External publication

Family capitalism and the French problem with work

Publishing date
18 February 2007
Nicolas Véron

Nicolas Véron writes about France's problem with work. He sees a need to challange the conventional visdon, acording to which longer working hours, less powerful unions, and less state regulation are what France needs to thrive. French company owners and managers are not victims but rather key actors of a low-trust equilibrium that combines dismal levels of cooperation between employees and employers, widespread family control, confrontational unions, and hierarchical management. According to Véron breaking this vicious circle is hard, but would be essential to unleash France's economic potential.

French Politics (2007) 5, 354, 362

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