Showing posts with label power. Show all posts
Showing posts with label power. Show all posts

Sunday, October 10, 2021

A winter of malcontent in Europe


I support nationalisation of energy industries because...

"The current energy crisis highlights a lack of robustness in the system. 

Many countries have reduced their coal and nuclear capabilities as part of political and environmental plans. Together France, Germany, Spain, and Belgium alone have pledged to close 32 nuclear reactors by 2035. Thus reducing their possible backup energy sources...

The crisis is already here and we’re starting to see the effects. Governments are already stepping in to [supposedly!] protect their citizens. 

France is going to give a one-off payment of €100 to those struggling to pay their energy bills. Greece is looking to provide subsidies. Italy is offering a support package worth €3 billion. The UK is going to increase the cap on the amount that energy providers can charge their customers to try and keep the market afloat."

And Spain...?

Read more at original source, The Good Information Project : here.


Sunday, September 26, 2021

"So, how was your summer?" -- My latest opinion column for Catalonia Today magazine

 


When people ask me this question I’ll be able to say it was unique. I had some novel experiences. 

Because the Spanish government doesn’t seem to have the ability to get its Social Security department to pay welfare benefits properly, I was one of the millions of unemployed who received nothing from them.


Like most private (or non-government) teachers in August I had no income.


This meant that the only state support for my household of three adults was a voucher for 100 Euros that I could spend in our little village’s only food shop. Still, I’m grateful for that. The town council helped.


Of course, it didn’t stop me worrying about the possibility of losing our house. That’s another new feature of 2021 but not confined to summertime.


What else? Well, we didn’t travel anywhere. We couldn’t afford it. Same as last year and the year before that. Instead, I spent hour after hour looking for the best place to sell some of my wife’s inherited jewellery. My mother in law’s gold bracelets paid for some of our mortgage.


I also put some time into a new hobby: persecuting myself and my wife and son to only use electrical appliances during the low-charge periods of the day, 2pm to 6pm. 


Of course, it didn’t work. Our electricity bill has gone up anyway. But we’ve almost stopped eating meat and drinking tea (the real, expensive stuff) so that might help even things out, do you think?


But surely I did something worthwhile? Yes. For my one glass of it a day, I found a bottle of wine I can actually drink that costs less than 1 euro. Also, I kept beavering away on my first novel. It’s getting close to finished. Nice. I watched my son with his girlfriend and I was proud of him. Also very nice. (She’s moved in so now there’s four of us.) 


As well,I walked here and there. It was free. Nice, again. It meant I discovered new patches of nature and parts of nearby towns that I hadn’t explored before: Pacs del Penedes and it’s Roman aqueduct in the medieval shade of a leafy forest, the thickest vines on the side of unfashionable Santa Margarita i Els Monjos and yet more wonderful Roman arches next to Sant Jaume dels Domenys.


All those in silence and with no one else around to distract me.  I went home and learned a lot reading Doris Lessing then dreamed about going to a restaurant again one day. It’s been more than 18 months since we did that.


On top of those fun and games, I enjoyed the heat of the sun. I always do. There was a part of me though that sometimes thought of that melancholy Bob Dylan line. “It’s not like the sun that used to be.”  


In short, while on a reluctant holiday, I tasted the stale, acrid taste of relative first-world poverty, or at least the sensation of sliding hundreds of metres towards it from what was once a comfortable middle-class existence. Surely, this is “The New Adventure” of the 21st century.


[This article was first published in Catalonia Today magazine, Sept. 2021.]


Saturday, July 24, 2021

"Let there be profits" -- My latest opinion column for Catalonia Today magazine

  

September 14, 2010, 5pm. I’m pacing in little circles outside an office on Carrer Igualada in Vilafranca del Penedes.

I’m the last person in a queue.

There’s half a dozen people in front of me and we are waiting for the door to this electricity company to open. (Does it really matter which energy company? Is there any real difference between them?)

