We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
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A close friend who recently bought a lovely property down in Cannes, France, invited Mrs Pearce and yours truly down for Christmas. How can one refuse? We did not. I rather like the old seaside town, with its 19th Century Belle Epoque hotels and small side-streets. The place is pretty civilised over Christmas: unlike the Film Festival season or the various financial services conferences held there during the year, the place was mostly filled by locals and there was a merciful lack of beer-swilling Brits. France likes to pride itself as being far more grown-up in its approach to alcohol than the British, and I think this is mostly accurate, having been to France many times to see the locals in action of an evening. This item, however, says the French go pretty “British” in their drinking habits over the New Year.
Meanwhile, France is of course joining the puritanical Anglosphere by banning smoking in all cafes and restaurants from next February. A shame: although I dislike tobacco smoke intensely, if I choose to enter a bar where the owner of said private property allows it, it is my problem, not his. I can choose to leave. No-one forces me to work in a bar or drink in one at gun point. One of the things I quite like about France is that despite it being a more bureaucratic nation than Britain in many ways – although that is passing – the French have always struck me as a fairly tolerant bunch on certain social issues (the Catholic influence, maybe, I am not sure).
It will be interesting to see whether the ban is enforced in all French premises. I rather doubt it.
I wonder what conclusions French voters will draw from this:
Down in the Pays Basque, the young natives are disconsolate. Immobiliers (estate agents) with sharp English marketing techniques are sprouting like radishes in the towns. In the markets, one hears three languages: Basque, French and English. And, astonishingly, in a nation so protective of its culture, some houses this summer had signs advertising them For Sale instead of À Vendre.
It was my French niece who saw them, out on her travels as a veterinary surgeon, and she came home to her small, rented house and dropped her handbag with an exasperated clunk on the table. What hope do we have of ever being able to afford a house, she said, when the Brits are paying crazy prices and we can’t compete? It’s just so depressing.
Partly this is a story about French economic decline. Economic decline often happens without you realising it. And then, suddenly, you do realise it. That factory you thought you had a safe job in for life gets abruptly closed, because the government has decided that the subsidies to keep it going are becoming too huge. You suddenly realise that private education for your kids is going to be forever beyond you, that where you live state education is actually getting worse, and that also you can not afford to move to where it is any good. Multiply little dramas like that by a million, and you have an entire country in economic decline. Thus, economic decline often impinges upon an electorate not in the form of rather meaningless statistics moaned about by journalists even as life goes on happily, but rather in the form of dramatic vignettes like this one, of vulgar English people invading the formerly idyllic French countryside.
Another French vignette of decline is of clever sons and daughters, nephews and nieces, who can not seem to get jobs worthy of their obvious talents and superior educations, unless they go to vulgar England. Even there, they will have to start out as waiters and waitresses, but at least they’ll have a chance of better things soon. In France, education is obviously far better than in vulgar England, but in vulgar England, for some reason probably involving evil America, more stuff is actually being done.
Another force which I think France is on the receiving end of here is the enormous difference that the internet, e-mail, etc., has made to the nature of life in the formerly deep countryside, of which France has a great deal, but England relatively little. (In Scotland it is different.) Simply, you can now do a lot more with your life when physically cut off from everything than you could twenty years ago. Did Engels say something about the “idiocy” of rural life? Some smug townie did. Well, now, country life is not nearly so idiotic as it was. Outsourcing is not just taking work from Europe to India, it is taking it from European cities jammed with commuters to European rural escape havens. The big thing they now sell in the countryside of places like France is not what the countryside grows, so much as how beautiful and nice it is to live in, provided you don’t have to scrabble about in the rural mud for a living. Thanks to email and the internet, organising the switch from suburb to country has also got a lot easier.
Or, to put it another way, the suburbs just got a lot bigger.
So, will France’s voters try to make the symptoms of economic decline and of the new super-suburbanisation illegal? Probably. Good luck with that, mes amis. You will need it. A smarter attitude would be to stop fretting about these changes and to start profiting from them, as many French people are already doing, of course, not least by selling their rural shacks for silly English money.
