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"I want a revolutionary transformation of society," Besancenot declared to a crowd of several hundred new party members, many of them drawn from his former party, the Communist Revolutionary League (LCR), disbanded the night before.
At 34, Besancenot is already a veteran of France's small but resilient far left movement and its most high-profile flagbearer, an accomplished television performer who won 4.1 percent of the vote in the 2007 presidential election.
As delegates gathered at Friday's conference, his books were arrayed on stalls alongside left wing writers of much longer pedigree, such as Karl Marx, Rosa Luxembourg, Vladimir Lenin, Leon Trotsky and Noam Chomsky.
The new party is looking forward, however, keen to seize the moment as job losses and fraud and incompetence on the global financial markets undermine the image of market capitalism and encourage some to seek radical solutions.
"We need a new May '68 to stop them," he declared, referring to the protests that eventually led to the fall of General Charles de Gaulle's government.