Finally, we are inside the tiny waiting room. The four seats are taken so I stand next to another customer. We are “esteemed clients” a sign on the wall says.

After 20 minutes I get a seat and after another 25 minutes I am sitting in front of a harassed employee named Xavier. We have come to know each other’s faces quite well over the last 6 weeks since I’ve had to persist in my visits there every week. He is always polite, sympathetic and vaguely sad. He shrugs a lot. I tap the bones under my eye. (They’re called sockets too aren’t they?)

November 2, 2010. The electricity in the house we bought (with a bank mortgage) in a small town near Vilafranca back in August is flicked into life. Here it’s called ‘la luce’ or ‘light.’ Let there be light. Please.

Fast forward almost a decade to May 4, 2020. A few months into the Covid emergency, this power company reports “a more than doubling of first-quarter net profit to 844 million euros compared with 363 million in the same period last year.”

January 2021. Media report: “Electricity bills increased by 26.7% in the first days of the year compared to the same period of 2020, according to consumers' rights association Facua.” This follows frequent power outages across Catalonia, with municipalities affected including Barcelona's lowest income neighbourhoods of Raval, Badalona and Torre Baró. 

June 5, 2021. A demonstration in the Catalan capital’s Plaça de Catalunya is in full voice. The gathered are protesting what they say is clearly going to be a jump in electricity prices coming from a new peak and off-peak billing system.  A media source says: “The increase could be 8.5% for some households but as high as 27.3% for others depending on the supplier.”

The Organization of Consumers and Users (OCU) is arguing that small households and businesses are likely to suffer the most. Those who work at home during the day (including this journalist) are also at risk of increased energy costs. Social media jokes about ironing after midnight don’t seem especially funny to me.

But a promise has been made. There will be “savings for 19 million consumers already on a plan without hourly rates.” To me, this is about as believable as their other promise. The 9 million customers who had hourly based pricing will supposedly now have their bills rise by only around €2 a month. 

What seems more probable to me is that with the Covid 19 pandemic starting to show signs of fading, the three big energy companies are using this time as a good excuse to create a so-called “new normal.” Apparently, normal service (ie. poor quality service) is to be resumed as soon as possible, except at higher prices for millions of consumers who are unable to afford it. 

There is of course a simple solution to the above. It’s called nationalisation. A government, elected by a majority of voters, runs an infrastructure system on behalf of all the population, for the populations’ sole benefit, not for investor profit. It would guarantee lower prices. 

Radical? I don’t think so. It’s been done plenty of times before.

 

[This article was first published in Catalonia Today magazine, July 2021.]


Saturday, May 2, 2020

Guest post by Antoni Cardona on the Corona virus: "Imagine"



The lockdown that we have been suffering through these days could easily generate a lot of questions about now, of course, but also about the next period of the future.

I think that maybe the first issue is the psychological effort that every individual has to make to maintain normal mental conditions, or at least to try to overcome a number of challenges.

First of all, I’d like to say that I have a lot of confidence in Science in the abstract sense, but the Scientific World gives me very little belief in it because it is very often controlled by political and economic Power. I hope and expect that the mysteries of Coronavirus and its infection of human beings will be clarified in a few months and some treatments and vaccines will probably be discovered but  more in the long term.

 Researchers, health and social care, some government decisions -as people live in confinement or making the face mask compulsory-, all this will help to stabilize the expansion of Covid-19 illness around the world and achieve very low levels of newly affected people and death. We have to take into account the great number of government mistakes and indecisions in some other countries. How long will be needed to finish with Covid-19? What will be the final death toll? How much impoverishment will people have to suffer?

            On the other hand, I don’t trust countries – neither their governments and politicians - nor in global Economy. It’s very well-known that some countries intend to defeat their rivals or enemies, not so much by directly spreading viruses. Instead of that, these countries, generally rich and powerful ones, can try to suffocate their opponent's economy, steal or pollute their natural resources, prevent access to new knowledge and so on.
            
