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Understanding why Trump won last November and would lose today 

24-2-25

Dear Partners in Thought,

A good friend told me recently that I may have focused too much on the negative impacts of Trump on America and the world while not recognising that a majority of voters backed him in a democratic election. To be fair, I saw Trump’s impacts as more relevant to review so we could deal with them. However, I also recognise that it is interesting to understand why so many people (77 million) voted for Trump and elected him President without this time around the always strange but legal assistance of the Red States-favoured Electoral College. And in doing so, I also wanted to stress in all fairness and a positive note – even if irrelevant now – that he would not have won if his swift and destructive programme had been known by his voters beyond the showbiz flavour and drivers that allowed his win.   

So why did so many vote for Trump and what where some or all of their drivers?

  • A feeling of being left out and not mattering, often residing in rural areas or small cities, away from metropolises where decisions are taken for them.
  • A limited education and often no college degree of any sort, combined with increased loneliness for many, while relying on social media they want to hear (making them easier to manipulate).
  • A resentment against the “undeserving elite” and its set-up (like the DC policy establishment, Ivy League colleges, old money, the well-offs, the natural concentration of wealth in key cities like NYC, Chicago, Boston, San Fran) even if strangely not minding the likes of Musk, Thiel and now Bezos, Zuckerberg, most of Big Tech and many of the Wall Street crowd – indeed the real elite of the day – having pushed for Trump as they wanted fewer regulations, less taxation and fewer constraints of any sort.     
  • The cost of living felt at the supermarket for key goods (even if Biden’s policies had helped the US to fare better than any other major countries). 
  • A resentment against “Woke” and any kind of excessive diversity and how it was at times insanely applied in businesses and schools (this especially from young and not so young males).
  • A low understanding of, and interest in, international affairs seen as non-core to their lives and often a useless cost (USAID is a waste and seems corrupt according to my podcasters… And why do we need soft power?).  
  • A low understanding of economics (tariffs are great as foreigners pay – when they also will through inflation and their own purchases). 
  • The ability of Trump and any populist leaders (like in Europe) to “showbiz capitalise” on voters’ pain (real or imagined) while grabbing votes via easy solutions to deal with complex problems, often too costly to implement or unmanageable efficiently and with poor outcomes. 
  • A feeling that public sector bureaucracy is inherently wasteful and inefficient so let’s get rid of it and sack all the bureaucrats (hence a DOGE that is also questionable in many ways). 
  • A belief that immigration – even in a land that was built by it – is bad on many grounds and primarily affecting national identity as too ethnically and culturally differentiated, this combined with the inability of governments/bureaucracies to manage documented and undocumented flows, even if needed in some key economic sectors. (And in all fairness, immigration is also a European topic.)   

It is interesting to realise that the above drivers – not always the best and the brightest – led the vote of many, while Trump’s strange, if not downright unacceptable, personality and style combined with a shady history did not seem to matter. He was simply seen as the right medium for the angst of many voters, even if some would never want him as a buddy (putting aside the MAGA-hat and T-shirt wearing crowd in search for amusement or simply a need to exist). 

Voter frustration can be understood with regard to some matters that many governments usually do not manage well, both in the US and across Europe. Many Trump voters wanted strong and easy-to-grasp policy proposals that make sense on the surface and deal radically with their issues (or indeed grievances). It is clear that some of their drivers are fully understandable; liberal-democratic governments have always been bad at managing bureaucracy (even if an inherent feature), or immigration – often for fear of allegations of racism and given the need for more workers in unwanted jobs at home. It is also true that in most countries, voters do not care much about foreign policy and its substantial funding features unless they are under clear threat. We, and especially the US today, thanks to the rise of Trump a decade ago, live in an increasingly polarised world where discussions or compromises no longer matter, and views should only be fought for in what becomes a hostile political debate fuelled by partisan social media. Voters, usually ill-informed by design, are more “against” than “for” anything, which translates into strong views fuelled by exciting podcasted disinformation, leading them to backing populist politicians with extremist programmes that become more normal and expected in a gradually consensus-free world.    

As stated in earlier notes (notably “Getting the right take on Trump’s impact on America and the world” – February 19th), Trump’s deluge of executive orders (67 in one month, a record) and daily offensive announcements, creating both chaos and low understanding of what is happening even from his voters, was unexpected and very surprising, even from an individual like him. On a side note, his “deluge” with at least one breath-taking key news a day, makes it challenging to keep track of the man, with many of his decisions still seen as Trump’s and not as America’s by many observers, given their uniquely unusual and at times world game-changing nature. After hijacking a now servile GOP (look at the confirmation of weird secretary nominees), Trump is now hijacking America and its role in the world, after all feeling that he can as an elected President. Trump’s personal features clearly bear no similarities to those of any prior Presidents and reflect the change of the political debate in the US (and within Western democracies). Every day of his short tenure brings more bad and world order-shattering news as if “shock and awe” was the expected norm and radically new approaches now making the US a self-centred super-great power is right and sound. In this new era the form, usually violent, matters more than the substance and the policy impacts. Trump’s voters are bound to grow tired of this new approach after a while and will likely be the first to pay at home for his policies, while Europe (and indeed Ukraine) will suffer from his betrayal and their own complacency in having relied too much on American support, even if the latter also fully served America’s interests at many levels.   

A Washington Post-Ipsos poll released on February 20th showed that Americans are mixed-to-negative on Trump’s nascent second term while 57 per cent say he has exceeded his authority since taking office. Polls on Musk and his DOGE leadership show worse results, with some Republican legislators even worrying about the method and impact of the drastic Federal job and funding cuts. Even Fox News joined all key media networks to ask for a lift of the ban on Associated Press from attending White House briefings following their sticking to “Gulf of Mexico”. Over the last month, the S&P stock market index vastly underperformed the Stoxx Europe 600 index (1.7 per cent vs. 5.7 per cent) while US inflation has already started to rise in anticipation of tougher times. Trump would likely lose the Presidential election if held today as many American voters, including some driven by the above-stated features, would not be happy with his rapidly-engineered civilisational meltdown. The flood of self-destructive domestic and foreign policy executive orders and announcements we saw in his first month, that will eventually be felt at home very directly, has also triggered the redefinition of what America has stood for during almost a century. Even if not caring for international affairs and “protected by an ocean”, voters would not back the destruction of the Atlantic Alliance, making Trump in effect an agent of a very happily surprised Russia about what is increasingly seen, through the de facto validation of the Ukraine invasion, as a historical pivot of sinister proportions. Had they known what was really on offer, it is indeed highly unlikely that a majority of voters would have supported Trump, whose actual approach reflects only too well his unbalanced personality and style. However, even if Trump would have lost the November election based on what we see today, it is not clear that his majority in Congress would be defeated in 2026 as it likely should be if Team Trump was successful in gradually destroying the US Constitution and rules attached to it, like mid-terms every two years, which Americans have known since 1781. With Trump, anything is possible. 

The last month was too full of unmanageably sad news. So, to conclude on a funny note, let’s rejoice that Canada just beat the US in the final of the 4 Nations hockey championship allowing Trudeau to deservedly needle Trump about his deranged 51st state offer threats.    

Warmest regards,

Serge      

Getting the right take on Trump’s impact on America and the world

19-2-25

Dear Partners in Thought,

In less than a month back at the Resolute Desk, there has been a flood of Trump’s executive orders that are changing America and the world as we knew it. While it is potentially mind-damaging given its extent, it would be useful to keep track of most, if not all, of the decisions taken by the US President and seeing their gradual impact when implemented or if they are just for show and transactional tactics. The list is indeed very long and reflects many points of the infamous Heritage Foundation “Project 2025” that the Trump team had worked hard to dismiss as not their programme during the electoral campaign. 

What is clear is that Trump is clearly now in a position where he is changing America and indeed the world we have known since WW2. It is also increasingly likely that he is an unwitting tool of powerful business interests, of which Big Tech is the leader, and possibly indirectly of the “great powers” he is fond of, such as Russia and an “imperialistic brother” like Putin. In some ways, it is a game where all parties are leaders and tools, holding each other by the goatee, as the French saying goes, in what makes a sinister and world-damaging club.  Weakening America, both at home and abroad, by his poor style and decisions, also hurts the world we know as well as, naturally, Europe. The picture is so large that it takes some time to realise the extent of the multi-faceted damage while, with all things Trumpian, we may dangerously get used to his craziness over time, like many of his supporters have, creating a dangerous feeling of normality.  

The damage to America itself, including its own voting base, will be seen rather quickly at different levels. The gradual destruction of the Federal Government and traditional public service will have a serious impact at state level, including the Red ones, as services will no longer be federally funded in too many areas like education or health. The various political firings of officials at the Department of Justice combined with the massive “buyouts” (not to use the word termination) of many civil servants, including at the CIA, will damage the reputation, efficiency and even security of the US and its administration. Some segments of the US economy, like agriculture, that rely on huge swaths of undocumented but law-abiding workers, will have a terrible impact that even Red State farmers start worrying about (perhaps showbiz-announced mass deportations will prove too challenging to implement, thus reducing their bad impact.) Tariffs, that may look strong and good when announced, will result in higher inflation, as already seen, as Americans keep buying foreign goods or businesses need foreign parts to manufacture their own products. It would also appear that Trump wants to reward his extremist supporter groups and fund the protection of Christianity in a country where more than two thirds of its citizens are Christian. And now we know that assaulting the Capitol and killing police officers will be forgiven (if you do it for the current President, of course), putting the basic concepts of right and wrong in serious jeopardy. So far, many executive orders, some at times even breaching the Constitution, have been fought and rejected by the courts, but with time nothing guarantees that judicial power will hold, potentially leading to the gradual replacement of usual Western-type democracy by a Venezuelan model (no tariffs involved). 

These drastic changes are going hand-in-hand with some decisions affecting US foreign policy and its very key interests worldwide. It is clear that there may be a majority of Americans who do not care much about international affairs and are more focused on what matters to them directly at home. America is not alone in this respect even if one could relate this to an educational problem and its costs in “the country of the free”, all the more when too many are living lonely existences and rely only on easy-to-hear social media. Killing USAID is destroying American soft power which had helped the US to assume world leadership since the JFK era. Dealing with Russia on Ukraine without the latter and Europe involved is only temporarily but wrongly strengthening an existentially lost former great power while killing the basic cement of the Western world that is reflected in the historical and cultural bonds between America and Europe. A US-Russia-only dialogue to end the war in Ukraine only strengthens Moscow’s underwhelming position in the conflict and overall geopolitical stance while weakening greatly Europe and the Atlantic Alliance, not to mention Ukraine and its leadership. Anti-corruption regulations will be dismissed making global trade and investments going back to Far West times, stressing again Trump’s inherent “tool” nature. Going after allies – if not friendly neighbours like Canada – by wanting to absorb them or threatening a NATO member by the seizure of Greenland on security reasons combined with mineral resources gains is not exactly what Ronald Reagan or even George W. Bush would have ever dared in terms of American standing, values and principles. The fight against climate change globally seems something from the past while “drill, baby, drill”, has become the White House song of the day, pleasing both the US oil industry and, for once, some allies like Saudi Arabia. And let’s not talk about making Gaza a US-protected if not owned “Riviera” by displacing all its Palestinian residents, news that was received as expected even by some of the most Trump-flexible countries in the region. These developments sadly speak for themselves and do not require complex analytical soul searching to see their craziness.                   

While stating Trump’s decisions and their impact, it is also key to realise how we got there and why. Trump was a very rich kid, inheriting $400 million from his father – quite a social gap with some of his MAGA base – helping him to launch his real estate empire that proved to be very unsuccessful beyond the great Trump Tower-like names, while at times less than financially clean. It is clear that his transactional nature came from his rather unusual business life. And many, like Robert De Niro, rudely but honestly see him as a “jerk” and a “moron” as an individual. He also always enjoyed surrounding himself with shady characters (like the infamous Roy Cohn) or now very “obedient first” individuals, a feature we blatantly see in his current team of under-impressive secretaries like Peter Hegseth, Kristi Noem, Tulsi Gabbard or RFK Jr to name only a few. And his blatantly mixing family business interests with his presidency, as seen with his recent crypto initiative and the roles of his many relatives, is astonishing. Two recent examples speak for themselves: Melania Trump getting $40 million from Amazon’s Bezos, clearly a King’s courtier, for her “memoirs” or the appointment of the ex-convicted felon, father of his son-in-law Jared, as Ambassador to France, that could be a part of a great Hollywood movie script. There is however no doubt that he is a very gifted politician for our showbiz times, who has been a model for many populists in terms of style and messaging. And then, as a new development, Trump is also using the likes of Musk to do his bidding when it is easier, like when reshaping the public sector with a questionable and over-reaching DOGE and its team of subcontracted young tech bros or heavily dealing directly with German or British domestic politics (not that the flexible if not uber-opportunistic JD Vance, who will forever be remembered for his startling “threat from within” speech, did not meet the leader of the extreme right German AfD on the side of the Munich Security Conference, showing that MOs also evolve quite fast under Trump 2.0). 

