Thursday, May 16, 2019

Thomas Piketty — Europe and the class cleavage

In all the referendums for the last 25 years the working classes have systematically expressed their disagreement with the Europe presented to them, whereas the richest and the most privileged classes supported it. During the French referendum on the Treaty of Maastricht in 1992, we observed that 60% of the voters with the lowest incomes, personal wealth or qualifications voted against, whereas the 40% of the electorate with higher incomes voted in favour; the gap was big enough for the yes vote to win with a small majority (51%). The same thing happened with the Constitutional Treaty in 2005, except that this time only the top 20% were in favour of the yes vote, whereas the lower 80% preferred to vote no, whence a clear victory for the latter (55%). Likewise for the referendum on Brexit in the UK in 2016: this time it was the top 30% who voted enthusiastically to remain in the EU. But, as the bottom 70% preferred to leave, the leave vote won with 52% of the votes. 
What is the explanation? Why are votes on the European Union always characterised by such a marked division of social class? This outcome is all the more puzzling as the structure of the vote for the different political parties has long since ceased to be so clearly marked by the class structure, with the three dimensions of social division (qualifications, income, personal wealth) all pulling in the same direction. Since the 1970-1980s; the most highly qualified have swung distinctly towards the left wing parties in both countries, whereas those with the highest incomes and personal wealth continue to tend to support the right-wing parties, which are themselves undergoing change. On the other hand, during the votes concerning Europe in 1992 (French referendum on Maastricht Treaty), 2005 (French referendum on constitutional treaty) and 2016 (UK referendum on Brexit), the intellectual and economic elites in both instances found themselves supporting the EU as it existed, whereas the less privileged categories on the left and on the right rejected it.
The reason for this, according to those who are better off, is that the working classes are nationalist and xenophobic, perhaps even backwards. However the xenophobia of the less well off is no more natural than that of the elites. There is a much simpler explanation: the European Union, as built in recent decades, is based on widespread competition between countries, on fiscal and social dumping in favour of the most mobile economic actors and functions objectively to the benefit of the most privileged. Until the European Union takes strong symbolic measures for the reduction of inequalities, for example a common tax which impacts the richest, enabling the taxes of the poorest to be lowered, this situation will continue....
Le Monde — Le blog de Thomas Piketty
Europe and the class cleavage
Thomas Piketty

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