Moreover, in some supposedly democratic countries, people have their rights limited and the Power is extended, centralised and militarised. All of this is done with the excuse of fighting the Enemy, the Virus.
           
I’d like to imagine the world, humankind, having the ability to learn the lesson that nature has been given to us. After thousands and thousands of dead people, hundreds of thousands of infected people, millions of people having lost their jobs or seeing their incomes decreased, after all that, we can expect at least two possible ways out. One would be very bad and the other would be excellent.

The evil way out would be that Power in different countries acts as it is defined in the Shock Doctrine [by Naomi Klein.] To take advantage of shocked people (sad, disconcerted, scared or perhaps ill people) by way of the big disaster, then the Power cuts off a lot of social benefits, causing a regression of human rights and democratic values in general. For the people being hit like this it’s very difficult to notice the magnitude of the tragedy that is falling down onto them.

The best way out would consist of people reacting against the pandemic and its associated causes, such as the feeling of depression, fear, general impoverishment and the tendency towards a totalitarian society. How could people lose their fear of the authorities and their orders without being paralysed by the terrible Coronavirus threat? That’s the question.

My wish is that people, confined or not at home, look for imaginative solutions to empower themselves and go back to all kinds of  organisations in different fields and countries.

--------------------------------------------------------------------------------------------------------

Born in 1949, Antoni Cardona is a retired doctor, specialised in Psychiatry, who worked in different public health institutions.
At a very young age, he started writing poetry but later made the decision to more often concentrate on creating short stories.
Over a number of years, Antoni trained in various writing techniques at the Aula de Lletres de Barcelona then the Escola d'Escriptura de l'Ateneu, also in the Catalan capital.
He has contributed a story to each of the following literary collections: "Setze Petges" (2004), “Edició Especial” (2011), a food-themed title "Contes per menjar-se'ls" (2015) and “Passió pel conte” (2018).
Antoni has received a number of prizes at literary competitions such as the Narrativa del Col·legi de Metges (medical association.) Other awards for his short stories came from the professionals of the Taulí Hospital in Sabadell and the Crime Fiction Festival of l'Espluga de Francolí.
Desoris endreçats” (“Ordering disorders”) is his first solo publication.


https://www.voliana.cat/llibres/desoris-endrecats/

"ORDERING DISORDER" (2018)

In this book of short stories you will find characters, some of whom are everyday people, and others that are difficult to come across in the streets.
These are characters who are suffering in silence or maybe without being fully aware of their pain and having different ways of coping: irony, indifferently acting in an off-hand manner, making life-changes, feeling desperate and intense hopelessness or even somehow adapting to their disasters. 
There are those as well who attract danger and play with it. The reader will also encounter characters that cause the cruellest suffering and physical hurt with contempt for their victim. 
Watch out too for those who operate using subtle over protection.


Saturday, June 8, 2019

"The moment Britain changed" -- My latest opinion column for Catalonia Today magazine


Friday, January 25, 2019

"The ruling class that drove Brexit"

[Arron Banks and Nigel Farage. Photograph: Ben Birchall/PA]

"The media loves to blame far right movements and moments on the working class. Our Brexit research tells a very different story...