Many observers of this developing drama feel that the 2026 mid-terms will correct things and see Congress in full control of the Democrats. For this, and in a normal scenario, the Democrats should wake up and think long and hard about their leadership and key programmes. Undocumented immigration, a bad thing which is often linked to cultural identity by its opponents, is never well-managed by liberal democrats the Western world over, given the sensitive feature attached to it, while diversity could also have been more sensibly supported and carried out in schools and businesses. The party also seems to be devoid of truly electable and inspiring leaders (Josh Shapiro needs to be followed) while the Republicans have had too many, even if the more acceptable ones by usual norms may be the likes of a rigid but highly professional Marco Rubio. The problem is that America’s new path does not prevent a constitutional crisis supported by a friendly Supreme Court when mid-terms suddenly become obsolete on the dubious grounds of enhanced efficiency (two years is a short time for any mandate as many, if not all, in the House of Representatives would agree.) Besides this sinister point, two years is enough to dismantle the architecture of US federal power and move away from America’s traditional leadership style with all the features we know. We may find ourselves by 2026 in a world where the US and China are both operating as great powers only, something the latter has worked hard to achieve for decades since Mao, while America nominally stays in the West but only in transactional ways. It is likely to be the next geopolitical picture of our world. Looking at the main great power rivalry to come, the US State Department last week removed the statement America did not support Taiwanese independence, an historical peace preserving stance, but it may simply be a “transactional” move reflecting our new times. 

Russia will keep being Russia, in search of its lost imperial past, combining aggressions when needed and high moral stances on the surface while working with lost states like Iran and North Korea no other key nations really want to deal with. Russia will always be an existential threat for Europe even if the former will increasingly be weak economically but also more dangerous as a result. In many ways, both China and Russia may to some extent be the winners of a short-sighted Trump 2.0 diplomacy as many countries, notably in Africa, Latin America or Asia if not eventually in some parts of Europe may eventually decide to switch strategic allegiance. (in some ways, the real winner of Trump 2.0 may become China if a smart Xi leadership decided to present a friendlier Beijing as a more viable strategic alternative to the US to many potential partners globally, this with Europe also reviewing that game-changing option in some areas.) It is also clear that some rising powers needing a feeling of protection from strong neighbours may also surprisingly adjust to Trump’s new transactional approach as recently seen with Modi’s India in DC regarding both combined trade and defence matters. Europe should see the Trump era also as a needed wake-up call and work on its key nature and especially on its defence in spite of all the natural divisions inherent to its national multiplicity and variety of strategic interests. There is no more excuse to hide behind history and feeling that American protection allows Europe and its nations to focus on the economy only. Defence is now a key feature of European existence, a new fact that many Europeans will have to learn how to live with and accept fully if they wish to survive as Europe or indeed as nations. Perhaps Trump 2.0 will prompt Britain and the EU to get more quickly closer to each other if not reunited at some point even if Trump is likely to work on dividing them by staying softer on London. 

At the very personal level, Trump 2.0 and its massively destructive changes hurt the French-born European I am as it kills what America always stood for in my life and helped me define myself. America was never perfect, but its values and principles helped me grow up as a child, thanks to the likes of John Wayne, Gary Cooper or Kirk Douglas, making me go there in my early twenties to helping me build over a few years who I became personally and professionally. It was a model of the idealised sort, but one that was strong and good. I want it back for all of us and the world. 

As already stated, Europe, while strengthening itself, will have to work with the growing American “opposition”-to-be to recreate the win-win community that is the Transatlantic Alliance based on shared historical and cultural values and principles. While the nightmare goes on, each of us in Europe should work hard with our many friends in America to help re-cementing our great partnership and make it even better. Trump should not last. Common sense needs to prevail.     

With warmest regards,

Serge 

The key damage for America under Trump  

32-1-25

Dear Partners in Thought,

Trump is quickly changing America in terms of foreign policy approach by threatening allies with new isolationist and “America First” strategic and economic policies, in what is seen (at best) as an expression of great power in transactional ways. Trump is clearly seen as no longer focusing on benevolent Western leadership that served his country very well for generations since WW2. In doing so, he risks harming the core interests of his country and citizens, the latter who may feel it when retail prices rise in supermarkets, and through the lack of manpower in key sectors like agriculture via general mass deportations. All while federalism is withdrawing at many funding and regulatory levels, focusing on ideology more than sheer impact. As is often the case in America, money will prevail – if not greed this time – as, while core MAGA voters will be gradually forgotten once key early populist decisions have been announced and potentially implemented, the real winners, probably of a short-term nature, will be Big Tech and the flexible Wall Street crowds. It is also possible that many educated Americans, keen on the old ways of their country, may decide to leave it to live somewhere else, like in Europe, which would remind them of better days. And as times go by and Trump and his team keep undermining institutions, democracy as we know it may gradually vanish, as is the case in rising autocracies still providing the cover of democratic tools that no longer apply. In many odd ways, Trump’s move may make the US closer in style to China and Russia while no longer offering the key differentiation that made America the great country it was.      

While Europeans, who share so much culturally with America, given the ancestry of the majority of its citizens, will feel abandoned by the once great Western leader, these new times may have positive and indeed needed consequences in making Europe more independent and also stronger in defence.  NATO may go on, as it should, even if more focused on transactions with the current White House resident. The decision to stop foreign aid as the leading world provider, mostly focused on the developing world which may save $60bn annually will hurt the relationships and standing of the US globally. One of the consequences of this mega (if not MAGA-induced) change or “aid-quake” will be for some developing countries to find China or even Russia and its few followers, even if harder for the latter, to be tangibly better strategic and tactical partners. 

The major Trump damage will be the destruction of the identity and image of America as the world knew it – especially, but not only, Europe and the West – with values and principles that many took for granted and representing the essence of the indispensable country. Pardoning violent “January 6” insurrectionists will forever set the tone of the start of a new era, also at home. America was never perfect but it led by showing what many countries wanted to see as a largely “civilized” modus operandi and indeed a model for all worldwide. It was also defined by going beyond the great power ways that better defined the Soviet Union or today’s China and that Russia tried to stick to in a quasi-existential move, as it kept declining, with the invasion of another country in 21st century Europe. In many ways Trump and his fast-developed but long-built policies are simply making America just another great power with no specific appeal in terms of values and principles. We may all pay a dear price for it, including and especially America itself.   

While one may hope that the 2026 mid-terms may change the course of events, it is still a feeling based on America functioning as we knew it. Relying on an electoral turning point like this, as we should, may also be the wrong approach as two years may create too much internal damage, even if we see some institutional and judicial resistance, also from some key American states. It is thus far better for the rest of the West – like Europe, Japan and their allies – to focus on being more independent and indeed much stronger in terms of defence and foreign policy – as always wanted by Trump for the former – and play the transactional game wanted by the new imperial President. We need to engage with Trump’s America and find the most productive partnership we can, hoping for the best and indeed a change in Washington at some point, this without being deluded by false hopes. We also need to support strongly those at home that want to restore the old American win-win ways. However, America today is no longer the America we knew. A new Mount McKinley in Alaska and its reminders of forgotten and different times is making Trump’s point in what matters today for the current US executive power.  

Warmest regards

Serge 

On Trump’s geopolitical “strategy” and how Europe should deal with it  

20-1-25

Dear Partners in Thought,

President Trump will always be strange to most rational people, all the more so due to his personality and style, combined with his likely feeling that he is now free to do whatever he wants without the executive and legislative guardrails of his first term. Both his obedience-first core team and all the Republican Senators and Representatives are now backing him without any doubt, reflecting his acumen in having changed the Republican Party and their expected human focus on preserving their own positions. Putting aside unforeseen issues that may have helped a Trump 2.0, such as “woke” and a weak Democratic leadership, America and the world are now in for a very different period of executive power in Washington that history and its books will make us remember for generations.   

The recent outlandish and unsettling Canada, Greenland, Panama Canal and Gulf of America statements we know were there with a potential transactional approach in mind, but also to appeal to the core MAGA base that needs America to be “strong” as they understand it – with benefits hopefully derived from this “long-needed” and “refreshing” approach for them.  Trump may also want to show them that it’s not only campaign-funding Big Tech and their deregulation needs that matter. It was interesting that Trump so far avoided any direct verbal attacks against key European countries. His focus was not totally devoid of a master plan, however dangerous for America and the new world it may foster.   

It is a now confirmed sign that, as expected, the post-Cold War and globalisation world may be changing, with Trump focusing on a narrower but stronger and more manageable core geographic area of American supremacy, also fitting a certain form of isolationism, which could be mostly centred on both Americas, this combined with expected tariff rises and an aggressive self-interest on trade and diplomacy globally. In that approach, he would likely be leaving China more or less in charge, to different extents, throughout Asia – apart from a far too big India – while Taiwan may remain on-and-off an issue of contention. A Trump 2.0 could leave Russia in control of Eurasia and gradually Eastern Europe, with players like Iran or North Korea being useful additions in its existential quest for revival. There is little doubt that both China and Russia will like the new US approach, all the more so given their own respective domestic challenges. Europe (Western and Central) is thus at great risk from a war-flavoured (economically and socially) Russia that may no longer be able to go back to old post-Cold War and globalisation ways. Given a new world that may arise, Europe should thus not rely any more for its security only on the US, whose values and principles (making the American Dream), together with its Western leadership nature, may de facto vanish. 

Trump is seen as a bully by most, even by his admirers who like it, but he could be a “transactional” one, even if this feature may be seen by potentially naïve old-fashioned foreign policy experts. We hear a lot that his “crazy” geopolitical statements, aimed at long-time allies of the US and not at its traditional enemies, are made to gain an edge on specific matters related to the potentially new primary American supremacy zone. In doing so, and while there might be a strange game plan in Trump’s mind that no close adviser will dare challenge, unlike in his first term given the “faithful first” team around him, Trump is not realising all the direct and indirect benefits that America gained since the end of WW2 – and even more so post-Cold War – in acting as the natural and beneficial leader of the West and, for long, most of the world. American leadership brought many benefits, not only politically but economically, also for the US private sector and its naturally globalised corporations. Foreign affairs and globalisation are obviously not topics that easily resonate with its core electoral base, even if it may usually be the case with most electorates in Western democracies for which the economy and their purchasing power matter first. The Trump isolationist or “withdrawing” approach, even if it might give the US a smaller but better focus, would cost America and his electorate dearly. Then the abandonment of the values and principles that made America strong and differentiated globally may also be very costly, as the US may become just another great power with the risk that many in the world might prefer China or Russia after all – this eventually with geopolitical realignments as Moscow and Beijing could also be very transactional, even with Europe. One of the side benefits of this American withdrawal (as we would see it in Europe) may be a much closer relationship with the UK and the EU since “being together” in such dire times would make eminent sense and might not be disrupted by the personal political ambitions of a few. On this latter point, it is amazing to think of the impact of key individuals (even if not really alone) on the world or their region, not to mention own country, thinking about Donald Trump or Boris Johnson.   

Post-election win, Trump has been strangely quiet on matters dealing with Russia or even China, the latter that was his arch-nemesis (arguably with a bipartisan mode) with Taiwan being the semi-conductor heaven and geopolitical sacred ground. Today he is not sure that he would ban China-rooted TikTok in the US, where 170 million people use it, even if the Supreme court, that he had re-engineered years back, was all for it. As for Russia, it is clear that his relationship with Putin matters, probably as he envies his executive style that is likely in his own mind more that of a true leader of a great power, this even if there ever were or not FSB files on his bad behaviour in a Moscow hotel. The statements that he would stop the Ukraine War in one day have not been heard recently, while the emphasis is on his being greatly instrumental in getting a cease-fire agreement between Hamas and Israel thanks to his own envoy, Secretary Blinken’s months of work having just been for show.          

One last point that is worth mentioning is the rise of the “tech industrial complex” oligarchy (or indeed ”broligarchy”) mentioned by Joe Biden in his farewell address. While there has been indeed a rise of an oligarchy that served US interests well at first given its tech focus, it is clear that many of its leaders wish to play a role that go well beyond their business remit. Musk openly exemplifies this mutation with his governmental role in making the US “more efficient” with DOGE, but he is now going well beyond this in promoting extremist political leaders in the UK and Germany while attacking allies on the way they run their own countries. It would be odd for Trump not to have been aware of Musk’s attacks on Starmer or the laudatory exchanges with the new and differentiated female leader of the AfD, this perhaps as it was an easier way to start a new foreign policy approach. We will note that Musk had nothing mean to say about Russia or of course China, which is the location of his largest Tesla factory. It is clear that Big Tech is keen on being close to a winning Trump to ensure his support on deregulation matters at home (see Zuckerberg and his new approach to Meta content), but crucially in relation to the EU where the likes of Commissioner Margrethe Vestager led the fight to regulate Big Tech, admittedly also as it was US-made. And then Peter Thiel, Musk’s Paypal partner and original Facebook funder, writes opinion pieces such as in the Financial Times recently about conspiracy theories and the end of the party of the Ancient Regime, leaving many scratching their heads. And Bezos rescued the Washington Post (notable, given our social media times) though it is not clear what the newspaper may become going forward as some articles have already suggested, even if it stayed neutral during the last election. Not all Big Tech is, of course, personified by individuals who may not be the most principled. Whatever his life style, Bill Gates, the model of what Big Tech should be and focus on, spent three hours with Trump which he found productive and were very acceptable given his historical innovation role (as a potential wink to Bezos, the Gates Foundation just gave $700,000 to the UK Independent Media Group to fund journalism in “under-reported” parts of the world).  

