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Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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If you are in central London and want to see some wonderful art, I can recommend this. The ticket prices are a bit steep and the collection is not quite as big as some, but definitely worth it. It makes me want to get across the Channel and sip wine in a nice restaurant in Normandy or Brittany.
There is something strange about contemplating a peaceful scene on a Normandy beach, painted in say, 1870, to realise that 74 years later, the place was swarming with Allied troops slugging it out with the German Army, or what was left of it.
Well, that appears to be the reaction so far of wealthy French ex-pats who have turned away from the land of Moliere and fine wine for other climes in order to flee the French taxman. New president Nicolas Sarkozy has promised to cut, or at least change, some of the more crushing taxes on wealthy people to lure them back to France. If he wants to revive the French economy, this has to make sense. An even more obvious policy would be a dramatic tax cut across the board, in a flat tax fashion, with the overall burden sharply reduced. (Waiting for hell to freeze over? Ed).
The effects of French hostility to the rich, or least les nouveaux riches, is pretty obvious here in Britain. The areas around Chelsea, South Kensington and Knightsbridge are full of young French people who work in the capital, such as in the Canary Wharf financial district. A number of big banks, with their fancy derivatives trading platforms, operate out of London and French education still churns out the sort of highly qualified maths graduates who work in sectors like hedge funds and futures markets. I don’t know the exact figures – who does? – but I have read that upwards of around 350,000 French people live in London today.
I remember a while back that the French model and occasional actress, Laetitia Casta, left France after shortly having been chosen as the model for the French revolutionary heroine, Marianne. She apparently quit the nation for tax reasons, although she also denied that as her reason, according to the Wikipedia entry linked to here.
Of course, there is no excuse whatever for Brits to guffaw about this. Lots of Britons quit these shores every year for nations like Canada and New Zealand, where the taxes are are sometimes lower and the opportunities for raising a family etc appear more easy. As one senior lawyer told me this morning, the best advice to any rich person these days is to try and head for Switzerland. Britain may be, temporarily, a haven for some City pros like the private equity bosses, but for how long?
Via Reason magazine’s Hit & Run blog, here is this rather amusing item about how French motorists with clean driving licences sell their speeding points online for a fee to drivers who are in danger of using up all their points and then getting banned. Yes, yes, I can see the usual Dudley Do-Rights out there bleating that this is all terribly naughty, a sign of decadence, blah, but in fact what this demonstrates, in a slightly naughty French way, is how if you oppress people enough with laws and taxes over a period of time, it breeds such disregard for the law that even laws that have sense – and driving very fast can be bloody dangerous – get spurned. (It appears the French are smarter at getting around certain rules – look at what happened to former Spurs, Manchester United and England player Teddy Sheringham for allegedly trying to pull the same speeding-point move).
I have driven a few times along France’s magnificent, sweeping autoroutes, and am occasionally reminded that France invented Formula 1 motor racing. Maybe there’s plenty of life left in Gaul yet. If only they could do capitalism in a slightly more routine way.
Talking of such alternative markets, here is an old article about the market in air miles.
President Sarkozy has made an immediate impact as French President:
President Sarkozy has fallen foul of intellectuals and critics who see his passion for jogging as un-French, right-wing and even a ploy to brainwash his citizens.
Adding weight to the ‘jogging as a right-wing activity’ meme is the support he has received from Boris Johnson. I fear that going for a run is not my style. A gentle perambulation is as much as I can be persuaded to do these days.
I have travelled to a lot of cities in the world in my relatively short life (Paris, San Francisco, New York, Cologne, Geneva, Milan, Edinburgh, Barcelona, Vienna……) and there are quite a few more that I want to knock off the list before I step off this mortal coil. Well, this week, I did just that and spent a wonderful day ambling around the old southern French town of Montpellier. The city is a university town with a strong commercial base, oodles of history and some of the swankiest French urban architecture outside of Paris. Access to the city from Britain is easy: a one-and-a-half-hour flight from Gatwick.
