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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 />

II. The closeness vis a vis the business milieu <strong>and</strong> a magnanimous relation to money<br />

Being in a proper court-configuration, Napoleon III gathered around him the most<br />

powerful economic players of his time, <strong>and</strong> mainly “ennobled bankers, coming from the<br />

“affaires milieu” controlled by the advantages its members await from the ruler” (2008) as<br />

explained by one of the emperor’s posthumous biographers, Pierre Milza. He continued<br />

underlying the « indisputable analogy with the friendships of <strong>Nicolas</strong> <strong>Sarkozy</strong> in the business<br />

world”. In a populist arrangement, the mixing of the rapprochement with the lowest social<br />

classes <strong>and</strong> the highest strata of the business milieu can seem antagonist, if not from a<br />

Bonapartist approach. Both the emperor <strong>and</strong> the president strategically needed to gather<br />

popular classes to their camp since they intrinsically believe in the popular plebiscite to access<br />

to <strong>and</strong> be maintained at power. However, the latter does not in fine contradict the display of<br />

personal ties with the business owners who are strongly attached to conservatism. As put by<br />

Lévy, <strong>Sarkozy</strong> “seems to be vacillating <strong>between</strong> a genuine effort to modernize France <strong>and</strong><br />

electorally motivated pay-offs to conservative constituents” (2008). At this point, the previously<br />

highlighted lack of consistency of <strong>Sarkozy</strong>’s economic policy appears for McNicoll as another<br />

motive behind such a phenomena, since “the French president has a habit of putting the<br />

economy at the mercy of his personal political imperatives: at heart, the problem is that he has<br />

no true economic principles, that the only key to Sarkonomics is expediency” (2009).<br />

As a matter of fact, no republican law forbids any president from having a tight circle of friends<br />

within the affaires milieu; yet such a state of affairs becomes embarrassing when there is an<br />

overlap or conflict of interests, or when flagrant <strong>and</strong> glaring examples reveal “clubbish links”<br />

(The Economist, 2010) <strong>between</strong> the Elysee, <strong>and</strong> certain business <strong>and</strong> media bosses. In fact, an<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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