Looking at where we are, and putting aside Trump’s “differentiated” personality, management style and strategy, it is clear that the key word going forward when dealing with Washington will be “transactional”, and that Europe will have to show expertise, cunning and resolve. While we should do our best to engage with the US and keep NATO working, we will need to increase even further our own commitments to defence, hoping our various populations will understand what is at play and is required in terms of funding and organisational changes in this return of History. We can also hope that America wakes up, of course (maybe the 2026 mid-terms?), but this does not change the fact that Europe has been too reliant on Washington for too long, even if the latter wanted to be the august Western leader it indeed was. Defence will now be key and European resolve should be seen through a strong commitment to its own capabilities – as if there were no NATO – while working with it fully. In doing so, all key countries will also need to meaningfully contribute funding and avoid complacency, while no longer hiding behind any historical guilt, to focus more easily on business and economic matters. Those times are behind us.         

Populists of whatever flavour and geography may hurt democracy – as we have seen in recent decades, but especially today. They are now great at combining spectacular showbiz and easy vote-grabbing, as if it were a needed recipe, taking advantage of the always-usual resentment of many that form a core base – this today worryingly amplified with loneliness and social media, especially with younger generations. And then they rarely deliver unless they adjust to reality, like recently in Italy while elections, when they still exist, become a sham like in Venezuela. As a Transatlantic European who believed in, and enjoyed, the “American Dream” I felt hurt by the recent American political developments and their impact on the world, also knowing the past decades had been great for Americans. However, this new populist development in the US had some benefits that perhaps were also needed. In an unexpected turn of events, and even if we should always hope for a return to a globalised world and the Western leadership we knew, Trump’s strange initiative may not help the US, but it could make a much stronger EU (and also Europe) with old friends getting back together anew, all while focusing on the tools of independence like enhanced defence and efficient coordination. All while hoping for America to return to its better ways, then also enjoying the benefits of a better-balanced alliance – this for all involved. Trump is not the America we need – something all my sound American friends would agree with.  

Warmest regards,

Serge

About the potential demise of the world we knew

11–12–24

Dear Partners in Thought, 

Like many, it took me two weeks to be able to watch news from the US, so shocked had I been by the Trump election victory I did not think possible, given the man and his style. I would now like to share my thoughts on why it might have happened and what this drastic development means for America and the world we knew, something we can already see. 

America was first and foremost known since its creation for its values and principles, even if at rare times not always followed by its leaders and key players. Given his personal history, Trump has no clear values nor principles, which he likely sees as too rigid and thus useless features. Trump 2.0 will then likely be the end of the America we all knew, and with dire consequences, especially for the Western world. At best, he will be compared to Andrew Jackson, the Southern Democratic populist of his day and at that time an “outsider”. Another clearly non-liberal Republican like Ronald Reagan would not recognize his own party today or a leader and indeed a twice-elected President like Trump. It is clear that most Republican elected officials did not see the new age that led to the gradual and stark high-jacking of their party since 2015 coming, but they went with it as, like many might, they enjoy their jobs after all. The wild Trump nominations, that stress obvious need for loyalty (if not, in some cases, retribution) far more than any required competence, already speak for themselves. And then we now also have the announced Day One pardon of all those who stormed the U.S. Capitol on January 6, 2021.   

While Trump was to some extent “controlled” by experienced professionals in his first term, it is unlikely he will be in his second, particularly as he clearly found it “annoying”. Hence loyalty first today. Tulsi Gabbard, the choice for Director of National Intelligence, who would oversee 18 intelligence agencies, while a Lieutenant Colonel in the US Army reserve, is also a known pro-Putin individual as shown in her public statements, who also thought Bashar Al-Assad could in no way ever be an enemy of America. Kristi Noem, the Governor of South Dakota and choice for Secretary of Homeland Security, is mostly known for her recent memoirs and her strange killing of her annoying dog, this to expected public uproar. Pete Hegseth, another unknown individual but for his Fox News role, a choice for Secretary of Defense, is a military veteran though also known for his fondness of sexual triangles and a more than serious alcohol consumption style. Kash Patel, the nominee to head the FBI, even if a former federal prosecutor in his younger days, is a QAnon promoter and conspiracy theorist while now being known for his mission to go after Trump’s enemies. Robert F. Kennedy Jr. is definitely a “weird” choice for Health Secretary, based on his own visible state of health and anti-vaccine stances (I often wonder what the great Bob would say). As for Matt Gaetz, the self-withdrawn nominee for Attorney General, he could have created a club with Pete Hegseth while also dealing with substance abuse, making his choice almost a Machiavellian one knowing he would not be approved even by a Republican Senate, this making it easier for other doubtful nominees to be. And on top of this, nepotism unsurprisingly comes in with the future Ambassador to France and the Middle East Special Envoy being both fathers-in law of the Trump daughters Ivanka and Tiffany, the former even being a convicted felon. We had already seen that Lara, his daughter-in-law, had secured the co-chairmanship of the Republican National Committee, ahead of the presidential election. It is hard not to laugh and feel it is part of a Hollywood comic movie. But then it is not a bad dream and shows what a Trump 2.0 will be, even if, sadly, people get used to his ways and too many seem not to mind as time goes by.

Trump 2.0 may be a return to another era where globalization or also peace through trade no longer matters. Generations come and go and history often repeats itself as people in charge have no direct memory. We are moving back to the equivalent of the 1930s where isolationism prevailed with the direct impact we saw, while today is also a withdrawal from a post-Cold War era where nations were more directly involved with each other. This gradual move is often the result of a few personal key agenda-led individuals or spokesmen-leaders, like Trump in America, as the majority of Britons would today agree when having a dispassionate take on the now old and indeed bold Brexit move and its impact. 

How we came to that sad point is worth reviewing. Looking at American history, no President looked like Trump. He is basically a well-known and failed real estate mega-investor, having initially inherited about USD 400m from his father to build an eventually collapsing empire once represented by the Trump Tower. His TV career and “The Apprentice” show helped Trump to salvage his reputation while remaking some of its wealth and eventually considering a new political avenue. He was likely the original populist who made it via elections in 2016. His approach was to gradually focus on the resentments of those who felt that society had not given them a fair deal – a recipe now seen across democracies, all the more in Europe – this even if hugely remote from them socially, something that did not seem to be an issue for anyone. This focus on his core base of resentful voters’ anger did not prevent Trump (at times the curious alliance of interests not really noticed by them) to artfully seek the backing of many Wall Street and Silicon Valley billionaires, who were driven by their needs for less regulations and happy to fund Trump’s campaign to huge levels as Elon Musk and others did. Trump was also naturally helped by the historical rise of social media and their contents with known goals of satisfying what their listeners would want to hear more than providing true unbiased food for thought. The problem with populists like Trump (Meloni In Italy possibly being the only exception today) is that they are usually good at grabbing vote these days but terrible at managing governments, not being really trained or naturally gifted for that role. And then populists are naturally fond of “loyalty first” teams of individuals, as in dictatorships, leading to the kind selected by Trump 2.0 as secretary nominees. 

While quite a few on Wall Street and in Silicon Valley are also flexible in terms of values and principles as long as their interests are preserved, it is also fair to say that all the “common” Trump voters are not devoid of them, even if many beyond the MAGA-hat wearing crowd feel an existential drive fueled by perceived resentment and unfairness combined with an anti-elite sentiment. Some of these voters, especially non-college educated men, even including young ones, did not like where they felt America had been sliding into, this also promoted by quite a few in the Democratic Party. Combined by what they felt as the impact of too much “internationalism” and its societally-induced weaknesses (historically an Anglo-American cultural fear of a quasi-satanic conspiracy dating back from the Reformation) their main anger, which can be understood, may be summed up in one word: “Woke” or an extremist and forced push for what is seen as diversity. Even corporate America is indeed going through times when employees stressing that intelligence and excellence should prevail in role and job selection during corporate meetings can be sent for two months of online diversity education. In some ways, this big trend that started in the late 2010s is the grandson (or grand-daughter!) of the affirmative action where black (sorry – African American) individuals were accepted in top colleges before some Asian students (not white ones yet) with higher grades. Many in the Democratic Party lost sight of the societal impact of woke on sheer American values and principles, mainly focusing on what they perceived as societal fairness the way they saw it. And now, through this excessive approach, they pay a tough price – like we might all do as a result and what it brought us with Trump. While stressing that latter point and somewhat with stupefaction, it is hard to see that Trump was also able to woo many African-American and Asian males, also young, to send him back to the White House, showing the fine actor and persuader he is. Last but not least it would seem, that while many Republican party members were known and kept taking the stage to promote their views, very few Democratic counterparts were seen or even known by the general public, perhaps as President Biden kept the party focus on himself during his term, which can happen with one’s party when being the White House resident.   

The problem we have today is now that Trump is back, his focus cannot be on his show business campaigning ways anymore. His core program combining mass deportation and tariffs, will be highly challenging to put in place, with potentially dire consequences even for his own electorate when they are in the shopping mall or cannot find workers for their crops. As for the world, isolationism often combines economic and diplomatic facets that can only hurt American leadership (assuming it still matters at the White House) as well as the Western world and its multifaceted set of alliances, NATO being only a key one, all the more as we experience new wars and unstable developments globally today.

I hear many complaining that Covid or the July Pennsylvania shooter could have spared the world from a Trump 2.0, which is factually true. However, I would still hope that common sense prevails, also thanks to the hopefully more reasonable and experienced US Senate that should concentrate on true American interests and ensure that our world keeps going without a dire but almost natural return of history if Trump is left unhinged. And in true American tradition, let’s also hope for the best and that the Trump “transactional” approach, that may or not redefine US foreign policy, works for all parties including what we called the West and naturally Europe. In the meantime, risk management is becoming an increasingly key feature if I may say with a wink.  

Warmest regards,

Serge                    

The main challenges of democracy today and how to manage them

10/10/24

Dear Partners in Thought,

Democracy is the main issue of the day, given its fragile state, as shown with the various books on the topic from the great Anne Applebaum’s “Autocracy, Inc.” to Yale historian Timothy Snyder’s new “On Freedom” in line with his earlier famed “On Tyranny”.  With that in mind, I wanted to deal concisely with the key matter of ensuring democracy’s survival. In doing so, I decided to explore the main causes of Western democracy’s fragility in the 2020s while stressing the best ways to ensure its future. 

Democracy, which most of us in the West took for granted, is a very recent political system in the history of the world. We can all agree that the number of centuries where some form of democracy we can relate to appeared is very short. While we can be grateful to America and its founding fathers for giving us the roots of modern democracy in the 1770s, that great country is today experiencing some upheaval that would make the great Republican President Ronald Reagan, not known for his liberalism, turn many times in his grave when looking at what became of his “Grand Old Party”.

In a strange way, autocracies, including those with fake elections, have little hope for eventual democracy – not that it would ever be the goal of their leaderships – unless a coup happens or a strong leader suddenly and unexpectedly dies (a sad but crucial point for Russians and North Koreans with their very personalised power at the top). Autocracies, so well described by Applebaum, are not the main threat, short of war, to democracy as we know it in the West. The tactical advantage of autocracies over democracies is that they are easier to manage as there is no counterweight to the absolute leadership – and as such they can last for long. The key question today is whether democracies can last, given the odd ways they have operated over recent years. 

Democracies are always complex to manage. Their main challenge today is actually “within”. Democracies have slid into show business at election time and well before, mirroring Taylor Swift concerts, though often without the singing and performing excellence. Too many voters no longer focus on policies but like the fight and opportunity to express strong feelings – at times in a very necessary existential way as seen with MAGA hat wearers. Democracy is now often a forum for the easiest but wrong solutions to the most complex issues promoted by vote-grabbing populists, usually targeting electorates not always equipped to understand what really matters. 

To be fair, traditional parties of the centre left and centre right have not helped the democratic resolve in refusing to tackle valid societal problems that were often difficult culturally, like immigration, leaving open doors for populist parties and leaders in the US and across Europe. Tackling problems like immigration, a matter that angers many voters due to the resurgence of a once-forgotten national identity, is challenging for governments also dealing with the economy that often requires not necessarily cheaper but sometimes much-needed labour for the whole society to keep growing. And immigration can be a strange mix of illegal and usually perfectly legal individuals, while pet dogs happily keep going without being actually eaten as lately discovered in Ohio. 