If you are in central London and want to see some wonderful art, I can recommend this. The ticket prices are a bit steep and the collection is not quite as big as some, but definitely worth it. It makes me want to get across the Channel and sip wine in a nice restaurant in Normandy or Brittany.
There is something strange about contemplating a peaceful scene on a Normandy beach, painted in say, 1870, to realise that 74 years later, the place was swarming with Allied troops slugging it out with the German Army, or what was left of it.
Well, that appears to be the reaction so far of wealthy French ex-pats who have turned away from the land of Moliere and fine wine for other climes in order to flee the French taxman. New president Nicolas Sarkozy has promised to cut, or at least change, some of the more crushing taxes on wealthy people to lure them back to France. If he wants to revive the French economy, this has to make sense. An even more obvious policy would be a dramatic tax cut across the board, in a flat tax fashion, with the overall burden sharply reduced. (Waiting for hell to freeze over? Ed).
The effects of French hostility to the rich, or least les nouveaux riches, is pretty obvious here in Britain. The areas around Chelsea, South Kensington and Knightsbridge are full of young French people who work in the capital, such as in the Canary Wharf financial district. A number of big banks, with their fancy derivatives trading platforms, operate out of London and French education still churns out the sort of highly qualified maths graduates who work in sectors like hedge funds and futures markets. I don’t know the exact figures – who does? – but I have read that upwards of around 350,000 French people live in London today.
I remember a while back that the French model and occasional actress, Laetitia Casta, left France after shortly having been chosen as the model for the French revolutionary heroine, Marianne. She apparently quit the nation for tax reasons, although she also denied that as her reason, according to the Wikipedia entry linked to here.
Of course, there is no excuse whatever for Brits to guffaw about this. Lots of Britons quit these shores every year for nations like Canada and New Zealand, where the taxes are are sometimes lower and the opportunities for raising a family etc appear more easy. As one senior lawyer told me this morning, the best advice to any rich person these days is to try and head for Switzerland. Britain may be, temporarily, a haven for some City pros like the private equity bosses, but for how long?
Via Reason magazine’s Hit & Run blog, here is this rather amusing item about how French motorists with clean driving licences sell their speeding points online for a fee to drivers who are in danger of using up all their points and then getting banned. Yes, yes, I can see the usual Dudley Do-Rights out there bleating that this is all terribly naughty, a sign of decadence, blah, but in fact what this demonstrates, in a slightly naughty French way, is how if you oppress people enough with laws and taxes over a period of time, it breeds such disregard for the law that even laws that have sense – and driving very fast can be bloody dangerous – get spurned. (It appears the French are smarter at getting around certain rules – look at what happened to former Spurs, Manchester United and England player Teddy Sheringham for allegedly trying to pull the same speeding-point move).
I have driven a few times along France’s magnificent, sweeping autoroutes, and am occasionally reminded that France invented Formula 1 motor racing. Maybe there’s plenty of life left in Gaul yet. If only they could do capitalism in a slightly more routine way.
Talking of such alternative markets, here is an old article about the market in air miles.
President Sarkozy has made an immediate impact as French President:
President Sarkozy has fallen foul of intellectuals and critics who see his passion for jogging as un-French, right-wing and even a ploy to brainwash his citizens.
Adding weight to the ‘jogging as a right-wing activity’ meme is the support he has received from Boris Johnson. I fear that going for a run is not my style. A gentle perambulation is as much as I can be persuaded to do these days.
I have travelled to a lot of cities in the world in my relatively short life (Paris, San Francisco, New York, Cologne, Geneva, Milan, Edinburgh, Barcelona, Vienna……) and there are quite a few more that I want to knock off the list before I step off this mortal coil. Well, this week, I did just that and spent a wonderful day ambling around the old southern French town of Montpellier. The city is a university town with a strong commercial base, oodles of history and some of the swankiest French urban architecture outside of Paris. Access to the city from Britain is easy: a one-and-a-half-hour flight from Gatwick.
