Confined to bed in Paris for a few days by a case of flu, an economic jeremiad was just what I needed to pick me up. There is nothing quite like lamentation, I have found, to make one feel better in oneself. Tant pis! Nos enfants paieront (Too Bad! Our Children Will Pay), by François Lenglet, was just what I needed. How can one complain about a few minor symptoms such as headache, fever, and cough when the whole world is going to the dogs?
It is one of the theses of this lucid book that the generation of May 1968—or at any rate its leaders—has arranged things pretty well for itself, though disastrously for everyone else. If it has not been outright hypocritical, it has at least been superbly opportunist. First it bought property and accumulated other assets while inflation raged, paying back its debts at a fraction of their original value with depreciated money; then, having got its hands on the assets, it arranged for an economic policy of low inflation except in the value of its own assets. Moreover, it also arranged the best possible conditions for its retirement, in many cases unfunded by investment and paid for by those unfortunate enough to have come after them. They will have to work much longer, and if ever they reach the age of retirement, which might recede before them like a mirage in the desert, it will be under conditions much less generous than those enjoyed by current retirees.
“Sympathy is far from an inexhaustible quality in most people, while irritation is not.”
It matters little whether this was all part of a preconceived plan or things just fell out this way, for that is how things now are. The result is that what was always a class society is in the process of becoming a caste society, in which only children of the already well-off have a hope of owning their own house.
M. Lenglet sees several reasons why the situation is particularly catastrophic in France. There is nothing like having been born, grown up, and lived in a country for seeing its weaknesses. It is the same with close relatives: One perceives in them all the little faults and defects that strangers do not notice, and understands the little barbs in their innocent-sounding statements that strangers miss.
It is certainly true that France, a country that glorifies its own revolution, is peculiarly resistant to change. Such resistance can arise from fear of the new or attachment to the old, or some combination of the two; neither is in itself completely unreasonable, and that man must have lived a very miserable life who has nothing that he hopes will not change or does not wish to preserve. On the other hand, immobility in widespread disgruntlement is dangerous. It is often said that France does not change except by cataclysm, and M. Lenglet says near the end of his book:
France is very near the point of incandescence, which could lead to a kind of civil war in which different interest groups confront one another, completely forgetting the common national interest.
This is precisely what my French brother-in-law says, except that he does not put it in the conditional: The explosion is coming and cannot now be avoided.
France is still, remember, existing in a state of national emergency.