The Official James Petras website

Macron and ‘What People’?

First of all, Macron received only 46% of the actual vote. Over 54% of eligible French voters either abstained, spoiled their ballots or voted for Marine Le Pen, the nationalist populist. In other words, 26 million voters rejected or ignored Macron’s candidacy versus 20.6 million voters who endorsed him. This was despite an unremitting push for Macron from the entire French and European mass media, all of the major political parties and the vast majority of academics, journalists, publishers, undertakers and doormen.

In a word: Emmanuel Macron is a minority President, unpopular to most of the French electorate.

There are some very sound political and socio-economic reasons why Macron’s candidacy would be rejected by most of the French people, while receiving full support from the ruling class.

Secondly, there was a phony image of Macron as the ‘novice, untainted by old-line corrupt politics’. The financial and business press busily painted an image of the virgin Manny Macron bravely prepared to introduce ’sweeping reforms’ and rescue France - a sort of banker-Joan of Arc against the veteran ‘fascist’ Marine Le Pen and her ‘deplorable’ supporters.

The reality is that Macron has always been a highly experienced member of the most elite financial-political networks in France. He served as a senior executive in the notorious Rothschild banking conglomerate. In a few short years ‘Saint Manny’ had accumulated millions of euros in commissions from fixing corporate deals.

Macron’s financial colleagues encouraged him to accept the post of Economic Minister under the decrepit regime of President Francois Hollande. Banker Macron helped the ‘Socialist’ President Hollande shed any of his party’s pro-labor pretensions and embrace a radical anti-worker agenda. As Economic Minister Macron implemented a 40 billion euro tax cut for businesses and proposed far-right legislation designed to weaken workers collective bargaining rights.

The Hollande-Macron proposals faced massive opposition in the streets and parliament. With the government’s popular support falling to the single digits, the anti-labor legislation was withdrawn or diluted …temporarily. This experience inspired Macron to re-invent (or re-virginized) himself: >From hard-assed rightwing hack, he emerged the novice politico claiming to be ‘neither right nor left’.

The totally discredited ‘Socialist’ Hollande, following the example of France’s financial elite, supported presidential candidate Macron. Of course, whenever Macron spoke of representing ‘all France’, he meant ‘all’ bankers, manufacturers and rentier oligarchs - the entire capitalist sector.

In the first round of presidential voting, Macron’s candidacy divided the elites: Bankers were split between Macron and Fillon, while many social democrats, trade union officials and ‘identitarian’-single issue sectarians would end up voting Macron.

Macron won by default: Fillon, his far right bourgeois rival was snared in a political- swindle involving ‘family’ and his finicky supporters switched to Macron. The Socialists defected from their discredited Hollande to the ‘reconstructed choirboy’ Macron. Meanwhile, the ‘left’ had rediscovered ‘anti-fascism’: They opposed the national-populist Le Pen and slithered under the bankers’ backdoor to vote for Macron.

Almost one-third of French electorate abstained or showed their contempt by spoiling their ballots.

Throughout the election theatrics, the media breathlessly reported every frivolous ‘news’ item to polish the halo of their ‘novice’ Macron. They swooned over the ‘novelty’ of Macron’s teen age ‘love affair’ and subsequent marriage to his former schoolteacher. The media played-up the charmingly ‘amateurish’ nature of his campaign staff, which included upwardly mobile professionals, downwardly mobile social democrat politicos and ‘off the street’ volunteers. The mass media downplayed one critical aspect: Macro’s historic ties to the big bankers!

Behind the carefully crafted image of a ‘political outsider’, the steely eyed Macron was never influenced by the swooning media propaganda: He remained deeply committed to reversing fifty years of working class advances in France in favor of the financial class.

Macron’s Power Grab : En Marche to Defeat the Working Class

Immediately upon his election, Macron presented his first major piece of legislation: The ‘liberalization’ (reversal) of France’s progressive and socially protective labor laws.

President Macron promised to eliminate industry-wide labor-capital negotiations, in favor of factory-by-factory negotiations. Undermining industry-wide collective power means that each monopoly or conglomerate can dominate and isolate workers in their work place. Macron envisions a complete shift of power into the hands of capital in order to slash wages, increase work hours and reduce regulations on workplace safety and worker health. The proposed anti-labor laws represent a return of capitalist power to the golden age of the late 19th and early 20th centuries - precisely why the financial elite anointed Macron as ‘President of all France’.

Even more important, by destroying a unified, labor movement and the power of workers’ solidarity, Macron will be free to radically restructure the entire socio-economic system in favor of capital!

Concentrating all power and profits in the hands of the capitalist class, Macron’s legislative agenda will free him to fire over 150,000 public employees, drastically reduce public spending and investment and privatize critical public financial, energy and industrial sectors.

Macron will shift the balance of power further away from labor in order to increase profits, reduce middle and working class social, health and educational services and to decrease corporate taxes from 33.3% to 25%.