After Trump’s election, millions of words were typed about how ‘blue collar’ areas had turned out to vote Republican. Yet Clinton led by 11% among voters who earn less than $50,000. Trump secured his victory by winning among those who earn $50-200,000
Much the same can be said for the far right in Italy, whose core support is in the wealthier – though now de-industrialising – north, rather than in the more impoverished south; or about Brazil, where 97% of the richest areas voted for the fascist Bolsonaro, whilst 98% of the poorest neighbourhoods voted for the Workers’ Party candidate, Haddad.
We see a similar distortion in debate about Brexit. 
After the vote, journalists went on endless tours of deprived areas to report on how working-class people voted Leave (which many did). 
However, they somehow forgot to mention that wealthy counties like Wiltshire backed Brexit, while some of the poorest areas of the UK – the western parts of Wales, Scotland and Northern Ireland, as well as Liverpool and Leicester – voted Remain. 
Academics who studied the class breakdown of the Brexit vote found ‘the Leave vote to be associated with middle class identification and the more neutral “no class” identification. But we find no evidence of a link with working class identification.’
This is nothing new. Ruling classes have always sought to blame bigotry on the working classes. Too often in recent times, the liberal media have been willing to champion this myth, rather than confronting the prejudice in its own ranks.
The way we talk about social media is central to narratives that blame the oppressed for their own oppression. 
Online bigotry, abuse and trolling are often framed as problems of the unwashed masses, who need to be regulated by ‘benign’ institutions such as global data corporations or the police. 
In reality, whilst racism, Islamophobia, misogyny, anti-immigrant hysteria and other forms of bigotry feature up and down the social spectrum, their recent mobilization is part of a different story. It has been led and co-ordinated by elite networks, seeking to reshape the world at the dusk of neoliberalism. 
And they are often in direct collaboration with these supposedly respectable institutions, from Facebook to the FBI.
To put it another way: the decade since the financial crisis has accelerated the emergence of a new global oligarch class. With growing wealth has come growing power and a growing ability to shape political debate through the dominant communications technology of the era: TV and the internet. 
As has long happened with right-wing movements, they have done so in close collaboration with military and security networks. Because the era is neoliberalism, those networks are largely privatised, made up of mercenary firms with names like Palantir, Arcanum, SCL, AggregateIQ and Cambridge Analytica.

Brexit, Arron Banks and the missing millions


Take, for example, the Brexit referendum in the UK. The Leave movement operated a bit like a solar system, whose two largest planets were surrounded by a collection of moons. First, there was Vote Leave, the official Brexit campaign, fronted by Conservative politicians Boris Johnson and Michael Gove, and orbited by numerous other campaigns and front groups. 
Second was Leave.EU, associated with the further-right UK Independence Party, fronted by iconic blazered bigot Nigel Farage and primarily funded by an insurance man called Arron Banks. (Banks, by my sums, claims to have funnelled about £15m into the group and its various moons...)
READ MORE in detail from source at openDemocracyUK here.


Saturday, November 10, 2018

"The giving game" -- My latest opinion article for Catalonia Today magazine


[Mick Jagger. Photo: EFE]


One day near the start of autumn I was watching that uniquely ex-British empire sport of cricket on TV. England were playing India somewhere in the UK and the equally unique face of Rolling Stones front-man Mick Jagger appeared on my screen.

He was shown drinking a long glass of sparkling wine, and was mixing with expensively dressed men and women. They were part of the crowd at this match and the TV commentators made sure to refer to him as "Sir Mick."

Apart from the polished hypocrisy of a once rebel and anti-establishment figure like Jagger allowing himself to be 'knighted' by a woman who, by simple birthright has inherited the title of The Queen of England, I was soon to learn of another example of his double-standards.

As the (Sky channel) TV commentators were quick to point out, Jagger was offering to donate money to a charity named Chance to Shine. In a sport still hugely dominated at adult level by white men from the wealthiest of private schools, this charity says that it "works to make cricket available to young people in state schools and other communities."

The catch that disturbed me was that Jagger had pledged to hand over between £10,000 and £20,000 but only each time one of the players did his definition of a good performance for their national team.

Quite possibly none of them would be able to achieve the specifics of what he was asking for. Alternatively, there was also the possibility of several of them doing well enough for Jagger to give up to about £100,000 or possibly more.

Of course, I'm not against the existence of charities and I fully acknowledge the great work that many do. I have also written about the huge moral and ethical inconsistencies that some charities operate under, as I did nine years ago in an investigative article on The Polaris Project in the USA.

