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Neo-Bonapartism? A parallel between Nicolas Sarkozy and ...

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<strong>Neo</strong>-<strong>Bonapartism</strong>? A <strong>parallel</strong> <strong>between</strong> <strong>Nicolas</strong> <strong>Sarkozy</strong> <strong>and</strong> Napoleon III<br />

Chapter II: An economic policy aiming at modernizing the country via<br />

advocating a neo-mercantilist liberal approach<br />

« L’industrie, cette source de richesse, n'a aujourd'hui ni règle, ni organisation, ni but. C'est<br />

une machine qui fonctionne sans régulateur ; peu lui importe la force motrice qu'elle emploie.<br />

Broyant également dans ses rouages les hommes comme la matière, elle dépeuple les<br />

campagnes, agglomère la population dans des espaces sans air, affaiblit l'esprit comme le<br />

corps, et jette ensuite sur le pavé, qu<strong>and</strong> elle n'en sait plus que faire, les hommes qui ont<br />

sacrifié pour l'enrichir leur force, leur jeunesse, leur existence. Véritable Saturne du travail,<br />

l’industrie dévore ses enfants et ne vit que de leur mort. »<br />

Charles Louis Napoléon Bonaparte, Des Idées Napoléoniennes, 1860.<br />

I. A selectively dirigist state relying on a neo-liberal mercantilist approach<br />

It is undeniable that Napoleon III <strong>and</strong> <strong>Sarkozy</strong> inherited very dissimilar economic<br />

situations while they accessed power. The emperor for instance had to deal with the growing<br />

urbanization <strong>and</strong> the 2 nd industrial revolution’s repercussions on the mid 19 th century France.<br />

Accordingly, he somehow benefited from a relatively prosperous situation, though he h<strong>and</strong>led<br />

a severe monetary crisis in 1857-1858. <strong>Sarkozy</strong> for his part inherited from the Chirac’s<br />

presidency a country embroiled in many economic difficulties he assessed thoughtfully since he<br />

promised during his presidential campaign to tackle them through large-scale reforms. In fact, if<br />

the emperor benefited from an ideal economic timing, the president inherited of an explosive<br />

situation, worsened by the occurrence of a financial crisis few months after his election. As<br />

assessed by the Economist in its cover story, the incredibly shrinking president, “the strengths<br />

that protected France's economy from the worst of the recession are turning into weaknesses in<br />

the recovery; last year even the Dutch exported more than the French” (2010).<br />

A website dedicated to this project is available starting Dec 7 th 2010 at: http://www.aui.ma/personal/~Y.Assaoui/<br />

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