I know that there is a lot to gripe about with France: the taxes, red tape and as we know, considerable problems with a large and angry underclass, made worse by a lack of assimilation of its Islamic population. However, from my point of view, if newly-elected Nicolas Sarkozy manages to cut taxes somewhat and reverse some of the daftest labour market restrictions, then any advantage to living in Britain rather than France will look increasingly slender. (I see no sign that Britain’s petty brand of health and safety puritanism has completely taken hold). I am not the first person to make that observation, of course.
Mind you, the beer is alarmingly expensive, but you can buy wine for a Euro a litre – and it tastes good. Emigration never felt so compelling.
I have no idea what it tastes like, but what a name. I am in the village where they make the stuff.
This startling story from France even made yours truly, who has become a jaundiced observer of French political life, sit up and take notice. Apparently, a bunch of people styling themselves as protectors of the Gallic wine industry have issued an ultimatum to new French President, Nicolas Sarkozy, that unless those evil cheap imports from countries such as Australia (the horreur!), New Zealand (Rainbow Warrior, anyone?), South Africa (enough said), America (the Great Satan) and other places are stopped, then supermarkets, offices and other places will be dynamited.
Suppose that people in such venues get killed. I think that such a terrible outcome might begin to get across to the politically and economically uncommitted the true nature of the thuggery that sometimes accompanies protectionism and any form of coercive interference with voluntary economic exchange. Ultimately, such folk believe that you, the consumer, or worker, or entrepreneur, are beholden to buy, produce or sell not on the basis of freely consenting exchanges with your fellows, but on account of some state of affairs that the protectionists deem right and proper. In this case, the wine industry of France, or at least the mass-produced bit of it, is under threat from the cheaper stuff from other parts of the world. (I think it is safe to assume that the producers of Latour or Lafite are unlikely to be worried). I am actually off to Southwestern France in early June for two weeks’ much-needed holiday and the Languedoc region is one of the places where these thugs hail from, apparently. I tend to notice that whenever I visit France, which is quite often, it is hard to see non-French wine in the shops. So if these thugs are getting upset at the arrival of a relatively small amount of foreign imports, they would go totally batshit if they saw the mixed wine-racks in Sainsbury’s or Tesco’s in a standard English town.
Sarkozy’s time in office is unlikely to be a quiet one.
Reading Financial Times this morning, I came across an interview with Sarkozy during his election campaign, the FT’s sister paper, Les Echos. This extract says it all.
Sarkozy: … I want to raise clearly in this campaign the issue of morality in financial globalisation. We didn’t create the euro for it to result in capitalism without ethics or scruples. I am extremely troubled by speculative movements. Who can accept that a hedge fund buys a company with borrowings, makes a quarter of the staff redundant to repay the loans, and sells the business piecemeal? Not me. In that economy, there is no wealth creation. The capitalist ethic, is that he who creates wealth earns money, and he who creates lots of wealth earns lots of money. That’s normal. On the other hand, speculation isn’t normal. Capitalism won’t survive without respecting a minimum of ethical rules. The eurozone should be at the forefront of this thinking.
Les Echos: Do we need coercive measures?
Sarkozy: If I am elected president of the Republic, I will ask the finance minister to propose, at the European level, a measure to reinforce the morality and security of financial capitalism. In this respect, taxation of speculative movements seems to me an interesting idea if it were introduced at a European level. I want to make France a country which rewards wealth creation, but which also knows how to strike predators.
France has elected Sarkozy and I must say I am curious to see what happens next.
In the short term, will the anticipated riots in the banlieue happen? In the long term, will Sarko be France’s Thatcher and solve the serious structural problems created by decades of intrusive statism? Or will he be a disastrous Ted Heath, rearranging the deck chairs on the Titanic with no real understanding why things are so bad? Does he even have the perspectives needed to change the right things and move France in as more market/liberty oriented direction? And even if he does, will the System simply defeat any attempt to change it? I am dubious to say the least about the willingness of French society to break its addiction to other people’s money but we will see.
What do you think? 
Nicolas Sarkozy or Segolene Royal?
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