The main challenge of Western democracy is the rising frustration and anger of many citizens at issues that have not been well-managed by traditional government parties, a trend fostered by the bad side of tech via social media that have gradually hurt independent thinking. Many voters started to follow social media that targeted the established old-fashioned elite, hoping that anti-elite populist newcomers were the answer, however untested and by and large unequipped to govern properly, lacking as they do the right tools and formation. One of the obvious threats posed by populists if they win key elections is clearly whether these will be the last ones, all the more given their closeness to or benign understanding of autocrats – as we see so often these days with populist leaders and the way they relate to Putin. However, and in some unexpected way, Italy’s Georgia Meloni became a rare example of a hard-right leader deciding to adopt a moderate and democratic stance at many levels once in power.     

The fact is that our democracies will always need a highly educated elite to give guidance to the wider and diverse electorate – or we should hope so. Hence both high education and proper selection are key and the way to ensure our old West can go on and thrive for its people on the basis it always has done. Even if a scary word for many, elitism is good in essence in a David Halberstam “The Best and the Brightest” kind of way, when he described the JFK team (I agree the historical point can be argued too). Elitism based on education and providing competence is not a shame, even if that elite will always be small in nature – as long as it represents and defends the interests of democratic voters. Elitism based on education, the latter that should be as well-spread as possible within society, also to drive for common sense in the political debate, should be welcome by all. 

There is also a need for traditional parties to acknowledge issues that are easily seized by the populists and start managing them more forcefully with results in mind, this including immigration, while knowing the complexity of such endeavours. Lastly, society with the assistance of governments should ensure that social media use by minors is controlled (including phones in primary and secondary schools), this via a multiple legal and parental approach, also to avoid teenagers being lost for hours in their rooms or walking the streets while watching their phones, making them easy prey for cheap populism later. One of the key features of democratic survival is to ensure younger generations are traditionally educated and can think on their own, even if enjoying the pleasures tech can provide. Common sense should be the driver of such policies, not ideology.     

There is no easy nor black and white solution to managing and strengthening democracy, but a suitable leadership and a focus on traditional education for the whole society, while avoiding the current pitfalls provided by social media, are among the best recipes for democratic success and happiness over the long term. 

Warmest regards

Serge          

“Autocracy, Inc.” (Anne Applebaum)

16-8-24

Dear Partners in Thought,

As most of us are keen on defending democracy in our challenging times – as we have to – I thought it would be good to cover “Autocracy, Inc.”, the new book by Anne Applebaum, an expert on the subject of the slide into dictatorship as experienced in Central & Eastern Europe following WW2. Anne Applebaum is a Pulitzer Prize winner for “Gulag: A History,” renowned for her “Iron Curtain” opus and currently a senior Fellow at Johns Hopkins in DC and a key writer at The Atlantic. While a scholar and writer, Applebaum also knows politics and its challenges very directly, being married to Radek Sikorski, the current Polish foreign minister and right-hand man to PM Donald Tusk, both having come back to lead Poland following the hard-right and EU-unfriendly rule of the Law and Justice party since 2015.

One of the great features of the book is that it shows the nature of autocracy, which has evolved over the ages, especially since Hitler’s Germany or Mussolini’s Italy. Autocracy today is no longer a one man show (or at times woman show like with Sheikh Hasina in Bangladesh) but an intricate set-up involving the police, military, intelligence, domestic disinformation and the whole financial structure of countries. Autocracies may not be clear dictatorships but can also be fake democracies where controlled elections happen. Autocracies today may also be systems where leaders do not care to be called as such and trample very clearly for all to see on the rights of their own people. Independent judiciaries and free press are not acceptable to autocracies as they tend to endanger their rule. A key feature of autocracies is kleptocracy which is a natural, almost human, attribute of such an unruly political system.  

One of the key geopolitical realizations one makes is that true democracies are in a tiny minority group globally these days, even if usually Western-based, thus making us feel that all is well – this being also problematic as autocracies, even if at times not formally allied, usually team up against the democratic West or when it matters to them depending on the core issue at hand. Russia, China, Iran or North Korea while being the obvious members of Autocracy, Inc. are also mirrored by the likes of Venezuela, Cuba, Myanmar, Syria or Zimbabwe, which the West notices less, apart for their endemic subsistence problems, as presenting less direct massive risks, even if at times theaters of geopolitical tragedies. And then there are illiberal democracies like Turkey, Georgia, Kyrgyzstan and Kazakhstan even if at times enjoying some fragile degrees of democratic transition, as happened in the Philippines, Taiwan, South Africa, South Korea and Mexico. A notable trend I felt has been the increased bullishness of established autocracies while some key democracies, admittedly not of the Western type like Modi’s India, have been less democratic as years went by. 

Applebaum goes back to the Western drive, especially of a German flavor, that was focused on peace through trade, starting at first during the late 1960s with gas pipelines to link the Soviet Union to the West in a peaceful way. This approach that Germany led and most of Europe enjoyed, also given energy needs, lasted for decades as seen with Chancellor Merkel in the 2010s. The same approach with China since the early 1980s supported the concept that trade would bring democracy to the rising key country. There was an assumption in the West that an inter-connected world through trade would bring liberal ideas and democracy to an autocratic world where in fact the opposite surprisingly happened as seen today with autocracy and illiberalism being spread to the democratic world instead, as seen in recent elections across Europe.    

One of the main leaders of the anti-democracy and anti-West move is naturally Russia, which made history return in Europe with its invasion of Ukraine, however failed a project. While Russia’s past shows a historical liking for autocracy of different flavors, nothing was pre-ordained after the Soviet Union and its system collapsed. Applebaum goes in detail through Glasnost in the 1980s in Russia to stress that democracy as we know it was also sought after. It was not a given that Putin’s Russia would be what it became, even if its early roots were to be found in St. Petersburg when the future leader was oddly Deputy Mayor to Anatoly Sobchak, the most liberal Russian mayor ever and would have started what became a national kleptocratic scheme later. As Applebaum describes it, Russia became the poster-child, if not hard to reach model, for a mix of autocracy and kleptocracy or a mafia-state managed with the officially main hidden goal of enriching its leaders. The successful ones were not the entrepreneurs building leading businesses, but individuals benefitting from favors granted by or stolen from the Russian state. As she says: “Nobody became rich by building a better mousetrap.” Russia never became a competitive market for success, but one where obedience to the leader was the only driver while the system was mutually sustainable and beneficial for the leader and its oligarchic subjects, making it, in my own view, unclear who was at the top, if not an inter-linked “system” in itself. Applebaum stresses the key successful combination of Russian autocratic kleptocracy, to be initially found in the KGB’s terrorist group-funding money laundering expertise and some sad expedient features of international finance that helped hide great wealth outside Russia.  It should be stressed that Putin and the obedient oligarchs were also empowered by Western banks, lawyers and even regulators that benefited from the scheme, not making that autocracy-kleptocracy model wholly-Russian in essence, and stressing that capitalism needs to be regulated closely on such matters. And as we know, some highly flexible countries, like the UAE, welcomed perfectly legally many sanctioned Russians who invested there, to the point that some jokingly would say that Russian is the first language in Dubai. Applebaum gives many examples of Russian, but also Nigerian or even Jordanian money, being hidden in the West in real estate or other assets in the most anonymous way (one in five purchasers of Trump properties were anonymous through shell companies often concealing a Russian origin, Trump Tower in New York being always well known for its Russian condo owners). Applebaum, who shares amazing personal British-related Russian purchase experiences like in Hampshire, stresses that anonymously-owned shell companies based in well-known leading tax heavens represent today 10% of global GDP, not that all would be linked to autocracies but likely many. One of the key features stressed in the book is the double standards of Western democracies preaching liberal values but helping build illiberal regimes as it made financial sense for many of its own economic actors.                  

Applebaum then takes us to Venezuela, once the leading, oil-rich, country in Latin America while focusing on Hugo Chavez, who seized power in 1998 and held it until his death in 2013. While a revolutionary at heart, Chavez, who became known for his anti-Americanism, neo-Marxism and flamboyant populism decided to opt for a kleptocratic and corruption-flavored country with domestic institutions such as press, courts, civil service slowly broken, in order to manage it better and stay in power while stressing his formal attachment to democracy. Many of the US$ 800bn in oil revenues during Chavez’s tenure went into private bank accounts around the world. The story of currency exchange manipulation also involving young Venezuelan students, supposedly for many studying abroad, provides another chapter in what some called the “democratization of kleptocracy.” All in all, estimates put the Chavez regime steal in 2013, when he died, at USD 300bn, much of it seen in empty brand-new apartment buildings in Caracas but also in Florida. It is notable that, while the Chavez regime pursued its corrupted course, the official emphasis was that the Bolivarian socialist revolution was good for ordinary people even if corruption eventually brought down the whole economy as its key state oil company floundered.  As Chavez had disappeared and demonstrations rippled the country, Autocracy, Inc. came to the rescue, also to deal with sanctions. Drug trafficking, extortion, kidnapping, and gasoline smuggling could not be enough to put the country on a fragile, if illicit, road to survival, so Russian companies stepped in with the likes of Rosneft, Gazprom, Lukoil even the odd TNK-BP. Subsidized Russian grain exports flew in as did arms and armament, not to mention crowd control equipment. China replaced wary Western lenders with loans without conditions, while enabling the Maduro regime to keep going until the country was broke, and what had once been the richest country in Latin America became the poorest. Cuba stepped in too, driven by the similar anti-American agenda as Putin’s Russia and then Xi’s China, even providing trustworthy soldiers, police officers and security and intelligence experts to Caracas. Turkey, even if a NATO member, also supported Maduro based on the close relationship of its two leaders, while Iran, with no common features with Venezuela, provided food and gas for gold as of 2000. Recent elections, not covered by the book due to their timing, showed us the extent of Maduro’s blatant violations of civil rights and the electoral process, all while displaying a laughable adherence to an obviously fake democratic cover story for his regime.

We then go to Zimbabwe, once known as Rhodesia, and see as a vivid example a picture of a leading local show-business-type preacher, who sells ways to become rich to locals willing to pay a fee – also someone involved in gold-smuggling and formally a Special Ambassador for Harare. Zimbabwe is an interesting case reflecting African post-colonial developments where many countries, initially democracies at their independence, gradually became autocracies to different degrees, and naturally kleptocracies for their elites. This August, Paul Kagame just started his fourth five-year term as leader of Rwanda on the official basis of having won 99% of the votes – underlining a new autocratic trend covered by Applebaum that there is no limit to lies in autocracies. And in a classical scheme, many of these fake democracies were helped by some Western institutions not keen on mixing morality and business while anti-Western countries (and at times Western ones for practical geopolitical purposes) would support them. The case of Mali or Burkina Faso in the Sahel being an example as seen with ex-Wagner Group mercenaries, but also China’s inroads via the Belt and Road Initiative and weapons delivery, or Putin’s Russia support as Zimbabwe backed it at the UN following the invasion of Ukraine. Kyrgyzstan, a former part of the Soviet Union is covered by Applebaum as another good example where autocracy occurred post-Soviet days, de facto keeping the country on its longstanding historical course.    

One of the key features for autocracies is “controlling the narrative.” As the West hoped that trade could democratize dictatorships and build world peace, it also thought technology would ensure that democratization would happen across the world. More than two decades before the Xi era, China thought the opposite, believing that using the internet would enhance control of its people, all the more after the 1989 Tiananmen uprising and at a time where Central & Eastern Europe was entering a new democratic phase viewed as potentially contagious. Applebaum goes to great lengths in describing the many ways tech was used through all sorts of tools to control populations in autocracies and illiberal democracies. In the case of China, its government was even initially assisted by great Western names like Facebook, Google or Cisco (we would hope not fully aware of the end use of their products) that agreed to adjust to the demands of the Chinese leadership as a new big market was opening up – this before leaving or being banned a few years later (even TikTok, recently much criticized in the US, is not allowed to operate in its place of birth). 

Applebaum goes through the many ways and tools – a long list of examples – countries like Russia ensured tailored information was disseminated domestically while disinforming about the “declining West” and massively ensuring fake news were spread in the West where it was strategically required. Lies, however great, no longer mattered as seen in the anti-democratic world on all continents – as if the more outrageous the better for their makers, who would never spend time defending them. The main goal in autocratic domestic messaging is not to bother with politics and enjoy their lives, whatever those might be, while knowing their government cares for them. Words like “Tiananmen” or “democracy” were simply eliminated from the internet in China while too-free-thinking journalists were pursued ceaselessly, combining old-fashioned repression with the new tools of the tech era. “Safe city technology”, another name for tools of control, were also sold by China’s Huawei on the back of their domestic successes to Pakistan, Brazil, Mexico, Serbia, South Africa and Turkey. Western democracies also started using spyware tools to fight both crime and terrorism, making it sadly easier for autocracies to escape criticism even if the end goals would be vastly different. Hacking of Western targets and countries became a national sport for Russia, all the more at election times (the 2016 US elections being a classic case today) and since the invasion of Ukraine, which Russians were told every day through various channels (an average of 18 times a day for some tools) was to save them from an imminent NATO offensive.

