In the beginning of 2023, over a million people took to the streets to fight President Emmanuel Macron’s pension reform bill. This bill, which increased the retirement age to 64, prompted union strikes and rioting all over France. With Macron’s centrist consensus collapsing, Marine Le Pen has fully capitalized on anti-immigrant scapegoating for votes. In response, leftist leaders have joined forces under a coalition called the New Popular Front (NFP), vowing to protect pensions and other social services. The NFP won the most seats in the 2024 legislative elections shortly after the party’s creation. Macron’s refusal to appoint a left-wing prime minister in spite of these results, highlights the desperation of France’s ruling class.
Read MoreWhile the pension’s present structure may have proven effective until now, France’s rapidly declining birth rates and aging population pose a challenge to its stability, as current trends would either necessitate an increase in the pension tax for future workers or decrease the quality of life for upcoming pensioners.
Read More