The upcoming elections in France and Britain could lead to significant changes in the political systems of Western democracies. The golden age of free market economics, which began in the 1980s with the election of Margaret Thatcher and Ronald Reagan, inspired privatization and deregulation worldwide, resuscitating Classical liberalism.
In two rounds, the French Parliament elections will begin on June 30, while the British Parliament elections will be held on July 4. Four months later, the US elections will follow, setting the stage for possible major changes in the political landscape. Both Emmanuel Macron and Rishi Sunak have called for snap elections amidst a challenging political climate.
There is a considerable similarity between Macron and Sunak’s rise to power at a relatively young age and their rapid pace of political careers. Many liberals and moderates fear that their actions are pushing them towards extreme elements that pose a threat to liberal democracy. Leaders pushed to the wall may resort to drastic measures, potentially leading to self-destruction of political systems.
The upcoming elections in France and Britain may signal the end of the political center in both nations, paving the way for new factions to dominate the political scene. The rise of populist and extreme right-wing parties threatens traditional balance of power and cooperation in both countries.
The parallels between France’s current situation and Britain’s raise concerns about democratic stability when leaders feel they have nothing left to lose. The actions of Macron and Sunak serve as a cautionary tale for political leaders worldwide, highlighting potential consequences of failed leadership and strategic miscalculations.
It remains to be seen how these developments unfold, but one thing is clear: Western democracies are facing significant changes that could alter their future trajectory forever.