I know that there is a lot to gripe about with France: the taxes, red tape and as we know, considerable problems with a large and angry underclass, made worse by a lack of assimilation of its Islamic population. However, from my point of view, if newly-elected Nicolas Sarkozy manages to cut taxes somewhat and reverse some of the daftest labour market restrictions, then any advantage to living in Britain rather than France will look increasingly slender. (I see no sign that Britain’s petty brand of health and safety puritanism has completely taken hold). I am not the first person to make that observation, of course.
Mind you, the beer is alarmingly expensive, but you can buy wine for a Euro a litre – and it tastes good. Emigration never felt so compelling.
I have no idea what it tastes like, but what a name. I am in the village where they make the stuff.
This startling story from France even made yours truly, who has become a jaundiced observer of French political life, sit up and take notice. Apparently, a bunch of people styling themselves as protectors of the Gallic wine industry have issued an ultimatum to new French President, Nicolas Sarkozy, that unless those evil cheap imports from countries such as Australia (the horreur!), New Zealand (Rainbow Warrior, anyone?), South Africa (enough said), America (the Great Satan) and other places are stopped, then supermarkets, offices and other places will be dynamited.
Suppose that people in such venues get killed. I think that such a terrible outcome might begin to get across to the politically and economically uncommitted the true nature of the thuggery that sometimes accompanies protectionism and any form of coercive interference with voluntary economic exchange. Ultimately, such folk believe that you, the consumer, or worker, or entrepreneur, are beholden to buy, produce or sell not on the basis of freely consenting exchanges with your fellows, but on account of some state of affairs that the protectionists deem right and proper. In this case, the wine industry of France, or at least the mass-produced bit of it, is under threat from the cheaper stuff from other parts of the world. (I think it is safe to assume that the producers of Latour or Lafite are unlikely to be worried). I am actually off to Southwestern France in early June for two weeks’ much-needed holiday and the Languedoc region is one of the places where these thugs hail from, apparently. I tend to notice that whenever I visit France, which is quite often, it is hard to see non-French wine in the shops. So if these thugs are getting upset at the arrival of a relatively small amount of foreign imports, they would go totally batshit if they saw the mixed wine-racks in Sainsbury’s or Tesco’s in a standard English town.
Sarkozy’s time in office is unlikely to be a quiet one.
Reading Financial Times this morning, I came across an interview with Sarkozy during his election campaign, the FT’s sister paper, Les Echos. This extract says it all.
Sarkozy: … I want to raise clearly in this campaign the issue of morality in financial globalisation. We didn’t create the euro for it to result in capitalism without ethics or scruples. I am extremely troubled by speculative movements. Who can accept that a hedge fund buys a company with borrowings, makes a quarter of the staff redundant to repay the loans, and sells the business piecemeal? Not me. In that economy, there is no wealth creation. The capitalist ethic, is that he who creates wealth earns money, and he who creates lots of wealth earns lots of money. That’s normal. On the other hand, speculation isn’t normal. Capitalism won’t survive without respecting a minimum of ethical rules. The eurozone should be at the forefront of this thinking.
Les Echos: Do we need coercive measures?
Sarkozy: If I am elected president of the Republic, I will ask the finance minister to propose, at the European level, a measure to reinforce the morality and security of financial capitalism. In this respect, taxation of speculative movements seems to me an interesting idea if it were introduced at a European level. I want to make France a country which rewards wealth creation, but which also knows how to strike predators.
France has elected Sarkozy and I must say I am curious to see what happens next.
In the short term, will the anticipated riots in the banlieue happen? In the long term, will Sarko be France’s Thatcher and solve the serious structural problems created by decades of intrusive statism? Or will he be a disastrous Ted Heath, rearranging the deck chairs on the Titanic with no real understanding why things are so bad? Does he even have the perspectives needed to change the right things and move France in as more market/liberty oriented direction? And even if he does, will the System simply defeat any attempt to change it? I am dubious to say the least about the willingness of French society to break its addiction to other people’s money but we will see.
What do you think? 
Nicolas Sarkozy or Segolene Royal?
