At first, macron is neoliberal. He doesn't believe in the role of the democratic representation in the economy, nor taxes nor wealth redistribution. On his first mandate, he deleted capital tax at the same time he lowered housing subsidies for the worse off. Today, he saves on social security to fund tax breaks.
Then some say it's "pantouflage", and he's pleasing future employers. Indeed, a lot of formerly high ranking politicians and civil servants ended up on the board of profitable companies. For example, Nicolas Sarkozy was hired on the board of Accor (Europe #1 hotel company). François Fillon, a former prime minister, joined the board of a Russian state owned oil company after he lost a presidential election (he was a conservative and nationalist candidate). So politicians and regulators can just make financial companies happy to get a top job.
A third explanation is that poor workers won't vote for him anyway. Macron's party only rely on 20% of the voters. Raising retirement pleases them.
It's ok if he upsets the other 80%, as other political wings suffer from too many similar parties that compete (we had 3 trostskyist candidate during the last election, 1 communist, 2 socialists) so they number of voters get split. or they don't get along (traditional right wing was weak after the cases with Sarkozy and Fillon)
It depends on who you ask.
At first, macron is neoliberal. He doesn't believe in the role of the democratic representation in the economy, nor taxes nor wealth redistribution. On his first mandate, he deleted capital tax at the same time he lowered housing subsidies for the worse off. Today, he saves on social security to fund tax breaks.
Then some say it's "pantouflage", and he's pleasing future employers. Indeed, a lot of formerly high ranking politicians and civil servants ended up on the board of profitable companies. For example, Nicolas Sarkozy was hired on the board of Accor (Europe #1 hotel company). François Fillon, a former prime minister, joined the board of a Russian state owned oil company after he lost a presidential election (he was a conservative and nationalist candidate). So politicians and regulators can just make financial companies happy to get a top job.
A third explanation is that poor workers won't vote for him anyway. Macron's party only rely on 20% of the voters. Raising retirement pleases them.
It's ok if he upsets the other 80%, as other political wings suffer from too many similar parties that compete (we had 3 trostskyist candidate during the last election, 1 communist, 2 socialists) so they number of voters get split. or they don't get along (traditional right wing was weak after the cases with Sarkozy and Fillon)