc
                        #15

                        jon-nyc said:

                        I’m reminded of the line from Basquiat, (the French economist not the English vandal/artist):

                        “The State is the great fiction through which everyone endeavors to live at the expense of everyone else.”

                        Interestingly, the quote comes from the revolution of 1848, which saw the abdication of King Louis-Philippe and the coming to power of Napoleon III. In the original French:

                        "L'État, c'est la grande fiction à travers laquelle tout le monde s'efforce de vivre aux dépens de tout le monde."

                        1 Reply Last reply
                        • D
                          D
                          Daniel
                          wrote last edited by Daniel
                          #16

                          I've heard that sentiment my whole life as have we all.

                          It was taxpayers who paid dedicated taxes per the Social Security Act. It was taxpayers who funded the science that industry used, who paid for the infrastructure, who paid for the creation of the public utilities, and who paid for the public education system.

                          It was taxpayers who paid for every asset Thatcher and Reagan stole and sold back to the people at terms that have led to the ruination if the middle and working classes.

                          We weren't "living off of other people" in any sense of the word. My parents worked a combined 50 years. My mother's parents worked a combined 55 years.

                          Full time. Year round. For 30 years, 20 years, 33 years, and 22 years, respectively.

                          Not from these quotes, demonstrating your point, but where did you actually get the idea that when people had a functional government they at the same time lived off each other like a bunch of grifters?

                          'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

                          1 Reply Last reply

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