Phew! Macron has won re-election and the sigh of relief from liberal democrats generally and the EU in particular is palpable. It was a sound victory but incomplete. The revamped Marine Le Pen came too close for comfort against an incumbent centrist known for his arrogance.
A welcome victory is not enough…
The lesson? No room for complacency. Liberal democracy constantly underestimates the tsunami effect of global crises where the ripple effects grow into a destructive force which has untold consequences such as potential or actual victories for the populist far-right.
Here are three examples:
The crash of 2008 was, with the benefit of hindsight, managed disastrously for the future of democracy. Grotesque capitalism runs rampant, unchecked, courted indeed by the likes of Blair’s government. It leads to a meltdown of the financial system as we know it. Huge government bailouts follow (understandable at the time, the current system being all we have) with no business leaders held to criminal account for their greed and recklessness. Then quantitative easing which fuelled asset price inflation making the rich richer and the poor poorer. The picture is complete for the rise of right-wing populism as the less well-off pay the price of severe cuts in public expenditure to try and balance the books.
The impact of 2008 led to Brexit, Trump, Johnson et al and the rise of Le Pen who, let’s not forget, got at least 40% of the vote yesterday. The resentment of the less well off who are told what’s good for them by an established elite and then things fail to improve or deteriorate is manifest.
So, to Brexit. The detrimental ripple effects, sadly washing over the very people who voted for it, are now increasingly visible. Disrupted trade, an economy growing more slowly contributing partially to the cost-of-living crisis, is painful to see. It is not a coincidence that a weakened EU was applauded by all the wrong leaders. Which takes us to Putin’s invasion of Ukraine…
In a way, this third crisis was of the West’s own making. Obsessed with itself, underestimating the evilness of Putin, failing to adjust energy and security policies even after his actions in Syria and the invasion of Crimea, a quick chaotic withdrawal from Afghanistan were all building blocks for the latest threat to Western democracy. Today, despite the brave resistance of the Ukrainians and a better initial response from the West than anticipated, the threat of Putin has never been greater. A victory in the East followed by a renewed onslaught on the rest of the country, perhaps followed by Moldova, is scary. The slow burn fall-out is huge. Success for thuggery, a new cold war, mass emigration, a questioning of the benefits of democracy, support of which is already in decline all provide an opportunity for the West to display its divisive self-interest.
So, yesterday, Macron won but this provides a short-lived respite. After all, who spotted or will spot the crisis of liberal capitalism in the solutions to the 2008 crash, the long-term consequences of Brexit for all of Europe and what may be the West’s patchy response to the long-term fallout of a Russian victory in Ukraine if it occurs?
The West and liberal democracy in general have to restate the principles for their existence and do this constantly. There has to be an understanding of the longer-term reverberations from Western inspired crises on society as a whole and act accordingly otherwise there will be more Trumps, Orbans, Marine Le Pens and, in a more diluted form, Johnsons. Some of them, as we know, get elected and that is never a good thing.