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Le changement? : French socialism, the 2012 presidential election and the politics of economic credibility amidst the Eurozone crisis

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Clift, Ben. (2012) Le changement? : French socialism, the 2012 presidential election and the politics of economic credibility amidst the Eurozone crisis. Parliamentary Affairs , Vol.66 (No.1). pp. 106-123. ISSN 1460-2482

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Abstract

This article analyses Hollande’s Presidential Election Campaign and Victory of 2012, placing it in the historical, organisational and ideological context of French Socialism and the French Party system. It argues that an effective campaign, an unpopular adversary, and a French party system context unusually conducive to pooling the Left’s electoral resources akin to 1981 all aided Hollande’s cause. Despite limited ideological renewal, Hollande’s internal Party coalition promised a scaled up reformism in the areas of finance, redistributive taxation, and ambitious ‘reindustrialisation’ policies. However, the Eurozone crisis and degraded French public finances will hinder prospects for such growth-oriented political economic change.

Item Type: Journal Article
Subjects: J Political Science > JN Political institutions (Europe)
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): France. President -- Elections, 2012, France. President (2012- : Hollande), Socialism -- France, France -- Politics and government -- 2012-, France -- Economic policy
Journal or Publication Title: Parliamentary Affairs
Publisher: Oxford University Press
ISSN: 1460-2482
Date: October 2012
Volume: Vol.66
Number: No.1
Page Range: pp. 106-123
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
References: Bell, D. and Criddle, B. (1988) The French Socialist Party. Oxford; Clarendon. Bell, D. and Criddle, B. (1994) ‘The French Socialist Party: Presidentialised Factionalism’ in Bell, D. and Shaw, E. (eds), Conflict and Cohesion in Western European Social Democratic Parties, London: Pinter: 112–32. Bergounioux, A. and Grunberg, G. (1992) Le long remords du pouvoir. Paris: Fayard. Clift, B. (2003) French Socialism in a Global Era: The Political Economy of the New Social Democracy in France. London: Continuum. Clift, B. (2006) ‘The New Political Economy of Dirigisme: French Macroeconomic Policy, Unrepentant Sinning, and the Stability and Growth Pact’, British Journal of Politics and International Relations, 8, 3, 388-409 Clift, B. and Woll, C. (2012). ‘Economic Patriotism: Re-Inventing Control over Open Markets’, Journal of European Public Policy, 19,3, 307–23 European Commission (1993) ‘Growth, Competitiveness, Employment’ White Paper (93) 700, European Commission. Brussels. Available at http://europa.eu/documentation/official-docs/white-papers/pdf/growth_wp_com_93_700_parts_a_b.pdf Gaffney, J. (1990) ‘The Emergence of a Presidentialised Party: the Socialist Party’ in Cole, A. (ed.), French Political Parties in Transition, Aldershot: Dartmouth: 61-90. Hollande, F. (2012) Le Changement C’est Maintenant: Mes 60 Engagements pour la France. Paris: Parti Socialiste. Jospin, L. (1991) L’Invention du possible. Paris: Flammarion. Levy, J. (2000) ‘France: Directing Adjustment?’ in Scharpf, F. and Schmidt, V. (eds), Welfare and Work in the Open Economy: Volume Two, Oxford: Oxford University Press: 307–44. Lightfoot, S. (1997) ‘An Employment Union for Europe?’, Politics 17,2, 109–16 Shonfield, A. (1969) Modern Capitalism: The Changing Balance of Public and Private Power. Oxford: Oxford University Press. Zysman, J. (1983) Government, Markets, Growth: Financial Systems and the Politics of Industrial Change. Ithaca: Cornell University Press.
URI: http://wrap.warwick.ac.uk/id/eprint/50981

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