Applebaum stresses that many in targeted countries, especially in the developing world, would also sadly fall for the exported disinformation from autocracies like Russia. It is hard to give enough credit in a short Book Note to Applebaum’s deep dive into how autocracies “control the narrative”, hence a direct reading being the best way to “enjoy” it (if I may say). Applebaum gives us the best lessons on dark topics few of us know and we all need to take. On a positive note, and as recently stressed by Alec Russell in the Financial Times, enduring autocracies can also end as seen with the rushed chopper exit in Bangladesh due to the pandemic of incumbency fatigue that sweeps the world, even if staying in power is naturally easier for strong rulers as long as the army is on their side. Similarly, leaders of “strong” African democracies like Kenya or Nigeria were recently reminded that victory at the ballot box, all the more if elections are “controlled” to some extent, is no longer a free pass. However, what matters is how people feel, and in some countries like China and India where 1.1bn people were lifted above the international poverty line in recent years, matters of autocracy or democracy may be not the primary focus. Autocracies have different ways to survive like totalitarianism plus isolation for North Korea, or a release valve-porous border with South Africa that needs workers for Zimbabwe.        

As Applebaum stresses, Autocracy, Inc. (especially China and Russia as its key leaders) is not simply about destroying democracy, which is a challenging task, but to rewrite the rules of the world order as set since the end of WW2. “Human rights,” which was the key focus, needs to be replaced by “Sovereignty,” which means that countries should behave as they want as independent world actors, this validating all aspects of autocracy at home. Another key autocratic driver today is creating a “win-win cooperation” whereby every country does what it wants, but they can still work together – in other words, to each its own political order. The Russians on that matter stress their desire to foster “multi-polarity” that stands for refusing an American-hegemonic world. With this in mind, Putin hosted on August 13 the Moscow International Conference for Security to address delegates of 70 countries – some likely non-aligned if not all autocracies – and give his version of geopolitics focused on Western neo-colonialism, the need for military cooperation, Russia’s new pivot to Asia (to counter the recent AUKUS alliance) and a required new world order. It is also amazing to see how autocracies articulate existential and governing ways with no regards for the well-being of their own people, underlining the low priority they represent. Applebaum then gives us detailed accounts of elections in Venezuela in 2016 (2024 would have been an even clearer case as time moved on) and in Belarus in 2020, which we all likely recall. In her epilogue, she focuses on the key move that would be to prevent the otherwise legal work of Western banks, lawyers and other advisers from advising autocrats and their followers by making transnational kleptocracy less easy. She gives us another detailed recipe to undermine the information war led by autocracies that have had so much impact on Western populations. And finally, she stresses the need to ensure “Democrats United” (also smiling about that easy heading) to find the right ways to protect and indeed promote needed democratic values and principles across the world today.  

Autocracy, Inc. is a great book that needs to be read, all the more so today. Applebaum makes us think about the precarious position of democracy as we know it on the global chessboard and how easy it could be for it to disappear as a simple, and indeed short chapter of world history. The biggest threats today are, on one hand the apathy of many of our voters in our established democracies as to what democracy means, while too many others get bamboozled by cheap populist parties and their usual “show business” leaders taking advantage of issues that need solving, but incompetent at managing governments, especially (but not only) in Europe. The upswing populist trend experienced throughout Europe may also strengthen illiberal EU leaders like a Hungarian control-focused Viktor Orban, or let Georgia Meloni shift back to old approaches dear to her Brothers of Italy, as seen with recent news of her dealings with journalists. Autocracy, Inc. critically reminds us that our democratic world also has clear geopolitical enemies wishing very actively and increasingly our demise, not stopping at any means and using the latest tools, like social media and tech developments, to achieve their goals. Autocracy, Inc. is a wake-up call as to what matters and what we should do if we keep wishing for people to be in charge of their destinies, this requiring active involvement in preserving our democracies and working together, also globally at government level. While strongmen rulers are not immune to the pandemic of incumbency fatigue, as rightly stated by Alec Russel in the Financial Times, we should do more. Perhaps a good initiative would be to establish the democracy-focused equivalent of NATO globally.

And on a funny final note, one should notice that the leading medal winners at the Paris Olympics were all old-fashioned democracies by a long shot (putting China aside of course).

Warmest regards,

Serge      

The key features of the forthcoming US elections

Dear Partners in Thought,

While we enjoy a constant media flood dealing with the November US elections, naturally focused on the presidency, I thought that I would give you my take focusing on key features that matter. I am not a US citizen but always loved America, not only for what it stood for, but also did to help save Europe and indeed the world last century. While a French citizen and proud to be a Transatlantic European of sorts, America was—and still is—my country “at heart,” given its foundations and history, but also the model it gave me in so many ways in terms of values and principles, even if never a perfect country.

Today we are faced with two candidates nominally still from the two parties that have shaped US politics for decades. While the Democratic Party is still broadly the same, even if opponents would criticize its radical left wing embracing Woke themes that are indeed arguable, the Republican Party is no longer the home of Ronald Reagan or George H.W. Bush with a simple but clear focus on free markets, smaller government, and a strong foreign policy as Western world leader. This change is a crucial feature in American politics, reflecting the rise of vote-grabbing populism with easy answers to complex issues seen in old democracies globally. This change is also reflected in the character of the individual who could lead America again, all the more creating a key leadership issue in our challenging domestic as well as geopolitical times.

Donald Trump highjacked the Republican Party, or Grand Old Party (GOP), as he was able to generate support from a sizeable number of voters nationally and especially in Red States, which changed the nature of the party to the point they ended up largely controlling its very own primary process as party members. Such a development resulted in many elected and would-be-elected Republican officials following Trump in order to stay in or access power in the various legislative houses states-wide or nationally. It is also possible that the traditional GOP, like the Democrats, became gradually seen as too weak or not forceful enough on key subjects we know, such as illegal immigration, always providing avenues to populist parties the world over. It is also fair to stress that social media, increasingly a hardship of our times, has not helped by shaping the minds of those who want simple answers to complex issues, that often need to be fixed. It is clear that this gradual transition seen since the mid-2010s was never wanted by the Republican establishment, most of whose members would despise an individual like Trump, but their existing and future roles took precedence over the essence and future of their very party. Today the GOP is the equivalent, even if better staffed with competent and experienced individuals, of a National Rally in France or similar extremist populist parties across Europe – even if many GOP officials would disagree, wanting their cake and eating it too. The dangerous feature in comparison is that they could and would, once in full power at the White House and Congress, deliver policies that could end up hurting America, the West and the World. As a “Reagan Republican” at heart I take no pleasure in stressing that very sad point.        

Character matters too, especially for key leaders in today’s world. Trump’s style, worse than when at the White House, has clearly debased the political discourse to low levels unseen before but which resonate with its MAGA hat-wearer base, even if he is not seeing that the majority of American voters does not identify with such despicable ways – as we would hope. It is rare today to hear him on the campaign trail without crossing the once acceptable lines on how political competitors treat their opponents, especially in America. It is actually almost funny that very few Trump voters do not realize that Trump only sees them as tools for his personal ambitions while sharing really nothing in common with them – as if someone with his personality traits, and who inherited US$ 400 million from his father to launch his business ever would. His recent falling in love with crypto is the latest vote-grabbing and need-for-funding moves, to the point that it is almost laughable given all the scandals experienced by this gambling scheme in recent years. Trump is simply the poster child for the antithesis of American values and principles while the artful master of bringing show business to the highest political process and office.      

His pick of JD Vance as VP nominee reflects the core features of Trump’s personality. While JD Vance certainly has qualities that led him to where he is today, he is also a “Trump mini me” who does not broaden the appeal of the former President’s candidacy but mainly shows his strong ego. Vance is also a clear opportunist, having been known in his late twenties as a writer defending the center right values for David Frum’s FrumForum while becoming shortly later a strong “Never-Trumper” during the 2016 presidential race, all on the back of his “Hillbilly Blues” book fame. His approach was very clumsy as he rallied Trump, following his Silicon Valley ex-boss Peter Thiel funding of his US Senate race in 2022, while keeping stressing his “working class” roots as a Yale Law graduate turned venture capitalist, who also married a classmate of Indian American origin, who should have made him nicer to Kamala Harris. It was almost funny to see and hear Republican Senators being annoyed and speechless by Vance’s past comments on “childless cat ladies” in addition to Trump’s recent ones on his opponent’s unclear black origins. Vance’s main danger for US society – and the world – is that he is young and could keep Trumpism alive for generations, likely not a small selection criterion for Trump himself.        

Today Trump is the key player of a world where actual and would-be autocrats have risen with names we all know globally. The rise of populists, especially in the leading country in the world (which the US still is) would have serious impacts on international affairs, all the more with a more unhinged Trump 2.0 given the campaign previews we have seen. It is clear that Trump is keen on isolationism which is sold as a way to protect Americans by raising tariffs or not being involved “overseas” but would hurt America’s and its citizens’ interests at all levels, including crucially the pocket book. His historical closeness to Putin (some once argued as the Russians had “something” on him) has led to very soft stances on Russia and its invasion of Ukraine. His approach to NATO and well-deserved demand that all its member countries commit 2% of their GDP seemed to have been a way to follow an isolationist route and leave Europe to deal alone with its longstanding historical threat. It is as if world or Western leadership would no longer matter to Trump, while at the same time he stays focused on China and Taiwan, which also happen to be a bipartisan feature even if the gradual nemesis, that needs to be checked, has other issues of a demographic and economic nature to focus on, actually making them keen on continued globalization (and, as an aside, abandoning NATO would not send the right signals to Tokyo and Seoul). Trump’s focus on isolationism is in fact totally driven “by getting easy votes” from people who believe that the White House under Trump 2.0 would be essentially focused on solving their own problems and issues – this eventually leading to clear disillusions.       

The good news is that America will be able to vote “for” Kamala Harris and Tim Walz and not just “against” Donald Trump and JD Vance – even if both moves will be key drivers with the latter feature seen in recent elections like in France. Values and principles matter and a Harris-Walz ticket, also relatively well-balanced in its composition and quite personable, is the continuation of what America needs, as well as the West and frankly the world. While not reflecting a choice between Good and Evil (that some could argue about), the contrast between the two tickets should be clear. A Harris presidency would naturally be different at some levels than previous ones, also given the backgrounds involved, but expectations for sound continuity would be met. Society would of course not drastically change overnight, while an otherwise wealth-creative capitalism with its known excesses would likely go on, but would be clearly regulated and not subjected to political paybacks likely for Silicon Valley or the crypto crowd as could be expected with the GOP ticket. Opponents of the West would know that America would still be there to defend the values and principles that made it strong and ensure sound geopolitics in unison with its allies globally. Putting aside policies that can be discussed in detail ad nauseam, Harris-Walz is a vote for Reason and Stability, all the more so for America and in a world that needs wise and strong leadership in its challenging times, and the return of History as seen in Europe and the Middle East, if not globally.  

Warmest regards,

Serge

“Putin’s Wars – from Chechnya to Ukraine” (Mark Galeotti)

25-7-24

Dear Partners in Thought,

Russia has gradually become a key concern for Europe and the West since Putin made his speech in 2007 at the security conference in Munich, when he complained about the way the West treated Russia. And then we saw Russian military operations in Georgia in 2008, followed by a game-changing involvement in Syria and, of course, Ukraine, first in Crimea and Donbas in 2014 and then with his full invasion of Ukraine in February 2022, the latter I dealt with in previous pieces. This Ukraine invasion, which was widely expected, did not bring Russia the results that it wanted, stressing familiar weaknesses of its armed forces as seen historically (the number of dead speaking for itself) but also most notably in the post-Soviet 1990s and while Putin strongly focused on rebuilding what he perceived as being Russia’s core strength and reflecting his regime’s legitimacy. I thought it would be good to focus on Russia and its military and understand its developments since the Yeltsin years.       

As such, I wanted to tell you about “Putin’s Wars” a key book from Mark Galeotti, today one of the leading Western experts on Russian affairs with a strong personal exposure to post-Soviet Russia and a unique knowledge of all aspects of Russian military history and the Putin era. Having taught at NYU and now a Honorary Professor at University College London, Galeotti was a Visiting Professor at Charles University, Prague and is still involved as a Senior Research Fellow at the Institute of International Relations of my beautiful city here. I had the pleasure of exchanging on a few topics with him in recent years. Of note, he was placed on the list of 28 individuals barred from traveling to Russia by Moscow in Q2 2022, this showing the quality of his writing and where he stood.  “Putin’s Wars” is a complete history of the Russian armed forces post-Soviet collapse with a focus on Putin. As a warning, the book, which is very encyclopedic, is indeed very detailed – at times overly so for some readers in terms of the descriptions of military units, names of commanders, number of soldiers, kits and armaments and precise military acronyms involved, making it akin to a PhD thesis: but every piece of information is accurate and adds to the seriousness of the book which is also based on actual interactions with many Russian soldiers over three decades. 

