Emmanuel Lévy

Journaliste. Grand reporter au magazine “Marianne”.
Les affaires publiques… sont publiques.

[Emmanuel Lévy @Emmanuel_LEVY]

Il n'y aurait jamais dû avoir d'incendie ce 12 juillet à #Fontainebleau. Au moins trois textes réglementaires interdisaient les travaux de réparation de la glissière de l'autoroute A6, réalisés par @GroupeColas pour le compte de @GroupeAPRR https://t.co/jpjt866YtA

[Marianne @MarianneleMag]

Un vœu contre l’excision adopté sans la voix du maire à Saint-Denis. La délibération officielle est explicite : huit voix pour, quarante-quatre abstentions, dont celle de Bally Bagayoko. Les explications d'@EtienneCampion 👇 https://t.co/mvSEIZaKER

[François Geerolf @FrancoisGeerolf]

Le « couple franco-allemand »

[Maxime Sbaihi @MxSba]

Bravo à @eudoxe81 pour cette magnifique recension des 36 think-tanks français selon leur influence législative.

Source: https://t.co/6L4jcalKuu

[Emmanuel Lévy @Emmanuel_LEVY]

Et pourtant elle tourne.
L'apostasie de l'apôtre du libre échangisme
L'argument d'une erreur de parallaxe a quelque chose de piquant, toute cette politique n'aurait comme fondement qu'une altération des sens, une sorte de mirage. L'esprit lui serait pur, pas coupable. Trop fort

[Guillaume 2 Calignon @gcalignon]

Tout arrive. Après 35 ans, les élites progressistes et néoliberales se confessent. Elles avaient tort. On a failli attendre.
https://t.co/1YmcAUV3iy

[Guillaume 2 Calignon @gcalignon]

Tout arrive. Après 35 ans, les élites progressistes et néoliberales se confessent. Elles avaient tort. On a failli attendre.
https://t.co/1YmcAUV3iy

[Emmanuel Lévy @Emmanuel_LEVY]

@FrancoisGeerolf Oui, et ce problème est partagé. https://t.co/rvObeY4F5R

[Michael Pettis @michaelxpettis]

This article indirectly describes one of the more important consequences of our current, distorted form of globalization, even if it isn't commented upon enough. Automation will help Japanese and Korean shipbuilders compete with Chinese shipbuilders only if wages don't rise in line with productivity.

In a system in which nations "win" at manufacturing mainly by suppressing unit labor costs, every country that wants a large manufacturing sector is under pressure either to suppress household income (including by reducing transfers) or to raise productivity without allowing a commensurate rise in wages.

This is the kind of world Keynes warned about, in which countries try to expand production while suppressing demand.

But while a few individual countries can get away with beggar-thy-neighbor growth policies, the world itself cannot do so. If too many countries try to suppress wages, or expand productivity while suppressing the accompanying wage growth, the only way to keep demand and supply balanced globally is with surging debt.

It is of course a good thing if businesses and governments around the world invest to expand productivity growth, but it is not a good thing if workers' wages don't rise in line with the growth in productivity. There's no point in making more stuff if people can't afford to buy it.

This is why Joan Robinson warned that the inevitable result of beggar-thy-neighbor policies, once deficit countries are no longer able politically to bear the costs, is a breakdown in trade. Rising debt and suppressed wages can only go on for so long.
https://t.co/492d6AVD5K via @ft

[Emmanuel Lévy @Emmanuel_LEVY]

"Les guerres commerciales sont des guerres de classes". Il faut lire @michaelxpettis pour comprendre la crise de la dette qui se profile

[Michael Pettis @michaelxpettis]

This article indirectly describes one of the more important consequences of our current, distorted form of globalization, even if it isn't commented upon enough. Automation will help Japanese and Korean shipbuilders compete with Chinese shipbuilders only if wages don't rise in line with productivity.

In a system in which nations "win" at manufacturing mainly by suppressing unit labor costs, every country that wants a large manufacturing sector is under pressure either to suppress household income (including by reducing transfers) or to raise productivity without allowing a commensurate rise in wages.

This is the kind of world Keynes warned about, in which countries try to expand production while suppressing demand.

But while a few individual countries can get away with beggar-thy-neighbor growth policies, the world itself cannot do so. If too many countries try to suppress wages, or expand productivity while suppressing the accompanying wage growth, the only way to keep demand and supply balanced globally is with surging debt.

It is of course a good thing if businesses and governments around the world invest to expand productivity growth, but it is not a good thing if workers' wages don't rise in line with the growth in productivity. There's no point in making more stuff if people can't afford to buy it.

This is why Joan Robinson warned that the inevitable result of beggar-thy-neighbor policies, once deficit countries are no longer able politically to bear the costs, is a breakdown in trade. Rising debt and suppressed wages can only go on for so long.
https://t.co/492d6AVD5K via @ft

[Arnaud Bertrand @RnaudBertrand]

I was having dinner last night with a friend working in the chicken industry and I learned something that blew my mind.

Where do chicken farmers get their chickens? Most of us would say "from their existing chickens obviously, they breed and lay eggs."

That's what I thought too, but turns out I was dead wrong.

The reality is that the immense majority of meat chicken farmers in the world get their chickens from one of 2 companies: Cobb-Vantress, owned by Tyson Foods, or Aviagen, controlled by Germany's EW Group (the Wesjohann family).

They have a concept specific to the industry called grandparent stock: what you buy from these 2 companies is - essentially - a bunch of chickens with planned obsolescence.

The way it works is that each company keeps "pure" bloodlines on its own farms. Let's label them A, B, C and D. Those are the crown jewels - these companies' IP - and they never leave the building.

