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Home»World»Europe»France
France

Purchasing power, retirement, growth… how the New Popular Front composed its program for the legislative elections

June 21, 2024No Comments3 Mins Read
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The New Popular Front (NFP) in France is currently developing its program, which has been described as both “serious” by its members and “dangerous for the French economy” by the president of Medef, Patrick Martin. The program is still being refined, with discussions around the financial estimates ongoing. The left-wing groups involved in the NFP, including socialists, environmentalists, and communists, are working towards finalizing the program, highlighting their social messages amidst criticisms from the government and the economic sector. The focus on socio-economic issues allows the left to play up their strengths and challenge the traditional left-right political divide.

While the messages of the NFP are not entirely new, they do represent a continuation of previous platforms, such as those of La France insoumise and the New Ecological and Social Union. The NFP agreement resembles a legislative contract proposed by the communists, seeking to prioritize and sequence the measures outlined in the program. Although there was a brief consideration of condensing the program to just fifteen measures, ultimately, this idea was abandoned in favor of maintaining a comprehensive approach to governance. The emphasis is on transparency and accountability to voters, with a shift from theoretical discussions to practical policy proposals.

The language used in the NFP program has evolved from emphasizing a “fiscal revolution” in 2022 to focusing on practical measures to achieve fair taxation in a bill to be passed on August 4. The plan no longer includes nationalizing key infrastructure or socializing banks, instead opting for a public banking sector based on existing institutions like the Caisse des dépôts et des consignations and the BPI. The proposal for a public pharmaceutical sector remains, but the idea of nationalizing a major pharmaceutical company like Sanofi has been rejected as too costly. The NFP aims to create a more just fiscal policy and generate public revenue through strategic public sector initiatives.

The NFP’s program includes proposals such as raising the minimum wage to 1,600 euros net, highlighting a concrete measure to address income inequality. The alliance’s focus on creating a public banking sector and pharmaceutical industry reflects a commitment to ensuring essential services remain under public control. The NFP’s emphasis on practical policies and a more moderate approach compared to previous platforms suggests a willingness to engage with a broader audience and gain credibility. As the left-wing coalition navigates criticisms from the government and the business sector, the focus remains on presenting a coherent and viable alternative for governing France.

In conclusion, the New Popular Front in France is working on finalizing its program, which has been met with both praise and criticism. The left-wing coalition aims to address socio-economic issues and present a credible alternative to the current government’s policies. By emphasizing practical measures and working towards transparency, the NFP seeks to gain support and challenge the traditional left-right political spectrum. Despite facing challenges and skepticism, the NFP continues to refine its program and present a vision for a more just and equitable society in France.

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