Macron plan will strengthen the role of the French financial elite within the European Union’s oligarchical structure and allow the bankers to impose harsh ‘austerity’ policies throughout Europe.

In the sphere of foreign and military affairs, Macron fervently supports NATO. His regime will back the aggressive US military policies toward Russia and the Middle East - especially the violent breakup of Syria.

President Macron’s reactionary, ‘liberalizing’ agenda will require his party and allies to gain a majority in next month’s parliamentary elections (June 2017). His strategy will consist of ‘diversity in appearance and hard, single-minded reactionary policies in content’.

The ‘diverse’ groups and individuals, allied with Macron, are largely composed of fragmented collections of opportunists and discredited politicos mainly in search of office. Under Macron, the parliament will include everything from old-line rightwing social democrats, as well as single-issue environment and gender opportunists, allied with conservatives looking for a chance to finally savage France’s labor laws.

If successful in the coming elections, Macron’s parliament will legitimize the policies of his far right Prime Minister and Cabinet. If Macron fails to secure an outright majority, he is sure to patch together a coalition with veteran right-wing politicos, which, of course, will be ‘balanced’ with 50% women. Macron’s coalition of dinosaurs and ‘women’ will eagerly smash the rights and living standards of all workers - regardless of gender!

Macron hopes to win sufficient parliamentary votes to negotiate alliances with the traditional conservative parties and the rump of the Socialist Party to consolidate the rule of the Troika: the bankers, the EU and NATO.

President Macron: By the Ballot or the Bullet

There is no doubt that the French working class, the salaried public and private employees, the unemployed youth, students and public health workers will take to the streets, with the backing of 60% or more of the public, including the 33% who voted for Marine Le Pen.

Strikes, general and partial, of long and short duration, will confront the Macron regime and its far right, self-styled ‘transformative’ agenda.

Rothschild’s errand boy, Manny Macron cannot mobilize supporters in the streets and will have to rely on the police. Many parliamentary backers are fearful of both the problem (strikes) and the solution (police repression).

The Corporate Elite: President Macron Adopts Napoleonic Decrees

In 2016 when Macron was the Economic Minister in the President Francois Hollande’s regime, he introduced a new regressive labor policy dubbed the ‘El Khomri’ law (named after the reactionary Labor Minister Myriam El Khormi). This led to massive street demonstrations forcing Hollande to withdraw the legislation. Now as President, Macron proposes a far more rigid and destructive labor law, which his corporate colleagues insist he implement by the ‘ballot’ if possible or the ‘billy club’ if necessary. In other words, if he cannot win the support of the National Assembly, he will implement the labor law by presidential decree.

The President of MEDEF (Mouvement des Entreprises de France), the employers’ federation, Pierre Gattaz, has demanded immediate implementation of policies to crush labor. Macron will outlaw labor protests via presidential decree and cut parliamentary debate in order to transform the elite’s ‘El Dorado’ of all (labor) reforms (sic) into reality.

The entire leadership of the capitalist class and financial press backs Macron’s bid to govern by decree as a ‘good idea in the circumstances’, (Financial Times, 5/10/17, pg. 2). Macron’s ‘Napoleonic’ pretentions will inevitably deepen class polarization and strengthen ties between the militant trade unions and Le Pen’s industrial working class supporters.

We face an approaching time of open and declared class war in France.

Conclusion

Reality has quickly cut through the lies about the origin of Emmanuel Macron’s electoral victory. Brutal police truncheons, wielded in defense of Macron’s election triumph, will further reveal the real faces of French ‘fascism’ better than any editorial by the French ‘left’. The fascists are not to be found among Le Pen’s working class voters!

The fools within the French academia, who backed the Rothschild candidate in the name of ‘fighting fascism at all cost’, will soon find themselves wandering among the workers’ street barricade, dodging the clouds of teargas, on the way to their cafes and computers.

The ruling class chose Macron because they know he will not back down in the face of street demonstrations or even a general strike!

The intellectuals who backed Macron as ‘the lesser evil’ are now discovering that he is the greater evil. They are not too late to be . . . irrelevant.

Macron’s grandiose vision is to introduce his hyper-capitalist ideology throughout Europe and beyond. He proposes to transform the EU into a ‘competitive capitalist paradise under French leadership’.

Given the historic role of the French worker, it is more likely that Macron will not succeed in implementing his ‘labor reforms’. His decrees will surely provoke powerful resistance from the streets and the public institutions. When he falters, his parliamentary supporters will fracture into little warring clans. Factory owners will bemoan the workers who occupy their plants and bankers will complain that the farmers’ tractors are blocking the roads to their country villas.

The Germans and British elite will urge their ‘little Napoleon’ to hold firm, for fear the ‘French contagion’ might spread to their somnolent workers.

On the one hand, Macron’s successful decree can open the way for a transformation of capital-labor relations into a modern 21st century corporate state.

On the other, a successful general strike can open the door to a Europe-wide revolt. Macron’s enigmatic (and meaningless) slogan ‘neither right nor left’ is now exposed: He is the “Bonaparte of the Bourse”!