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What do you think about France going socialist?

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What do you think of the recent election results? Do you think it will help the country or do you think it will hurt the economy. I'm interested to see what other students think about this.

Personally I think taxing the rich into oblivion will destroy their remaining economy by forcing all the rich corporations to migrate. What kind of millionaire will continue to contribute to an economy that takes 75% of earnings over 1million euro.

France is not going Socialist... she has always to an extent been Socialist.

As for the Taxes and other things that Hollande is piling on the rich, there is already a large amount of people looking to go to London, Switerland and Luxembourg....

Time will tell as to whether Hollande does any good or not :smile:

Reply 61

internetguru

Original post by tehFrance

France already has high taxes why didn't they just move away years ago?

Reply 62

rawkus

Original post by HARRY PUTAH

Excuse me while I LOL.

Socialists in power? They believe in the head-in-sand attitude like Labour and believe massive public funding is the way forward.

Where does this money come from you ask? Why the tax payers ofcourse! Of which they were split very evenly in the French elections and I guarantee you the 75% tax rate will lose them more cash than it would gain.

A lot of the French will not like the idea of these idiots in charge.

sup Melanie Phillips

Reply 63

MagicNMedicine

Hollande will probably end up being regarded as a disappointment. He will be a wishy washy centre leftist and end up being called a sell out by the left.

Really it should have been DSK who would have been a Clintonesque statesman.

Reply 64

rawkus

Original post by Mishmashmoo

This is a perfect example of why socialism will never work (Although I am not suggesting that the new French government would be dictators)

I'm sure that there are many reason's why socialism would not work, but the consequence of a repressive government is not one of them. When you try and establish any completely new order after a revolution there are always going to be several warring sections. The US for example, not everyone agreed to having a strong and interfering federal structure which was why the constitution was written in secret. The problems of doing this became apparent 70 years later where the dominant side defeated the south and effectively imposed their will by force, thereby repressing the South. If the Egyptians are able to topple the military Junta they will have to deal with the differing elements of the opposition such as the Islamists, the secular liberals etc trying to defeat the other in order to establish the next dominant order. In Libya after the revolution we have chaos as several warring factions scrap it out from the Islamists again to the secular liberals, prominant politicians merely trying to grab a piece of the economy and militia's seeking dominance and riches over areas.

Likewise in Russia we saw a united opposition to imperialism break down and fight each other as different groups had different ideas of how the revolution should be managed. In Cuba the same except you also had the world's greatest economic and military power using every trick in the book to bring bring the old corrupt but friendly regime. Like in non-socialist cases of revolution, repression unfortunately comes hand in parcel as a new order seeks initial stability.