Melenchon, running third in French election race, promises to tame capitalism

French far-left presidential candidate Jean-Luc Melenchon, who may yet challenge for a place in the April election's crucial runoff, on Sunday promised to lower the age of retirement, hike the minimum wage and freeze food and fuel prices.

Melenchon, who denounces the free-market economy and instead advocates state intervention in the economy to spread wealth and guarantee what he calls a dignified life for all workers, told a campaign rally in Paris he would tax the wealthy hard.

"The Socialists are a spent force. The only one who can help us, who can save us, is Melenchon," said restaurant kitchen worker Rita Alves. He says he would also lower the retirement age to 60 from 62, unlike Macron who says it must be raised to 65 to balance the pension bill.

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