My complaint is that people like Mick Jagger and other noted celebrities, while obviously giving needed funds to organisations working as NGOs, are using the act of donation as little more than an ego trip or some kind of casino-like, grown-up playtime.

If Jagger can afford to give say £100,000 to help develop young cricketers then why not just just give it? Instead he turns the whole thing into some kind of measly piece of cheap entertainment for himself and his acquaintances while they sip their costly drinks and nibble on each other's vanity.

Sitting in continental Europe watching my TV in that moment, far from the sporting action, I imagined a group of little British boys and girls being told that financial help with their cricketing passion was not possible because the money had run out.

Depending on the vagaries, luck and chance of thirteen men on a field, maybe if one or two of the cricketers had just hit the ball a metre further, their places in the Mick Jagger-sponsored program would have been guaranteed.

In the corporate boxes where Jagger was likely to be, there might have been some back-slapping, congratulating him about what a damn fine fellow he was for being so generous. Instead, I imagined Jagger chatting away to the well-heeled around him, barely watching the game itself, completely indifferent about how many kids his little scheme was going to actually touch. Or not.


[This article was first published in Catalonia Today magazine, November 2018.]

Wednesday, July 18, 2018

"The summer of Trump"


[Image: Lluis Romero]
Author and journalist Matthew Tree gives one of the most accurate and damning round-ups of Donald Trump's actions in the highest public office...

"This summer, whether you be hiking in mountainous areas, lolling about in a sea or visiting the foreign capital of your choice, one thing is certain: you’ll be hearing about Donald Trump. 

He has never failed to make daily headlines, right from the start of his campaign (the racist slurs about Mexicans being rapists, neatly counterbalanced by his own recorded comments about seizing vulvas as a recommended method of seduction) through to almost everything he’s done since he’s been president: banning immigration from Muslim countries where he has no business interests, but hob-nobbing and sword dancing in Muslim countries where he does; lying about paying wads of hush money to a porn star with whom he had sex just days after the birth of Donald Jr.; slashing the size of national parks to allow mining; defending outspokenly racist demonstrators; imposing immigration restrictions that allow police to seize small children from Latin American mothers trying to cross the border; imposing metal tariffs that could plunge the world – including the US – into another economic recession; praising an unpredictable Korean dictator who runs the world’s deadliest labour camps, keeps a large part of his own population at or below starvation level and murders members of his own family, in exchange for a handshake photo with said tyrant; and, last but not least, planning to ban abortion completely (the only other country which did this was Romania under the Ceausescus, with tragic results for hundreds of thousands of unwanted orphans) and promoting sexual abstinence in schools as the only acceptable method of contraception (this is not only odd, coming as it does from a serial adulterer, but research done on existing Christian pro-abstinence schools has revealed a marked increase in anal sex among their teenage pupils). And as for Trump’s ties to Russia, let’s not even go there (Robert Mueller, the Special Counsel for the Department of Justice, is doing that for us).
The source of the fascination which Trump exercises on so many of us – we tend to gawp at his latest blunders like people passing a car crash – probably has something to do with the disjunction between what he proclaims to be the truth, and the reality which gives him the lie. 

In Catalonia, we know the feeling well: the previous Spanish government – and, at the time of writing, the current one – persist in accusing a cultural activist and 15 elected politicians (eight in distant jail, seven in even more distant exile) of violent rebellion for organising a referendum in which the violence was all but monopolised by imported Spanish police. 

The reaction of many people here to this is similar to that of many Americans towards Trump: there is some outrage, some frustration, but the topmost feeling is one of sheer incredulity. Having said which, there is an important difference: the judges and politicians responsible for the unlikely charges against Catalan leaders are professionals who got where they are because they wanted to be there. 

According to the journalist Michael Wolff in his book ‘Fire And Fury’, the key to Trump’s incompetence is that he never expected to be president: he ran for the post to raise his profile sky-high in order to launch a TV network. He even guaranteed that he wouldn’t win to his wife (who didn’t want him to). 

