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Emmanuel Macron Has Boosted France’s Corporate Welfare State

Summary by Jacobin
The French economy is underperforming. Over the last twenty years, its level of growth has been consistently below the EU average. In cumulative terms, the EU grew by 27 percent between 2005 and 2024, whereas France stood at 23 percent. Only Greece, Italy, Portugal, and Finland fared worse.These figures stand in sharp contrast with the expectations raised by the election of Emmanuel Macron in 2017. The Economist marked this event by claiming tha…

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  • 100% of the sources lean Left
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Jacobin broke the news on Monday, June 1, 2026.
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