Real power lies neither in the Élysée nor in Matignon

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Lutte Ouvrière workplace newsletter
October 6, 2025

Lecornu has thrown in the towel. Does Macron still have a card to play? Will he decide on another dissolution? In either case, it will be a fool's game.

Because the real leaders of society are neither in Matignon nor in the Élysée Palace. They are on the boards of directors of the big capitalist groups. They are the major shareholders, the multi-billionaires, French and otherwise, who extend their tentacles to exploit workers around the world.

They are the ones who ordered to steal two years of retirement from workers. The layoffs, company closures and widespread low wages can be explained by their greed, by their desire to add billions to the billions they already have.

Inflation was the result of their policies because all capitalists took advantage of international tensions, supply difficulties and political changes to drive up prices. The price of a car, for example, rose by 24% between 2020 and 2024! Car manufacturers complain that they sold fewer cars, but they sold them at higher prices and maintained their huge profits.

Even the national debt, which most politicians blame on the sick, the retired and the unemployed, is the responsibility of the capitalists. Because even though these gentlemen have pockets full of money, they are the first to whine and ask for help from the state. They have benefited from tax cuts and all kinds of assistance, the total sum ranging from $211 to $270 billion per year.

One of the ways employers blackmail workers is by moaning about international competition. But they are among those who organize it!

The Shein group, criticized because it is a Chinese company, manufactures products in factories that already work for all the major European brands such as Pimkie and Decathlon. The car-manufacturer Stellantis has joined forces with a Chinese manufacturer so as to have its cake and eat it too. The tomatoes that arrive from Morocco on our shelves are produced by the Azura group, a Franco-Moroccan firm that exploits Moroccan workers and African day-laborers paid 9 euros per day. French farmers are therefore competing with very French agricultural capitalists!

Capitalists are always presented as investors who should be thanked. But for them to deign to invest, the state has to give them everything on a plate: the site, financing, trained workers, research assistance… They are nothing more than mercenaries of profit and financial adventurers.

They are also responsible for the increasingly nationalistic evolution of society and for the march to war. Indeed it is their interests, their desire to plunder this or that region and to gain access to this or that market that fuel rivalries between states. Competition and economic warfare, which capitalist groups have always waged on a national scale are now raging on a global scale. This is what is plunging more and more peoples into fratricidal wars.

The Dassault family has no interest in seeing the war in Ukraine end. The fact that the Middle East is a powder keg is all to their advantage. So, this is who really has power over our lives, over the economy, and over the evolution of society as a whole!

And this employer dictatorship cannot be challenged by any election because it is not based on the results of the ballot box. It is based on the private ownership of capital. A bourgeois family like the Arnault family, owners of the luxury goods group LVMH, manages more money than the Minister of Education and the Minister of the Armed Forces combined. This gives them the power to exploit workers not only in France, not only in Europe, but on a global scale.

As long as this capitalist class remains in power and dominates by controlling large economic corporations, we will continue to see increasing inequality, exploitation, deprivation, division, crises and wars.

But we will also see new revolts like those that have erupted in Nepal, Madagascar, and Morocco. In these countries, young people from the working classes are rejecting poverty, exploitation, and corruption, and they are absolutely right to do so!

It is through such social explosions that workers can play their leading role and transform society by expropriating the big bourgeoisie and driving it from political power. It will then be possible to rebuild society and pool the immense possibilities it already holds.

So let's not expect anything from the institutional and electoral circus show. Let's regain confidence in our own strength: there is a world to change!

Nathalie Arthaud