France is undergoing what Habermas called a legitimation crisis and we should not be surprised that the denouement of neoliberalism in Europe is violent class conflict.
The elections in April may well be a clear choice between fascism and socialism, but it is not clear that either side have coherent answers to current challenges which are also being faced in Italy, Albania, Spain, Portugal and Belgium.
The bond markets will impose their discipline in the form of austerity measures and the ECB may have to save the Eurozone and, in doing so, the entire EU.
Disparities of wealth and income will widen as French capitalists and foreign investors demand that share prices increase while workers are squeezed and social services get cut: the standard neoliberal playbook.
This will only further fracture social cohesion in the country. As Marx reminded us in Das Kapital:
Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery at the opposite pole.
The triggers of this crisis - dilapidated school classrooms and missing teachers, byzantine entry process into the Grandes Écoles, anger in the banlieues by North African former subjects of the French empire and their successors, anti-migration hatreds and Palestine - all play a role in generating unrest but they are ultimately the context for the deeper crisis of legitimation which now bedevils the French state.
The media will focus on looters, violence, agent provocateurs, rioters, voyous, casseurs and the return of the Gilets Jaunes who challenged Macron's first term in 2018 and 2019. Apocalyptic scenes make for spectacular imagery. And as Marx insightfully commented 155 years ago:
The bourgeoisie of the whole world, which looks complacently upon the wholesale massacre after the battle, is convulsed by horror at the desecration of brick and mortar!