The book covers the last thirty-five years of Russian history starting with the end of the Cold War and the Soviet Union under the Gorbachev era. Many of us remember these times, mixing hope and worry as the Soviets were collapsing and the Yeltsin leadership was concerning, eventually leading to an oligarchic regime, chaos and then to Vladimir Putin, who coming from the KGB became PM to put Russia back on track in what he saw as the right order. His focus on restoring military strength was a core mission in restoring Russia’s relevance globally. Before going through all the wars (each described in small, focused chapters), Galeotti offers us a description of the state of the steeply declining post-Soviet Russian army in the 1990s with its bullying culture, perennial absence of NCOs, poor command structure, lack of proper funding when not proper food for the troops was available and, in fact, many features explaining the roots of the very poor battlefield performance seen in Ukraine – and finally why a war of one week is now well into its third year. One feature few of us knew was the impact of the withdrawal of Soviet troops from CEE in the early nineties with no funding to do so (apart from a West Germany that would then stand in) and infrastructure to welcome them back home, leading to 280,000 military families without housing at the time.  

The main story starts with the first Chechen war in 1994 – seen as a humiliation for the Russian forces – and a good reminder of the challenging relation between Chechens and Moscow, ever since Stalin and his decision to deport its population from North Caucasus to Central Asia. Many of us will remember the name of Dudayev, an air force general who declared Chechnya’s independence, even if Yeltsin had initially promoted such moves during the Soviet collapse, which eventually led to Moscow’s military retaliation. We learn about the superior military abilities of the Chechens due to their training from a young age, traditionally leading them to join Russian paratroopers and special forces units. This first Chechen war was a clear failure for Russia, showing its military weaknesses and inability to operate as a strong country any more, even if it had decided to become a regional and not global military power. While the capital, Grozny, was taken in 1996 at a high cost of lives, and the war seemed over after Dudayev was killed in a targeted air strike, Yeltsin returned to domestic politics, failing to prevent Maskhadov, the then Chechen military leader, unexpectedly taking the capital city back. The Kremlin then decided to stop the war it could not easily win (even against a “ramshackle guerilla”) and grant autonomy to Chechnya as long as it stayed part of the Russian Federation. As the Chechen leadership was more able to fight than to govern efficiently, another war would occur in 1999.

The war had been a blow to Russia’s military prowess but also to the country’s ability to manage its own affairs as it was rebuilding itself. Aside from the initial Chechnya conflict, Galeotti also covers the Transnistrian ethnic Russian drive for independence from the new Moldova, the civil war in Georgia and the implosion of Yugoslavia, giving rise to a nationalistic Serbia led by former Communist leader Milosevic, thus underlining the challenges of the former Soviet Union and its “region.” As I was reading these early chapters leading to the core book focus – Putin and his own wars – I can recall these times when I was also working occasionally in Russia for the European Bank for Reconstruction and Development (EBRD) whose mission was to create a new and better economic region, also to ensure peace in Europe and beyond. It was a time when we could see that Yeltsin and his team were trying to get Russia more world-integrated, while even those of us in the filed did not know all the side stories we know today. It was also a world of daily chaos that we took for granted, given the times. When I was attending the EBRD annual meeting of 1994 in St. Petersburg and leaving the hotel-boat (as there were not enough hotels for all the attendees of the annual meeting) I could see in the parking lot a car with five cadavers inside, one of the results of the ongoing gang war that was business as usual in key Russian cities at the time. The Yeltsin years, while being almost naturally chaotic given the Russian regime transition, were also characterized by a leader who was better known for being good at being “against” than “for something” and lacked a clear vision for a new Russia, all of this compounded with poor health and an increasingly clear state of drunkenness. 

Putin is dealt with very well by Galeotti, who goes through who the man initially was – someone totally unknown to most Russians and the world before he became PM in 1999, acting President and then won the presidency against Communist Zyuganov in 2000.  Putin was “a scrappy kid from a poor family” with a childhood in post-war devastated Leningrad. Although Galeotti does not dwell on his teenage years which I recall were a bit wild, we get quickly into his strong desire to join the KGB (also driven by the spy movies of his childhood) as a way to “belong” to something great, where he was not deemed to be a star. He would end up being a liaison officer with the East German Stasi in Dresden when the whole system collapsed, creating a personal shock that would explain a few of his key features. He then worked at the Leningrad State University, a job he likely secured via KGB connections, and became an adviser to liberal and first democratically-elected mayor Anatoly Sobchak ‑ to many in the West the new face of a Russia we all wanted (looking back it was an odd mutual fit, if any). He eventually became Head of International Affairs to the Mayor and then Deputy Mayor until Sobchak lost his reelection in 1996. Having being noticed for all his qualities and, crucially, soberness by the “Family” (Yeltsin’s inner network) he gradually became a potential successor and then in 1999, Deputy Prime Minister and Prime Minister the same day. Within five months of his new role, Yeltsin resigned and Putin became acting President. His first challenge was to be the second Chechnya war, while offering a new face of Russia to the West as 9-11 took place and he sided with America in helping it seek revenge in the “Global War on Terror.” It was a time when George W. Bush could see into Putin’s soul (some mean critics would see another sign of shortsightedness). While Putin started reasserting Russia’s role on the international scene, he also re-drew the rules of the game at home by forcefully controlling all the oligarchs who had been running, or at least benefitting from, the country behind the scene under Yeltsin, all the more since funding and securing his re-election in 1996. Many Russians must have liked this strategic correction.

The book is not simply about Putin and his wars, but focuses mainly on the Russian military and the great efforts by Putin to overhaul it following the first Chechen war debacle, while taking it away from the declining Soviet times. Russia under Putin spent much time and work gradually recreating a defense (some would way ultimately an offense) force seemingly of the first order that would go well beyond the beautiful and local population-reassuring May day Victory parades, or its ever-present nuclear capabilities (today still the largest in the world in terms of “rockets”, which says a lot given where the country really is). A few chapters are devoted to what went on and who led this key overhaul since 2000. Names like Sergeyev, Ivanov and Serdyukov who ran the Ministry of Defense may have been forgotten today, while Sergei Shoigu, in post since 2012 until recently and the Ukraine “special operation” unhappiness, will be well known. In an unusual way, some chapters address specific troops (which were much of the focus of the re-engineering – in itself a weakness as too overly focused) like the paratroopers and their desired hyper-masculinity mirroring the well-known “propaganda” picture of the bare-chested Russian leader seen on a horse in the wilderness.

We then go into the second Chechnya war in 1999, which stressed Putin’s desire to reassert control over what was deemed to be Russia and started after a few Moscow apartment bombings took place, even while the origin of the perpetrators is still being “discussed.” Chechnya became indirectly the focus of al-Qaeda via an Islamic leader, Saudi-born “Emir Khattab,” who had led a small invasion of Dagestan and was close to Bin Laden, the plan being to eventually create an Islamic caliphate and not Chechen independence. It turns out that his move was stopped by local Russian troops while Maskhadov, now running Chechnya, was not able to show a good enough control of the situation, thus leading Moscow to start a second intervention and regain control of Grozny. The intervention was not that of a massive war, while the opposition was not the best either. That successful war for Russia nevertheless heralded the new times of what some called “Kadyrovstan” after Ramzan Kadyrov, the pro-Russian Chechen leader who took over Chechnya as a result of the second war and still runs it today (funnily his son, 16, has been, the head of his father’s Security Service since November 2023, illustrating one of the issues that Russian-flavored forces may encounter in our interesting times).

We then go into the Georgian operation that marks the first foray into non-Russian territory even if an old Soviet land as Stalin would agree. We go back to the now almost-forgotten and jailed Mikheil Saakashvili, then the US-educated leader of Georgia, who post-Shevardnadze era, wanted to get closer to the West while spending 9.2% GDP on defense (some NATO members would blush). This very new post-Soviet approach led to Russian-assisted separatism in South Ossetia and Abkhazia and a swift Russian military intervention in the former to counter Tbilisi’s reaction to forcefully ensure national unity. As a prelude to what the world would see in Ukraine since February 2022, the swift and successful Russian operation, which Galeotti goes through in detail, also showed some flaws in terms of weak coordination and communication between the various Russian military units and branches. Georgia, if anything, led the Russia leadership to focus on the strategic need to change its military further. Many changes were indeed made to the Russian forces, and then applied in light-footprint interventions first in Crimea and then Syria, the latter that saw Russia operating militarily outside its regional sphere, and ultimately and unexpectedly helping save the shaky Assad regime.

Russia’s military overhaul was focused on modernization and professionalization to make the forces more adaptable to modern warfare. Combat platforms, electronic warfare forces, long-range precision weapons and drones, and hybrid and cyber weapons were also developed, as soldiers were better-trained while deployed in small conflicts like in Georgia and then Syria. The navy did not seem to get Putin’s focus and stayed a “green water” one as opposed to becoming a “blue water” one, unlike that of the US or even British and French navies – all while suffering substantial losses in recent months, making the Black Sea less “Russian.” However, all these positive developments did not go with the required battlefield effectiveness also for larger conflicts showing the challenges of an unfinished military revamp. Prior to February 2022, Russian armed forces had only been involved in relatively small conflicts (even if presented as “Little Green Men” like in Crimea and parts of Donbas in 2014 and later). To be fair, special operations, were also the focus of NATO and Western military forces over the last 20 years, especially since Iraq 2.0 for the US, this leading also some European countries, well beyond their reliance on Washington, to focus less on maintaining a credible defense machine. In addition, great wars were simply no longer in the minds of many in the West, all the more among younger generations, while the economy and jobs were the primary focus. War was simply no longer a factor. Ukraine would change this, to some extent even if foreign affairs were rarely on top of voters’ preoccupations.      

The Ukraine invasion is naturally dealt with in great detail (I shall keep for you to discover), even if we know that Galeotti was not helped by Putin’s timing as he had just finished his initial final draft in early 2022. While we were in a state of a “new cold war” since Crimea as of 2014, we will always speculate as to what drove Putin to invade the whole of Ukraine in 2022. Did the relatively soft Western response to Crimea à la Obama in 2014 help? Did Covid and his isolation and actual distancing from his top team wrongly enhance his dreams of restored imperialistic grandeur? Did the relative successes of the small (and at times low-key) operations in Crimea and Syria lead to misplaced over-confidence? We will never know and can keep speculating. What we do know is that the Ukraine invasion showed a more disorganized Russian army than most in the West would have expected. Such an invasion and the seizure of Kyiv should have taken one week as many believed, especially Putin. And then Ukrainian forces pushed back (NATO training since 2014 having helped) even if not able to lead a successful counteroffensive as seen in the summer of 2023. The state of the long insurgency war in Ukraine reflects both Russian military weakness and a much stronger and unexpected Ukrainian preparedness to repel such an invasion. If there is one key feature I would personally stress, it is that “equipment” does not replace or improve “management,” the key weakness of the Russian forces, also historically, being found in command and control from the top to the strangely still-absent NCOs at basic level. Securing obedience and loyalty among military commanders, a key and deeply-rooted feature for autocracies even if disguised as democracies, does not create efficiency on the battlefield. This key weakness for Russia is added today to deficiencies in logistics – spare parts, food, water or transport trucks, not to mention a still-poor training of junior officers, a remnant hazing of enlisted men, barracks from another age, bad troop nutrition and, of course, low pay.  The fact that the Wagner group pre-Prigozhin “downfall” seemed to be the best unit on the ground  was no surprise while using jail inmates (something Ukraine is now experimenting with) and a focus on mobilizing ethnic minorities were strange even if understandable,- also given the strong but unexpected outflow from the motherland of many educated men, like IT professionals, away from urban centers (this even if many Russians deep down backed “prestige restoration” – as long as it did not involve them it would seem). 

Finally, another key feature of Russian military issues is that the defense of one’s country does not guarantee the same energy and drive of military personnel when invading another, all the more so if not really threatened (this whatever the odd official line repeated by wooden-looking Kremlin spokesmen Dmitry about NATO’s intentions). Ukraine is a case in point, even if it does not guarantee that an 8% GDP war economy-transformed Russia (also perhaps reflecting an existential need, alongside its world leading nuclear stockpile) would not win over the long-term. Wars of that sort are clearly not linear in their developments, as seen with Ukraine also having gradually addressed its weaknesses in manpower, fortifications and munitions, while the current Russian offensive on Kharkiv is fizzling out and weaponry supply and refurbishing stocks appear to be key new issues going forward. A Russian ultimate win – largely focused on staying the course come what may – is clearly always possible if and when Ukrainians and the West were to get “tired”, also “helped” for the latter by an increasingly possible and ill-fated isolationistic and resulting Ukraine-forgetting Trump-Vance victory in November.

Warmest regards,

Serge                        

Understanding the roots and results of the last French elections

8-7-24

Dear Partners in Thought,

While I did not want to rush with an Interlude earlier as news was flowing fast, I wanted to cover in depth and very honestly a very key and at times sensitive topic for France, Europe and the world: Where is France today and why? Since he became President in 2017, Macron has remade France to a great extent into a modern country for the 21st century. He reformed employment, leading to 2 million new jobs and 6 million new businesses in seven years, making France a business-friendly country. Inflation was also well-managed. Paris became a hub for tech start-ups and rivaled London as a top financial center, while business taxes were cut along with unproductive wealth taxes. Education was boosted and pensions were reformed. France grew faster than its EU peers and poverty rates were below the EU average. It is possible that those achievements were not felt by the average voter, with European parliamentary elections showing a rejection of Macron’s electoral grouping in ways that were both drastic and surprising. And to be fair, the public deficit expanded to markedly new heights making the overall French economic picture less impressive. This Interlude will try to go through the much deeper roots of these results and explain why France is where it is today while democratic governing is challenging in our times.   

