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French Analytic
The representative of the Paris School of Economics, Luc Behaghel draws two main conclusions. The work is about his analysis of the changes that have occurred in the French labor market over the past 40 years. From this one can see, in particular, why feminism was needed. If 40 years ago the economically active population of France was only 6 million people, where 10% being women, now France has a 30 million economically active population of which half are women. Also, compared with the times 40 years ago, the level of education has greatly increased. There are 5 times more people with incomplete higher education or a bachelor’s degree than back then. This is due to the fact that in the 80s France was ruled by socialists who carried out a reform of higher education, which diversified the specialties offered by universities. The so-called baccalauréats professionals were also introduced. This is something like higher professional education for poultry farmers. This has indeed led to the exclusion of a huge number of young people from the labor market. France, along with Spain and Italy, has the highest percentage of unemployed among young people.
Another observed pattern was that over the past 40 years France began to work less, but the productivity of labor has increased. Also, the ongoing policy of decentralization made it possible to avoid the absorption by Paris of all the country’s most valuable labor resources. Regional centers such as Lyon, and Bordeaux emerged. They are also connected to Paris by a network of high-speed railways.
Automation
Thanks to the automation of agriculture, the number of jobs there has fallen sharply compared to the situation 40 years ago. At the same time, the following polarization is observed. If highly qualified workers are in demand by the market, then the less qualified ones suffer from the introduction of innovations. In the case when the innovations being introduced do not have a negative impact, While the introduction of innovations, on the contrary, does not have a negative impact on the unskilled labor market, the need for unskilled labor is often still growing.
From these observations (and this is not the whole analysis), we can draw the following conclusions. Since the active involvement of women in the labor market has led to a decrease in the birth rate, migrants will continue to be imported. Since the need for unskilled labor will not go anywhere, the middle class is waiting for further die-offs as the introduction of technology makes it unnecessary. Inequality will only increase as the market now needs a very small number of very qualified employees and many unskilled ones. Respectively, the need for higher education will decrease in general. Since only the top education will have value. It will give a pass to privileged offers, and everything else will go online (which so happened during covid). In general, for most people in the West, the free life is over.