It makes you wonder which is worse: an accidental president who does nothing but create accidents? Or a government and judiciary that knowingly and deliberately creates a situation which is patently absurd?"

Source: here at Catalonia Today magazine.

Friday, July 6, 2018

Civil war in Poland?

[Protesters demonstrate in support of the sacked Supreme Court judges.Photo: Getty] Photo: Getty
 "On Monday, the European Commission, the executive arm of the European Union, referred the case to Europe’s highest court, but Poland has a month to respond, and any ruling might come too late to stop the overhaul.
When [the] Law and Justice [party] came to power, it campaigned against what it saw as a corrupt bureaucracy, calling for Poland to “get up from its knees”. But for Mr Kaczynski, transforming the courts was always a central goal.
When his party was in power from 2005 to 2007, many of its legislative efforts were blocked by judges. He came to believe that the transition to democracy that started in 1989 was flawed because many former communists were allowed to hold on to their positions. Although the number of people from the communist era still in judicial positions has dwindled, the party says that communist thinking still infects the system.
So when the party returned to power in 2015, it moved swiftly to rebuild the judicial system. It stacked the Constitutional Court, which decides if legislation violates the constitution. Once that court was under the party’s control, its lawmakers passed a series of measures aimed at other parts of the court system.
But their first effort to reshape the Supreme Court, a year ago, was met with widespread protests. The government backed down.
Last winter, it proposed new measures, slightly watered down, that critics said would have the same effect — turning the Supreme Court into an instrument of the party.
In December, after a devastating report by the Venice Commission, which monitors rule-of-law issues for the European Union, the bloc of nations invoked Article 7 of its founding treaty to take action against Poland. It became the first country in the history of the union to be threatened with losing its voting rights.
This time, however, the government would not be deterred.
Under the legislation, Mr Duda can grant exemptions to the mandatory retirement age, but judges must ask him to do so. The president did so for Mr Iwulski on Tuesday.
Ms Gersdorf and many colleagues refused, setting the stage for the standoff on Wednesday morning.
The country’s deputy minister of justice, Michal Wojcik, told the Polish Press Agency that Ms Gersdorf had been allowed into the court because no citizen is barred entry, but he said she would not be allowed to rule on cases."
– New York Times  [sourced from The New Daily here.]

Sunday, June 3, 2018

Spain leads world in number of jailed artists


"Spain leads the world in the number of jailed artists, says Kamchatka, quoting ‘the Danish-based Freemuse organisation which warns of the emergence of "a new global culture to silence others" [something] which is repeated in all countries of the world, "even in the traditional democracies of the West".

This independent organisation, which is responsible for monitoring the state of freedom of artistic expression, has published its annual report, in which it identifies Spain as one of the countries in which the repression of [culture] creators has increased the most. 

Specifically, Spain leads the ranking of artists imprisoned in 2017, with a total of 13, ahead of China, Iran, Egypt and Turkey, and is the third in creators prosecuted, lying only behind Egypt and Ethiopia..."


(Article found through the excellent Business Over Tapas, which calls itself 'a weekly non-commercial newsletter about Spain...without fluff nor filler.')



Wednesday, November 1, 2017

"Macron’s Gift to the Rich"

"Surprise, surprise: Emmanuel Macron's first budget slashes taxes on wealth and guts social spending...

Anyone with lingering doubts about whether the moniker “President of the Rich” fits France’s Emmanuel Macron could safely put them to rest this month, upon publication of his first budget since taking office.
Last week the National Assembly, dominated by Macron’s En Marche party, approved a reform package overwhelmingly weighted toward elite interests. Its €7 billion of tax cuts included reducing France’s wealth tax, long a bête noire for the country’s right wing, by 70 percent and subjecting capital gains tax to a new flat rate of 30 percent.
Tellingly, the Ministry for the Economy and Finance withheld its own research on the impact of the reforms before the vote in the Assembly. But, by Thursday, they had fallen into the possession of the Socialist chair of the Senate Finance Commission and were released. Under the capital gains reforms, France’s wealthiest 100 taxpayers will earn an additional €582,380 per year on average. The top 1,000 will each get a modest €172,220. The rest of the country, on the other hand, can expect little to nothing. Forty-four percent of the total benefits will flow to the top 1 percent.
While the ministry said it could not precisely calculate the financial effects of slashing the wealth tax, Senate Finance Commission estimates placed the gains for the country’s top 100 taxpayers at an average of €1 million. These are people with last names like Peugeot and Rothschild; heads of telecom giants, weapons manufacturers, and luxury brands.
But the tax cuts were only the opening salvo of a budget that forms part of Macron’s sweeping plans to liberalize the French economy and in his own words, “celebrate those who succeed.” After the passage of business-friendly labor reforms and the introduction of plans to rein in unemployment benefits this fall, next up for debate this week are roughly €11.6 billion worth of spending cuts aimed at trimming the country’s social safety net.
The double standard is glaring. Just as the government prepares to fork over millions from state coffers to the ultra-rich, it tells the general population it must tighten the strings on public spending. Its budget will include measures such as a €1.7 billion cut in housing aid as well as the elimination of 120,000 state-funded short-term job contracts. Votes on these measures are slated for the coming weeks, with the Assembly wrapping up its work in late November.
Parliamentarians will begin by tackling the Social Security budget. Here, too, the wealthiest will stand to gain. En Marche deputies have proposed lowering employers’ Social Security taxes from 30 percent to 20 percent on bonus shares offered to employees. That might seem like an arcane measure, but it has symbolic value. The reform previously passed in 2015, championed by then-minister Macron. Legislators repealed it the following year following a public outcry over booming CEO compensation tied to stock options. For Macron’s commanding parliamentary majority, concerns like these appear to be old news.
Opinion polls suggest otherwise. Macron’s popularity has already fallen below that of historically unpopular predecessor François Hollande during the same period of his presidency. An Odoxa poll released after the budget measures found that 88 percent of French people thought they would benefit the richest. Meanwhile, Macron’s approval rating with pollster Ifop continued to drop in October, sliding a further three points to 42 percent.
The president’s approval among investment bankers appears much higher and steadier. The evening after the National Assembly passed his tax cuts, Macron dined with executives from twenty-one of the world’s leading funds in the Elysée Palace’s winter garden. They came away pleased. “Yesterday’s session was beneficial to the investors present,” said a spokesperson for Blackrock, which manages around €5.5 trillion, “and reinforced the view that the opportunities in France are the strongest they’ve been in two decades.”
Meanwhile, meaningful political opposition remains alarmingly limited. En Marche is in firm control of the National Assembly. The right-wing Republican opposition may crib about minor details, but it largely supports the budgetary reforms. The far-right National Front and center-left Socialist Party, both reeling from internal turmoil, formally opposed the tax cuts — but made little impact. As is the case for most parliamentary issues, the most vocal and sustained criticism of the budget came from the left-wing France Insoumise grouping headed by Jean-Luc Mélenchon.
But the Left has not managed to raise mass popular opposition to Macron’s measures and the street remains quiet. Union-backed demonstrations against labor-law reform have drawn hundreds of thousands of protesters but failed to make much impact. And in spite of a one-day, public-sector strike and a well-attended France Insoumise march in Paris in late September, a more unified social movement has yet to emerge.
Still, left-wing opponents of the government may have reason for optimism. On November 16, unions are calling for another round of nationwide protests. Unlike the three previous days of demonstrations against labor-law reform, the upcoming protest counts the support of Force Ouvrière, France’s third-largest labor confederation, and aims to oppose Macron’s economic policy at large."
Read more from source (Jacobin) here.