Government intervention

Here is a relevant remarks from Professor Florin Aftalion: the word “profit” has disappeared from the public debate to be replaced by the word “margin”. This semantic shift is not trivial: the profit goes to CEOs and shareholders while the margin is under Government control!

The French Government supporting private companies thanks a system of financial assistance: what an economic heresy! Yet, over the last thirty years, it has become the creed for French Governments, whether conservative of leftist. Four figures are to be pointed out: