It’s a stretch, but what is happening today in France is being compared to the revocation of 1685
quips
Janine di Giovanni in Newsweek (merci à Damian, who bewails the fact that "The tone of the article is shock and sadness, 'Oh how sad that socialism has ruined France' ").
In that year, Louis XIV, the Sun King who built the Palace
of Versailles, revoked the Edict of Nantes, which had protected French
Protestants – the Huguenots. Trying to unite his kingdom by a common
religion, the king closed churches and persecuted the Huguenots. As a
result, nearly 700,000 of them fled France, seeking asylum in England,
Sweden, Switzerland, South Africa and other countries.
The Huguenots, nearly a million strong before 1685, were
thought of as the worker bees of France. They left without money, but
took with them their many and various skills. They left France with a
noticeable brain drain.
Since the arrival of Socialist President François Hollande in 2012,
income tax and social security contributions in France have skyrocketed.
The top tax rate is 75 percent, and a great many pay in excess of 70
percent.
As a result, there has been a frantic bolt for the border
by the very people who create economic growth – business leaders,
innovators, creative thinkers, and top executives. They are all leaving
France to develop their talents elsewhere.
And it’s a tragedy for such a historically rich country. As they say, the problem with the French is they have no word for entrepreneur. Where is the Richard Branson of France? Where is the Bill Gates?
At this point Hervé jumps in to make a point:
I haven't read the whole piece yet, but this made me barf:
As they say, the
problem with the French is they have no word for entrepreneur.
I thought only GW Bush would be stupid enought to come up with
that... But hey, she's a journalist.
I will read the rest though. But as you say, what's Newsweek's
point? As I recall, they were in a state of trans when the
Afromarxist was elected. Somehow it wouldn't work in France but it
would in the US? I guess English speaking journalists don't have a
word for bullshit.
Back to
Newsweek:
Pierre Moscovici, the much-loathed minister of finance … was looking very happy with himself. Does he realize Rome is
burning?
Granted, there is much to be grateful for in France. An
economy that boasts successful infrastructure such as its high-speed
rail service, the TGV, and Airbus, as well as international businesses
like the luxury goods conglomerate LMVH, all of which define French
excellence. It has the best agricultural industry in Europe. Its tourism
industry is one of the best in the world.
But the past two years have seen a steady, noticeable
decline in France. There is a grayness that the heavy hand of socialism
casts. It is increasingly difficult to start a small business when you
cannot fire useless employees and hire fresh new talent. Like the
Huguenots, young graduates see no future and plan their escape to
London.
… Part of this is the fault of the suffocating nanny state. … With the end of the reign of Gaullist (conservative)
Nicolas Sarkozy (the French hated his flashy bling-bling approach) the
French ushered in the rotund, staid Hollande.
Almost immediately, taxes began to rise.
I did not mind, initially, paying higher taxes than in
Britain in exchange for excellent health care, and for masterful
state-subsidized schools like the one my son attends (L’Ecole Alsacienne
– founded by some of the few remaining Huguenots at the end of the 19th
century).
As a new mother, I was surprised at the many state benefits
to be had if you filled out all the forms: Diapers were free; nannies
were tax-deductible; free nurseries existed in every neighborhood. State
social workers arrived at my door to help me “organize my nursery.” My
son’s school lunch consists of three courses, plus a cheese plate.
…
When I began to look around, I saw people taking wild
advantage of the system. I had friends who belonged to trade unions,
which allowed them to take entire summers off and collect 55 percent
unemployment pay.
… But all this handing out of money left the state bankrupt.
Also, France, being a nation of navel-gazers à la Jean-Paul
Sartre, refuses to look outward, toward the global village. Who cares
about the BRICS – the emerging markets of Brazil, Russia, India, China,
and South Africa – when we have Paris? It is a tunnel-vision philosophy
that will kill France
… From a chief legal counsel at a major French company: “France is dying a
slow death. Socialism is killing it. It’s like a rich old family being
unable to give up the servants. Think Downton Abbey.”
… To wake up, France has to rid itself of the old guard, and reinvent itself.
François Hollande made his first trip to China only when he
became head of state in 2012 – and he’s 58 years old. The government is
so inward looking and the state fonctionnaires who run it are so
divorced from reality that it has become a country in denial.
… politicians like Hollande have to let the people breathe. Creativity and
prosperity can only come about when citizens can build, create, and
thrive
Finally, Damian returns to answer Hervé's comment and make another point or two about the ("We Are All Socialists Now")
Newsweek article:
I guess English speaking journalists don't have a word for bullshit.
Actually most news services do have such a word. They call it "the news". …
Notice
that the writer doesn't linger on hard facts or statistical evidence of
decline. No it's all talk with her "friends". So. If only her "friends"
had better attitudes or weren't cheats -- or if she had a better set of
"friends" altogether -- French socialism might work fine! I mean, FREE
DIAPERS!