The marches were part of a nationwide day of action against the Villepin legislation, which was intended to encourage hiring by making it easy for companies to fire workers under age 26 during their first two years on the job. [Link]
“It is a collective failure of the French system,” said Louis Chauvel, a sociologist who studies generational change. “You earn more doing nothing in retirement at the age of 60 to 65 than working full-time at the age of 35…”
… A sweeping survey of people in 22 countries released in January found that France was alone in disagreeing with the premise that that the best economic model is “the free enterprise system and free market economy.” [Link]
p>According to the poll cited above, more Indians believe in a free market economy than even the Brits, Germans or French. China tops the poll, and France sits at the bottom.
Steven Kull, director of PIPA, comments: “In one sense we are indeed facing what has been called ‘the end of history,’ in that there is now an extraordinary level of consensus about the best economic system.” [Link]
p>My theory is that rapid development gives people faith in the redemptive power of the invisible hand. The poll was conducted in India’s major cities, so urbanites support liberalization. But the poll says nothing about the voter-heavy heartland.