As the Rassemblement National (National Rally or RN), the far-right Eurosceptic party, created the huge dual surprise of finishing first with a 33% stake in the first snap election round but unexpectedly not securing an absolute or even relative majority in the second round, I still wanted to focus on the roots of its increased popularity. I wanted to focus on the RN given the future, as it may keep growing and eventually secure power in France if traditional politics kept failing, however governing is challenging. RN lost today but France did not yet win. France is now going through a chaotic period with no clear path for an obvious government. It is clear that the “republican wall” worked again, even if not ideal for voters who would like to vote “for” rather than “against” a program, while also creating governing issues for France.

The results of the European parliamentary elections in France, often the case for a protest vote, led to Macron’s unexpected and, to some, gamble of dissolving the National Assembly. His decision, leading to snap parliamentary elections, which can be controversial, was made to create a reasonable centrist wall assisted by moderate socialists and center rightists against the RN, whose deep founding roots go back to the Vichy period (some French Waffen SS having even been with Marine Le Pen’s father’s leadership of the Front National or National Front when he created the original party in 1972). Macron’s admittedly bold move was put in jeopardy when various parties on the left, some with little common policies, values or principles, unexpectedly (for many observers and indeed Macron himself) decided to use the far-right and the dissolution as a way of trying to seize power electorally by presenting the Nouveau Front Populaire (New Popular Front or NFP), a tactical and opportunistic gathering established in four days, that could win “only” as it would oppose the RN. In doing so, these far-left and center-left parties decided to recreate the aura and forces led by Léon Blum which were opposed to the rising far-right in 1936. To some extent it was also a more drastic flashback to when the Socialists and then stronger Communists joined forces under candidate Mitterrand to defeat mainstream President Giscard in 1981 under the banner of the Common Program – an experiment that did not work out very well, not even for the French economy, and collapsed two years into Mitterrand’s mandate.     

Before I start, and as some of you may know, I should stress that I grew up in a Gaullist family. In my early twenties, I was part in 1981-1982 of the then young Sarkozy-led national youth leadership team of the RPR (Rassemblement pour la République or National Gathering for the Republic, founded by Jacques Chirac and the then Gaullist party of the day) as Socialist François Mitterrand took over France. My French political involvement stopped then as I opted for an “American Dream”-fueled personal reengineering and spent 35 of the last 40 years outside France, unwittingly becoming an admittedly easy poster child for the hot topic of “immigration.” Since 2017 and his first run at the French presidency I have supported Macron as reflecting the political center or a better balanced, non-extremist approach to politics.  To some critics, Macron embodies a certain French elitism, which I always found should ideally reflect a journey leading the most able individuals to lead a country like France. While I liked the man and never found him that “arrogant” as I often heard – as if a President of the French Republic had to be low key and humble not to irritate the sensitive ones – he certainly made the mistake, not to dissolve the National Assembly, but to forget that political parties, like his own, do still matter. He never really built “En Marche” (Going Forward) and then Renaissance (Renew) as they should have been, leading to a much lower presence and impact in the domestic political scene as if only the Elysée presidential leadership mattered, this possibly reinforcing the arrogant image we know. In other words, Macron, while an effective and sound leader for our challenging times, behaved like a de Gaulle while not really having saved France like “le grand Charles”.  To be fair, his tactical approach in the 2017 presidential elections had been to sell “himself” while marginalizing if not destroying both the erstwhile “parties of government” which were the Socialist and Gaullist parties (the latter by then Les Républicains). He succeeded in marginalizing both politically moderate parties which gave rise to the extremes with the NR and the far-left France Insoumise (Unbowed France) led by former Trotskyist Mélanchon, the latter which is today the core force of the NFP. Some of Les Républicains MPs (including Eric Ciotti, their quite radical, Nice-based, President) joined forces post-European elections with the NR out of sheer existential need, even if losing their political souls and roots – de facto imploding their party. If anything, Macron unwittingly created the electoral rise of the extremes even if he likely never saw the emergence of the incoherent NFP that hurt his bet for centrist Renaissance (or Ensemble, another new name for the elections) to defeat the RN like in 2022, via a republican coalition as the sole option to do so.    

This snap election put the RN in a stronger position in French politics even if it did not secure a relative or absolute majority as many would have clearly expected. It is thus worth understanding how and why such an extremist party was ever on the verge of power in France. There is no doubt that Marine Le Pen, daughter of the true founder of the RN (then Front National before the name was changed in 2018), worked hard over the last decade to make her party less extreme, even if still with a far-right flavor, making it more appealing to a wider electorate. When the original party was founded, it was clearly focused on the arrival of North African workers in the 1970s (mostly Algerians post-1962 independence from France), providing a taint of racism to the program of the then Front National. We are now fifty years later. The changes led by Marine Le Pen to make the party more widely acceptable (even if national identity remains a key RN facet) did not make her party and key members any more competent to manage a country like France but the RN still stuck to a focus on securing votes rather than being a party of government. As for the left wing NFP coalition that was agreed within four days, it put together parties at times with little in common: Socialists, Communists, Ecologists and Far-Left, making for an unlikely government should they ever win an absolute majority in the legislative elections, even always a highly challenging possibility. It is clear, however, that the sudden electoral rise of the RN gave the opportunity for all the disparate left and far-left parties to get together, even if they could never work together, to show a fictitious gathering solely aimed at beating the far-right based on “very broad” republican values and principles but not on policies, especially of the economic kind.       

What we saw in a key election with a very high participation (66.7% and 67.1% in the first and second rounds respectively) was the electoral rise of two largely government-incompetent, if not disparate for the NFP, political groups. The NFP, created opportunistically by leaders with irreconcilable differences, making endless promises to many voters wanting less taxes for themselves and more for the wealthy, more state subsidies, public sector wage increases, an abandonment of the retirement age reform, pension increases or the return of the wealth tax.  Given its absence of serious consideration for its funding and the economic damage to follow, this opportunistic and vote-grabbing program led the French investment and business communities to almost prefer the RN, which they assumed would be more reasonable or indeed manageable should they ever win. Before the first round, polls (later confirmed) unexpectedly showed the NFP with results below those of its constituent parts during the European election, this reflecting its clear lack of internal coherence and reduced overall support. It was very hard, if not impossible, to see such an opportunistic coalition leading to any stable form of government, even if a wall against the hard-right extremism of the day – eventually a winning wall but with its centrist partners.  As for the RN, which led in the polls, the economic program seemed very vague, besides less funding for the EU (though staying in it and keeping the Euro unlike in the past), even if naturally vote-grabbing, its main focus being immigration and linked security, all flavored with an anti-“remote Paris elite” message. The RN made sure to stress policies like forbidding dual nationals in sensitive top public service and government jobs, like in the defense sector (even if some RN officials also mentioned a past French-Moroccan Minister of the Education as a case in point). Another key RN mantra was to restore “order” in society, hence the uniform in schools and addressing teachers with the formal “vous” – proposals which incidentally might appeal to quite a few non-RN voters.

Most neutral observers (if ever possible) focused on economic impact that would see the NFP triggering a capital flight while the RN would create a debt crisis that would not help France’s already high public deficit. Having a prime minister like Jordan Bardella, aged 28 with only a high school degree (even if with the highest marks) – not a fact often stressed as being sensitive – and zero “real” job experience apart from his political engagement at an early age, would be a drastic change for a country that was “managed” since 1945 by very educated (usually highly selective ENA graduates) and experienced individuals on all sides of the mainstream political spectrum. Such a clear and unusual leadership move naturally fit the anti-elite focus of the RN and some of its supporters. Bardella’s surprising statement a few days before the first round, that he would only go to Matignon (the Prime Minister’s office) if the RN obtained an absolute majority, made some wonder about the actual meaning of such a statement as if he might have felt, deep down, that he was unsurprisingly not equipped for the job – indeed a simple reality fact. Focusing on him, it is interesting to see the Taylor Swift impact – without, so far, the amnesia effect we now know happens at or after her concerts – that Bardella (and indeed the “Bardella mania”) can have among young voters who see themselves in him, especially if coming from poor backgrounds and likely without many degrees at hand. This picture would change slightly if looking more closely at Bardella‘s father, amusingly of Franco-Algerian descent, who was a successful entrepreneur while his son went to private Catholic schools, something the RN does not much mention, preferring the tough Seine-Saint Denis suburbs, high rise building, and Italian-emigrated single mother story on offer. With all due respect, Bardella, admittedly very engaging and well-dressed, may be the most recent and successful political case of primarily focusing on grabbing votes regardless of what comes after if winning – including policy implementation and sheer abilities. Such a tactical or indeed marketing approach is not a surprise if studying the challenging struggles of Le Pen’s party to convince voters over decades. The RN found the correct winning and even refreshing “medium” for our times so kudos are rightly deserved in terms of political acumen, this even if not fully winning today.            

It is of course easy for some of us, also given our levels of education and careers, to not understand why some people would back extremist politicians who have no government experience and only offer simple solutions to complex issues in order to get votes. The far-right parties, and their politicians, are usually not government-focused as their aim was always to increase their forever minority electoral stake over the past many decades. I grew up in the 14th arrondissement of Paris where Jean-Marie Le Pen launched his first and forever losing legislative candidature in 1972. Over the years, I would have never thought Marine Le Pen could reach the second round of the presidential election in 2017 and 2022 and be on the verge of Matignon, via Bardella, in 2024. Marine le Pen, while clearly the daughter of her father (she sure can thank him for where she is today, even if she tactically expelled him from the party in 2015 as part of her reengineering drive), eventually saw that the best route to increase her party’s popularity was to make it more acceptable, less autocratic in its program and clearly distant of its fatherly roots. She certainly succeeded, even if the tools are still much election-focused like the selection of a very young and naturally untested Bardella to appeal to new, social media-inspired, generations, who incidentally do not share the memories of WW2 and her father’s party and want a “quick change” to their own fortunes, all the more if many of them have not followed traditional higher educational paths, which they may feel should matter less in these new times.

One has to be fair, as the RN voters and supporters are by and large not “neo-Nazis” or even far-right extremists as we defined it (some historically and ideologically are of course). Many are primarily upset by the immigration slide they felt in their country for decades and the gradual lack of national identity, while a French approach to Woke takes place and the “small ethnic white” is no longer associated with the homeland, also due to globalization, in spite of its history and what was France. Immigration and national identity are the key natural drivers of RN supporters (along with associated security), which are deemed more important and easier to understand than sheer economic matters, even if the RN is still weak in its proposals on this latter key front that could hurt the country very seriously. Contrary to what James Carville famously said in the US elections of 1992, this time “it’s the economy, stupid” does not apply even if it should. Cost of living anxiety is naturally always a French electoral issue as if reflecting the perennial French state of unhappiness about their own social conditions. The RN supporters, however, deeply feel more that “it is about who we are”. Immigration is another name for national identity which is cautiously handled as it can be taken as racism in this context if too carelessly used. It is a very challenging approach, all the more as we know that this national identity drive is directed against core Islamists but also French Muslim nationals (and to some extent, though not as much, black Africans even if the composition of the French football team has had a healthy impact on this sad angle). Many of these immigrants came to France generations ago in the 1970s as France needed to build its roads and bridges, then leading President Giscard to set up the ‘family gathering” program to make it more livable for them. This strategic move led to the development of large non-ethnic French populations usually living in the suburbs of Paris and Lyons if not “taking over” cities like Marseilles in the south of France, closer to Algeria. Today the Muslim population of France (citizens and non-citizens) is the largest one in Europe (some would add akin to its Jewish population, but on a different scale). A side issue has also been the much higher birth rate among these new French at a time when the natives’ own went markedly down over past decades, creating a real issue in France even if following a European if not Western trend. It is clear that the French colonial history explains the strong Arab component of the French population (again, many of them fully-fledged citizens) in many suburbs of these large cities and that integration could never be smooth – even if with hindsight more government focus should have been applied. And then ghettoization clearly took place as the native French did not want “mixity”, this helped by the limited financial resources of these legal immigrants and their families who could not afford key city centers (all these issues often gradually creating “zones of non-law” in the banlieues where the police often do not even enter these days, even if the vast majority of French nationals of Arab and African origin residing in these parts are law-abiding citizens). One of the RN boosters may have been the memories of the suburban riots of the late summer 2023 where thefts and destruction were focused on the very areas where the non-native local population or at times its third French-born generation lived (average age of the culprits: 17 showing the urgent policy needs to deal with the issues at hand). Politically, it is also interesting to see that many of these new French today vote for the far-left France Insoumise party (when not also activists), which is also the leading member of the NFP making it more understanding on immigration issues – and de facto one of its weak points (with higher taxation) for many voters who wonder who they should support today. One of the appealing features of the RN program to its voters is to prevent children born in France from foreign parents from securing the citizenship (a standard practice in the US even today), a feature also linked to the much higher birth rate among non-natives. It should be stressed that, unlike in the US, illegal immigration is not the key issue (even if RN voters would disagree), France not having a serious border or “wall” problem like in the US and not dealing with “unwanted boats” like in Southern Italy. Unlike for Germany, France did not deal with a massive influx of refugees from Syria in the mid-2010s, which Chancellor Merkel largely welcomed out of key needs for workers to develop the German economy (similarly Ukraine did not provide a strong influx of refugees of the type seen in Poland). Liberal democratic and “centrist” governments, especially in Europe, have been notoriously weak in tackling issues like immigration, especially from Africa, so as to ensure that an always challenging integration was well-managed and indeed lived well by their native nationals, usually fearing being too easily accused of sheer racism – and they are paying the price after 50 years of benign neglect. To be fair, many RN voters do not live in the “non-French” suburbs they decry nor do they suffer directly from any aspects of what is an unsuccessful integration, but they see the news (social media not helping either) while the RN exploits them, working efficiently on their desire for “change” in many areas to steer voters away from traditional political parties that ruled France for decades. And it is fair to also realize, quite aside from the hot immigration issue, that a lot of rural French areas feel lost and disenfranchised today, this driving some local voters against a historically centralized France and global Paris elite at a time when large cities keep growing. Change at all levels is therefore the key driver for many French voters, however desperate and gambling in nature it may be. Change was also the more understanding driver in the last British elections after 14 years of Tory “leadership” and a chaotic Brexit experience. Change is also found as a top driver for voters even if governments have an acceptable track record as seen across Western democracies and a cause for concern for Joe Biden when facing an erratic and populist Trump in November, all the more adding to his age and debating performance issues.            

