Sunday, June 25, 2023

Deindustrialization in France

In his writing on France's contemporary troubles (and the contemporary troubles of the advanced industrial world more as well) Emmanuel Todd has had a good deal to say about deindustrialization.

Taking an interest in the issue I looked over the United Nations' time series' on manufacturing "value added" (i.e. net output).

If when considering the matter we see Germany and Japan as at one end of the spectrum (less obviously dynamic than they used to be, but still colossal producers), and Britain and Canada at the other (with their manufacturing output sharply contracted in recent decades), it seems that France is very much in the latter situation--and Todd rightly understanding this as an important factor in the country's well-known discontents.

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