Tuesday, October 2, 2012
Can the Center Hold?
Bernard Girard considers Gérard Grunberg's thesis that France's future relations with Europe depends on compromise between the center-right and center-left, since both the left and the right are now irrevocably fractured over the question of further European integration. I have been saying this for some time, and Hollande's reversal on the TSCG, which he now makes the sine qua non of sound economic policy after having opposed it during his campaign, seems to me proof that such an "historic compromise" has already been effected in fact if not in theory. The problem is that I am not at all sure that it is a compromise that enjoys majority support, and what support it does enjoy is likely to diminish over the months ahead, as the consequences of austerity become increasingly apparent. This is an alarming state of affairs.