It is a fact that younger generations of voters – many of whom support the RN – do not experience the repulsion felt by older voters regarding the name of Le Pen and its family past (the largest age group of non-RN voters is the 70+ year one, likely as memories of WW2 and Jean-Marie Le Pen stuck more easily). Newer generations comprising young voters do not share the same memories, direct or indirect, of WW2 and its aftermath. It is also fair to say that many RN candidates and now Députés are young, many of them women, very presentable, nice and engaging as seen in the various French TV interviews during the election. In a positive drive, even if politically-motivated, RN elected officials have also been known to bring back old school local politics by getting closer to their residents like in Hénin-Beaumont or Perpignan that were the first large cities to go the RN way. In many ways they provide a clear image break with the historical hard far-right personalities known to an older public but also those seen in recent years. To be fair and true to tradition, a few RN candidates were also unexpectedly found to be legally ineligible, not wanting to debate their opponents, having posted racist and homophobic comments on social media while one lady candidate having to withdraw due to an old Facebook photo of her wearing a Nazi officer cap or another one, nevertheless finishing first, not having been seen on official electoral posters if that were ever possible – this also showing a real internal vetting weakness even if preparation time was scarce. The main problem with RN supporters is that they forget or do not want to see that RN leaders (or even local candidates) are not skilled or experienced to govern and usually poorly trained to deal with the intricacies of economic issues and the implications of politically-motivated policies. It was no surprise to see Bardella, clearly focused on the RN’s economic program pre-first round, to manage the concerns of many, showing reasonableness – read readiness to forget some drastic proposals – flavored with reassuringly old-style political messaging. It is also a fact nobody dwells upon the fact that the French, compared with other nations, are by and large not known to be experts on how the economy works – or not. It is even possible that the simple and easy “the rich will pay” also speaks to the nation’s colorful and engaging Bastille Day roots (even if the RN is not as economically radical voter-focused as the far left given its historical constituency and main natural focus). On the fun side, polls showed one week before the first round that a majority of voters (assumingly RN ones) trusted Marine Le Pen most on the economy – “trust” being the right word as there is no evidence of her knowledge in that field. Time will tell but it was clear that the RN leadership was already backtracking on much of their bold economic program, which today is vastly unfunded, this even if RN voters do not mind and are ready to see what happens, truly hoping for the best and indeed wanting “change”, however still drastic after seven years of Macronism and indeed decades of traditional parties in power. One strange, but expected feature as it is quite French in nature, was the total lack of interest on the part of RN voters in foreign policy issues at a time when geopolitics are back on the front scene of all governments with clear impacts on daily lives of citizens, Ukraine being a case in point. The prospect of WW3 and how to manage or avoid it in a productive way for France and Europe was not a top issue at all, also maybe as the war in Ukraine has been around for quite a long time by now. On the reassuring side and constitutionally, it should be stressed that French foreign and defense policies would still be the remit of the President in the extreme case of a “cohabitation” even if Marine Le Pen would disagree on the latter and budgetary features would be overseen by the government.   

On a side key note, and while foreign policy was not a core electoral issue, it is clear that the massive “October 7” Hamas terrorist attack on Israel deepened an RN “detoxification” effort witnessed over the last decade. Marine Le Pen, while breaking with her father’s party roots, decided to focus on Islamism as the enemy while stressing that her party was not anti-Semitic and now indeed a strong supporter of Israel. This gradual shift led many Jewish voters, including leading personalities, like the renowned 88-year old Nazi hunter Serge Klarsfeld, to declare, to the surprise of many, their support for the RN in these elections. Today nearly 20% of French Jewish voters would vote for the RN, this reinforced by the far-left France Insoumise’s pro-Palestinian positions and keffiyeh-wearing members seen at many protest marches. These reinforced RN changes are also happening as a form of Gaza war anti-Semitism has been on the rise in some quarters in France, home to the largest Jewish population in Europe, this more likely creating confrontations of various types allowing the RN to focus on anti-Islamism (Israeli officials even congratulated the RN for their now very official stance). On a not unexpected note, the renunciation of an always unofficial party anti-Semitism by Marine Le Pen might not have been followed by the core grassroots who still find issues with both local Jewish and Muslim Arab communities, a feature that must make her 96-year old father, convicted for anti-Semitic remarks and hate speech, smile and the topic of family discussions, assuming father and daughter are still on speaking terms (in terms of hate speech, French readers may remember the awful “Monsieur Durafour-crématoire” play on words referring to Nazi concentration camp ovens when addressing a government minister in 1988).                 

The second and final electoral round involved tactical policies of withdrawals agreed between the so-called “republican” parties or indeed election groupings (mainly NFP and Ensemble, Macron’s election grouping) to beat the RN candidate. This approach was at times not uniform as while all NFP candidates, including far-left ones, would step down if having come in the third position in the first round, some Ensemble candidates decided not to withdraw to assist a far-left candidate even part of the NFP, as deemed un-republican, even to beat the RN. And Les Républicains, keeping to their unusual approach, decided not to back officially any other party candidate (de facto meaning not supporting a competing far-left candidate against RN so not following the proposed anti-RN “Republican pact” for the final round but also eventually having their own voters casting their ballots for the RN candidate against the NFP – if indeed wanted by them on a case by case basis). As the second round unfolded, we saw the RN surprisingly missing its expected target while the NFP coalition was securing a relative majority in Parliament, albeit a very small one. It is clearly a major shock and a serious management challenge for the RN as everybody, including them, believed they would finish first (and not third), even if they naturally stress how happy they are about their real but small progress in terms of députés. The Macron group, while finishing second in the election, is still the first “real” or certainly coherent parliamentary group in the National Assembly given the coalition nature of the left to far-left NFP that comprised four major parties and smaller gatherings for these elections. As no party secured an absolute majority of 289 seats, none will not be able to automatically govern France directly for the duration of Macron’s term until 2027 in what is known in French political folklore as “cohabitation”, like the Mitterrand-Chirac duet in 1986 between the President and the winning opposition.  

Things are now unfolding as to how France will be governed, the only certainty being that the country will not enjoy a stable or clear path with a fractured National Assembly providing no clear government, at least as of today. It is possible that a RN-inspired government, would have been far more moderate than many rightly feared, while following the current and previously unexpected Georgia Meloni model in Italy. While Marine Le Pen had started toning down some of RN’s economic proposals before the first voting round, Bardella clearly stated that a RN government would not change French foreign policy directions, including in relation to Ukraine (this in spite of past pro-Russian feelings among the RN leadership and its financing history as seen during the 2017 presidential election). The economic impact of the RN in sole power would have been very strong in terms of public deficits, which are a key French issue these days, also for the EU, even under the deficit-spending Macron leadership. The likely path following a relative majority, whatever its eventual nature, now results from a “hung parliament” (one might wish if being caustic) leading to a caretaker-likely technocratic kind of government à la Mario Draghi, but highly constrained in what it can achieve (without the very Gaullist censure motion known as “Article 49.3” allowing the circumvention of the National Assembly) by the sheer weight of the RN at the legislative Palais Bourbon.      

Assuming that France is not going to be totally frozen in its governance, it is clear that Macron will need to work with a coalition, whether it is a wanted one or not. It is unlikely, if not impossible, that Macron and the incoherent NFP could work together, whatever the latter’s results even if still implying a very small relative majority in a fractured parliament – given its far-left component even if its other more moderate parts still might be open to it. It is clearly unlikely that all members of NFP could work together as the NFP of today in any government. It would also be more possible that a partnership between Macron with the Socialists, Ecologists and some non-RN Républicains could work out. Looking at potential scenarios pre-final election results, a governance driven by some sort of “understanding” with a practical RN could have been an option, had they secured a relative majority – though a distant one if something better for Macron could have been achieved – even if many on both sides would not have been be very happy about this outcome. As mentioned by French political scientists, the competence factor, which is a key issue for the RN, could have been dealt with thanks to experienced “opportunists” (maybe from the center right Les Républicains for those now working with Le Pen) self-servingly interested in an unexpected comeback and top ministerial front roles to rationalize the moderation of the RN and save the day in terms of government and policy management. This most-needed input would have gone with a reversal from the RN (as already seen, pragmatism being naturally their key driver electorally) on the most controversial economic policies formerly on offer like the retirement age reform, while funding would be a major driver in what stays from their program, all the more given the existing public deficit. This dual practical shift and arrangement would have to be managed without losing the RN’s soul and most importantly its voting base so it is very likely that immigration and security policies would have stayed and would have had to be adopted by the new government under the three remaining years of the Macron presidency. One unknown factor given France’s well-known experienced and highly trained top civil servants, traditionally an apolitical corps, is whether they would have been amenable to working alongside such an unusual scheme with and for, even if indirectly, a far-right populist parliamentary leadership with little credibility in terms of sound government experience.          

Time will tell, but Europe and the world need a stable French government, all the more as we go more deeply into the third year of the war in Ukraine while the electorally ignored geopolitical issues and key relation with the EU (that also looks at the high French public deficit) will strongly come back to the fore sooner rather than later. In addition to the likely economic backlash of an RN (or NFP) economic program, if ever fully implemented, would have been the damages done in terms of potential reductions of net EU funding or Brussels’ reactions to excessive Single Market rule-breaking subsidies to French agriculture and businesses. Such bold French moves could also have led to similar stances from member states where the far-right is also increasingly active and ultimately the weakening of the EU. Another RN-led immigration-related management issue would have been the possible infringements of the European Convention on Human Rights. Such French electoral developments could have also possibly created a crisis of the Euro given the large size of the French economy together with highly negative French stock exchange reactions as seen in a telling post-first round preview. And it is not clear, in spite of reassuring words from the RN, whether one of the indirect winners of these elections would not have sat in Moscow. While his civil war comments may have been overstated, there is no doubt that Macron was counting on the next three years to show the French, in a worst-case scenario, how unequipped an RN-led or -inspired government would have been, leading to a defeat of Le Pen in the 2027 presidential election (and twenty years or more back in opposition). Although we should also realize that one historically key problem with far-right parties and leaders is that when they win elections – even if not really the case constitutionally in a potential best RN case scenario – it is often the last time you have one. Assuming new legislative elections were still on the cards as a way to provide France with a more coherent leadership, the earliest one that could be called constitutionally by the President, would be in late June 2025 after twelve months of potential democratic chaos. Obviously, and while it may take some time to get to a sound governmental way forward, we should all hope for historical homegrown Cartesian Reason to prevail – the sooner, the better. 

On a final note, it is useful to note that “vote-grabbing via easy solutions to solve complex issues” (admittedly one of my blog tenets since 2018) as offered by far-right populists is a current trend in our democratic world globally. While these “solutions” would often fail, also as government and management competence are not key features of populists, they reflect two things: i) the need for “change” and trying what was not tried before, even if at times unfounded and out of despair or exasperation and ii) the fact that governing in a democratic context is challenging today as voters want quick results, and are tired of what they see happening or actually not with traditional governments, at times for good reasons. Lastly, it is indeed possible that Macron’s early worst-case scenario feeling, that three years of the RN at or nearly at the top of France would flesh out its shortcomings, is right but it is also risky. As stated but it needs stressing, governing democracies is very challenging today and often electorally loss-making as we see everywhere hence why autocrats (also in essence), once in power, do away with (real) elections and indeed democracy. Having said that, even an illiberal Iran surprised us in the right way with its latest election results. Time will tell for France as the plot is unfolding so let’s keep hoping – and working – for the best.  It certainly could have been worse for France as most polls consistently showed, making pollsters the real unexpected losers of this snap French election.

Warmest regards,

Serge