Please do not interpret in what follows any hint of support for FN from this blog other than as a ‘cat among the pigeons’ force in European politics, anything that upsets the right-wing, neo-liberal, corporatist elites that run the show is to be welcome.…
FN’s policy proposals are outlined in its – 144 Engagements Présidentiels (144-point manifesto).
The opening statements talk about regaining France’s freedom and mastery over their own destiny (“Retrouver notre liberté et la maîtrise de notre destin en restituant au peuple français” and defines sovereignty in terms of “monétaire, législative, territoriale, économique”, which would suggest a return to its own currency.
Critics seem to characterise those who advocate a return to national currency sovereignty as ‘small vision’ as opposed to the European Union which is claimed to be ‘big’. It is big on corporatism and anti-democratic bullying and certainly big on the unemployment it has created.
My view is that a return to national currency sovereignty, that is exiting the Eurozone and floating one’s currency is a grand vision for full employment and reduced inequality.
Of course, the neo-liberals can take control of a nation that is sovereign in its own currency (as in Australia or the UK at present) and use the capacity that currency independence brings to bad effect.
But a truly progressive government cannot really exist in the Eurozone or in a nation that pegs its currency or accepts legal dictates from an undemocratic bloc (such as the EU)....Bill Mitchell – billy blog
Front National – seems confused on its monetary proposals
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
