Bernard Arnault could buy Marseille and 4 more infographics that can not be missed

Economic alternatives picked up the best charts of the week for you. For this new graph, we estimate the disproportionate weight of the ten largest French states, the very low turnout in the legislative elections, the displaced people of the world, these French people who are not going on holiday and the increase in outstanding solidarity funding.

1 / Bernard Arnault could buy Marseille

How to recognize a very rich person? The size of his house, often. Even the number of houses he owns. Stone is the only real thing, we are told. Well, Bernard Arnault, the richest man in France, was so rich that he could buy all the housing for the 868,000 inhabitants of Marseilles.

We learn about this, among other things, in the latest report on the richness of the Observatory’s inequalities. According to the magazine’s ranking for 2021, the fortune of the LVMH boss is 158 billion euros. Problems. Another equally telling comparison: to save so much, a person would have to work almost eleven million years on the minimum wage and save everything he earns.

Bernard Arnault is not the only ultra-rich who was born under the sign of France. However, according to estimates by the Observatory of Inequalities, France’s ten largest estates account for about the total cost of housing in the five most populous provincial cities (Marseille, Lyon, Nice, Toulouse and Bordeaux), with more than 2 million inhabitants.

Laurent Jeanno

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2 / Participation in elections: French exception

With 52.3% abstaining, the first round of parliamentary elections brought to an unprecedented level the disinterest of the French in this type of voting, which continues to grow for thirty years (30.8% abstained in 1993).

Could this be an expression of the global trend of distrust in the political world? Consolidating the belief that “it still doesn’t change anything”? Then we must somehow find an echo of this among our European neighbors. However, France stands out, where the level of participation in parliamentary elections is 20-25 points lower than in Germany, Italy, Spain or the United Kingdom.

It seems that more questionable are the features of the French political regime, which puts the election of the President of the Republic at the top of the political hierarchy (during which the content is much lower), legislative elections more in the French election calendar than follows from this highest term.

The logic is reversed in most of our neighbors, where the composition of the government depends on the composition of the Chamber of Deputies after the generally justified parliamentary elections, moreover, on a proportional basis.

Systems that are undoubtedly also imperfect, but that reduce the gap between citizens’ opinions and their fair representation in the political system. Obviously, this immediately makes you want more!

Xavier Molena

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3 / Crossed the 100 million displaced persons in the world

One hundred million people are forced to flee their homes around the world. This symbolic bar has been crossed since the beginning of the year due to the war in Ukraine and other lesser-known conflicts (Burkina Faso, Burma, etc.), according to the Office of the United Nations High Commissioner for Refugees (HCR). And this was quickly overcome, as at the end of 2021, the UN agency estimated the total number of displaced people on the planet at 89.3 million. This global figure has been growing steadily for ten years.

Of all people forced to flee their homes, the majority (53.2 million) remained in the country where they were born. At the end of 2021, Syria had the largest number of internally displaced persons (6.9 million), but East Africa, particularly Ethiopia (2.5 million), had the largest number of new flows last year.

As for women, men and children forced into exile due to conflict and human rights violations, by the end of 2021 there were 36.1 million worldwide. The majority of these exiles (27.1 million) are refugees under the auspices of UNHCR or the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNWRA).

Some 4.6 million other people are asylum seekers, while UNHCR places 4.4 million Venezuelan exiles in a specific category (“displaced abroad”), which it estimates according to specific texts on asylum in Latin America, which are more protective than Geneva. Convention, they must enjoy refugee status.

Around the world, the vast majority of people who had to leave their country (72%) stayed close. Conflicts, widespread violence and mass human rights abuses are concentrated in the south of the world, so states that receive 83% of exiles are low- and middle-income countries.

Lebanon receives the largest number of refugees (mostly Syrians and Palestinians) per capita. Or one in five. For France, that would mean accepting 13.5 million people.

Jann Men

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4 / Go on vacation, privilege

By the sea, in the mountains or in the countryside … “crossover” summer may not have begun yet, according to television news, the holidays are already on everyone’s mind. However, as every year, many French people are not going to pack their bags this summer. In 2019, on the day of the last Crédoc study before the Covid-19 pandemic, four out of ten French people (42%) did not enjoy sand castles and camping evenings.

To go, you need to have the money. Only 37% of people with a monthly income of less than 1,200 euros left their homes in 2019, compared to 81% of those with more than 2,600 euros.

Transport, accommodation, activities: holidays are expensive, and a whole part of households do not have enough money to leave due to lack of sufficient financial assistance. Is vacation a privilege? If everyone should be able to change the situation, it must now be acknowledged that this practice remains primarily the prerogative of the upper classes: 82% of managers go on leave, compared to 47% of employees, according to the latest data. available at Crédoc, which dates back to 2014.

Antoine Cariu

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5 / Solidarity finances reach new heights

At the end of 2021, outstanding solidarity funding amounted to € 24.5 billion. This is seven times more than ten years ago, and it is 27% more than last year, recalls 20e barometer published by the Fair Association (funding, support, influence, association) and Cross.

However, deterrence measures, creating forced savings, partly explain this good figure. But above all, we are facing a long-term trend: savers are trying to invest in social projects.

Solidarity funding allows you to invest directly in solidarity projects or mobilize savings in financial products, part of which is transferred to associations. It also covers the solidarity savings of workers who continue to develop, in particular under the Pacte Act.

This remains a smaller part of the total outstanding savings. But thanks to it, in 2021, 4.6 million poor people were supported worldwide, 38,758 jobs were created or maintained, 1,619 people were relocated, 5,904 homes were provided with renewable electricity and 1,212 hectares of organic farming were cultivated.

Nairi Nakhapetyan

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