What they sell you are the "grandparents": chicks from those four lines, but each line in only one sex. You get A roosters but no A hens, B hens but no B roosters, C roosters but no C hens, D hens but no D roosters. Which means you can never breed more A, B, C or D birds yourself.

What you can do is cross them. A roosters with B hens give you the fathers, C roosters with D hens give you the mothers - these are the "parents". The parents then give you the chickens that actually end up on our plates, slaughtered at around 6 weeks.

And that's the end of the road. If you tried breeding those chickens, their chicks would be a complete genetic lottery: still chickens, sure, but without the genetic properties that make them commercially viable. They'd grow slower and less evenly, you'd have to sell them for way more than your competitors, and your business would be dead.

So you have to go back to Cobb or Aviagen for new grandparents. Forever.

Why buy grandparents at all, and raise 2 generations just to sell the third? The answer is scale. If you buy say 100 grandparents, each of them gives you around 50 parents, and each parent hen then gives you around 150 chicks: from those 100 grandparents, you have yourself some 600,000 chickens whose meat you can sell.

It makes no sense for these 2 companies to sell the final chickens directly. They'd have to hatch tens of billions of chicks a year and ship them all over the world. Much easier to simply sell the grandparents and let farmers do the multiplying and pay for the farms, the feed and the labor.

And, you knew this was coming, there is also a China angle here: as you can imagine, China isn't too pleased to be dependent on foreign companies for such a basic food item as chicken.

So China did what China does best: long-term planning. The Ministry of Agriculture and Rural Affairs launched a plan for "national broiler genetic improvement" (2021-2035), which aims for domestically bred breeds to make up at least 60% of the domestic market by 2035 (https://t.co/INHrS7YUpD).

And, of course, they're ahead of the plan. As of 2025, homegrown breeds held more than 30% of the market: halfway to the 2035 goal in just four years (https://t.co/hF0HvB6Q5y).

Can you escape all this as a consumer? Sure, you can buy organic or Label Rouge chicken, from slower-growing breeds raised for at least 81 days instead of 6 weeks, for two to three times the price.

Except, plot twist: the genetics behind most of those slow-growing birds come from a French company called Hubbard... which has belonged to Aviagen since 2018 (https://t.co/URsRSI3gI0)😅

And even if you could truly escape, you wouldn't want everyone to: we'd need vast new swathes of farmland, both for the chickens and their feed. Ironically, advocating for organic free-range chicken for everyone is one of the worst positions one can take for the planet's resources.

If you want to minimize your environmental footprint, the counterintuitive answer is to buy the cheapest supermarket chicken - or eat less meat, of course.

As my friend was saying last night, you may not like the way this industry works but, at the end of the day, it's what puts affordable protein on the plates of billions of people, using proportionally fewer resources than any other way of raising chicken.

[Branko Milanovic @BrankoMilan]

Branko Milanovic
Recommended Books
46 books Branko Milanovic recommended
https://t.co/igykGtuAqW

[Octave BONNAUD @OctaveBonnaud]

1/5 Après un intense "teasing" sur l'exclusivité de leurs infos, Jules Torres et son équipe ne se sont pas fatigués : ils ont tout simplement plagié pas moins de 4 infos dévoilées par @lalettre_fr, sans aucune mention de leur provenance👇

[Bastien Scordia @Bas_scordia]

Adieu la HATVP, vive la HAIP. Le gouvernement prépare un projet de loi qui doit élargir les compétences de la Haute autorité et changer la dénomination de l’institution, qui deviendrait la Haute Autorité pour l’intégrité publique https://t.co/h36S1FrpLE

[Marc Endeweld @marcendeweld]

Depuis aujourd'hui, mon nouveau livre aux @EditionsduSeuil est dans toutes les librairies :

« L’Argent Magique. Enquête sur les illusions du capitalisme français »

Trois ans d’enquête, 70 témoins clés, plus de 200 entretiens off 👇

https://t.co/d1i5sasx68

[Emmanuel Lévy @Emmanuel_LEVY]

En ce moment descente des services de @Adlc_ dans les entreprises du secteur des services d’aménagement paysager. "Visite et saisie inopinée ", précise l'autorité

[Marianne @MarianneleMag]

"Le masque est tombé" : Matthieu Pigasse, "Bolloré de gauche" et membre du "Tiers État" avec deux majordomes 👇
https://t.co/66ZDzDn1tY @Emmanuel_LEVY

[Marianne @MarianneleMag]

@wassilameddas @MPigasse Nous ne vous remercierons jamais assez pour vos aimables messages 🥰

[Marianne @MarianneleMag]

INFO MARIANNE. Destination Pigasse, épisode 2 !
👉 https://t.co/3QWdLcEG7b @Emmanuel_LEVY

[Marie-Estelle Pech @MariestellPech]

Place de la Bastille aujourd’hui. Exposition d’une centaine de drapeaux dont l’un a été retiré car vandalisé: Le drapeau israélien. C’est expliqué sur une petite plaquette très, très discrète évidemment.

[Marianne @MarianneleMag]

🔥 ENQUÊTE. Mégafeux : ces responsables qui échappent aux sanctions 👇
https://t.co/UgtWCjtJDa @Emmanuel_LEVY

[Sébastien Grob @SebastienGrob]

Je me suis infligé pour vous le brûlot de Sarah Knafo contre "l’Administration". Verdict : un monument de démagogie, vaguement déguisé sous les airs d'une "enquête". La preuve en trois exemples d’arguments fallacieux 🔽

[Marianne @MarianneleMag]

EXCLUSIF. Le plan de réorganisation que la direction de l'Agence nationale pour la formation professionnelle des adultes (Afpa) prévoit 841 suppressions de postes et la fermeture de 39 sites 👇https://t.co/1NLn07jac8 @Emmanuel_LEVY