“In the service of who are you?” On Wednesday, January 25, on the eve of the parliamentary debate on pension reform, Gérard Mardiné, secretary general of the CFE-CGC (Cadre Syndicat), was heard at the ‘National Assembly. And he thus challenged the deputies of the majority: “The share returning to the employees has clearly dropped. While the part paid in dividends, it has tripled. What do you do to rebalance this sharing of value? Nothing, your project of law does not provide for anything. On the contrary, you aggravate things. So, your policy, do you lead it for French employees or for Anglo-Saxon pension funds? “
This is the blind, and yet central point of economic debate: the sharing of added value. In France, the latest report on the subject dates from 2009, under Nicolas Sarkozy, entrusted to the director of the National Institute of Statistics and Economic Studies (INSEE) at the time, Jean-Philippe Cotis.
What did it come out? From the post-war period to the 1970s, the share of wages turned around 70 %. Then it reached a high point in the early 1980s, almost 75 %, under the cumulative effect of the oil shock, the struggles of post-68 workers, from the arrival of the left in power. This part then suddenly dropped, in 1983, by almost ten points, falling to approximately 65 % in shock from the “competitive disinflation”. We can consider that it has been almost stable since, but stable at its lowest point since the post-war period.
“an unusually high part”
This official document deserves to be updated. But more recently, in 2021, INSEE confirmed this unequal sharing: “The margin rate of companies flew around 36 %, its highest level since 1949, when the Institute began the measurement of This ratio “, according to Liberation, on December 2, 2021. Even with a drop in 2022, it remains at high levels.
And what is true in France is in the world: “The share of profits is unusually raised now (and the share of unusually low wages), noted in 2007 the bank of international regulations. In fact, the ‘Amplitude of this evolution and the range of the countries concerned have no precedent in the last 45 years. “(Working papers, n ° 231, Basel, 2007). This claims, on our part, several comments.
The sums at stake are immense. A gross domestic product point (GDP) in France is 25 billion euros. Reviewing this sharing is therefore tens of billions of euros, if not hundreds of billions, which are to be redistributed. And the “pensions deficit” immediately filled.
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