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The liberal West heaved a collective sigh of relief when the results of the first round of the French presidential election came in.The total number of votes that went to anti-establishment candidates in the French election indicates that a latent French populist coalition could still emerge.Add Le Pen's 21.3 percent of the vote to the 19.6 percent captured by the far-left, anti-establishment candidate Jean-Luc Melenchon, and you get a very sizeable bloc of disgruntled French voters.The truth is that France has a highly populist electorate: Close to half of French citizens cast a vote on April 23 to disrupt the status quo.In France this year, the total share of anti-establishment voters is similar to Trump's own share of the popular vote in the U.S., but because of the configuration of the candidates and differences in election rules, the populist, anti-trade candidates will lose in France.In France, a slight first-round shift of just a few percentage points away from Macron and toward Melenchon would have resulted in a fully anti-establishment runoff for the French presidency.
America may be capitalist, but it is managerialist above all
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