I have a confession to make. I love the French TGV train that recently set an speed record of more than 350mph – that is quicker than some of the fighter aircraft of World War 2. It is a brilliant, sleek example of engineering and no wonder the French are proud of it. French civil engineering is in fact world-class, a fact that Frog-bashers would do well to remember. The French also played a part in that other magnificently quick and elegant beast – Concorde.
I read an interesting article on the TGV business in the UK weekly, The Spectator, last week, by Neil Collins (subscription-only). In this week’s Speccie, old-style socialist Neil Clark (defender of Milosovic, to his eternal shame) pops up in the letter’s page of the print edition to poke fun at privatised railways, arguing that the TGV example proves how splendid nationalisation is. It is a superficially appealing argument, but wrong on a number of grounds.
First of all, the TGV train has most of its fixed costs paid for by the state, ie, the French taxpayer. Taxes in France are high, some of the highest in the western world. It is all very well for Collins or Clark to wax lyrical about the ability of Monsieur and Madame to travel from Paris to Marseilles for under 20 euros, but that rather ignores the heavy tax bill that the benighted citoyens of France pay to keep this ultra-quick train system operating. When anyone talks about the ‘profits’ that the TGV might make, it is an abuse of economic language, since the initial investment into the railway was not an ‘investment’ in the sense that anyone spending their own money of their free will would understand it. And France, a less densely populated nation that Britain with a rather less respectful attitude towards property rights, can more easily punch straight railway lines across the land regardless of the objections of anyone who stands in the way. These are costs that lie on the debit side of the ledger.
The truth is, that many big state projects are often awe inspiring and people will therefore conclude that we should model the rest of our activity on that. When emergency planning methods were used to make war machines during WW2, socialists and others imagined that we should turn to such ‘rational’ methods in times of peace. How naive they now appear, but no more naive than those folk like Al Gore who claim that the State should take the credit for the internet, for example, as if such things as Google, YouTube or this blog would ever occur to a civil servant. In fact, just imagine how crap the internet would be if it was run by a state monopoly, like British Rail in the 1960s and 70s.
UK rail privatisation is often held up as an example of the supposed limits of ‘free market fundamentalism’, but given the botched way in which railways were sold off, the constant interference with the railways in the early years of Labour, it is a nonsense to claim that only state monopolies can run rail networks.
I seldom encounter much in the way of verbal discussion attached to Flickr photos, because the kind of Flickr photos I usually look at are things like pictures of footbridges, concerning which there is really not a lot to be said, given how many such snaps abound on Flickr. But this snap (catchily entitled “DSC07222.JPG”) is different because it is a photo of a rather violent political demo in France. This was taken by an accredited photographer, who had his card examined by the Police but who was then permitted to keep his snap. But, says one of the commenters:
i got all the photos and videos i took yesterday on my camphone deleted by a policeman who told me he would arrest if he ever saw me doing again. I don’t know if he had the right to erase the photos, i should see about that.
Presumably not. My thanks and congratulations to Norwegian media blogger Kristine Lowe for the link to that, and for spotting the above comment. Kristine blogged earlier about the new French law.
If all French bloggers, podcasters, vodcasters, and even those snapping a picture with their mobile phone camera and sending it to a relative, could be put on trial or fined for publishing footage from the frontlines. How bizarre, troubling, surreal. …
Indeed. This is a huge issue. I was in Parliament Square not long ago and observed some hairy anti-war person being shoved into a Police van. The entire scene was surrounded by other demonstrators holding video cameras. They were subjecting to the Police themselves to surveillance, guarding the guardians you might say. I do not ever want that to be illegal in Britain, but in France, it would appear that it already is.
Expect a thriving market in fake “accredited photographer” cards. And expect things in France to get even more interesting, when, as they soon will, digital cameras become so small that it will be impossible for the Police or anybody else to spot them being used. In fact, expect things everywhere to get more interesting.
Meanwhile, I have been chronicling that brief moment when digital cameras are (were) quite small, but still visible in action.
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We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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