Word: rocard
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...Rocard enlivens the race
...years he has been stalking his prey, sometimes discreetly, sometimes unabashedly. Last week Michel Rocard finally made his ambitions official. From the town hall he occupies as mayor of the Paris suburb of Conflans-Sainte-Honorine, the compact (5 ft. 6 in.), crimson-cheeked economist formally declared that he was challenging François Mitterrand for the Socialist Party's nomination as its candidate against Valéry Giscard d'Estaing in the presidential election next May. Rocard gracefully suggested that Mitterrand, a veteran of more than three decades in French politics, could stay on as party leader...
...ROCARD: MITTERRAND TO THE MUSEUM...
...Rocard became the third major candidate to join France's presidential race. The Communists, to no one's surprise, have designated Party Leader Georges Marchais, 60. Michel Debre, 68, who was Charles de Gaulle's Prime Minister from 1958 to 1962, has launched an independent candidacy designed to discourage Neo-Gaullist Leader and Paris Mayor Jacques Chirac. Rocard, though, is the only French politician given any chance of mounting a credible campaign against Giscard. Recent polls give Rocard more than 48% against Giscard. Mitterrand, who with 49.2% in 1974 came within a hairbreadth of the presidency, scores...
Although Gaullists and Communists join forces to vote no, a narrow majority in the National Assembly approves Rocard's request to rule by decree for six months. Drastic reforms are instituted almost instantly. Rocard does not nationalize vast sectors of industry, as the 1972 Socialist-Communist "common program" calls for. Instead, all stock in private companies is converted to bonds, and shareholders are guaranteed 15% of profits; but corporate control passes to the workers. France's Paris-centered government is decentralized with the creation of new regional assemblies with broad local powers, including taxation. Welfare benefits are increased...