The Physiocratic Movement In The French Revolution

771 Words4 Pages
Physiocracy first developed approximately around 1750, exclusively in France. It was during the time-period of the mercantilist school of thought. It was short lived but relevant to today because it provided insights into the economy and its influence on the economic ideologies of the time as well as the social sciences of today, is quite significant. Economic conditions had taken on a very particular context at the time, forcing out various self-proclaimed economists to analyze these issues, thus leading to the official physiocracy movement. Those issues mostly stemmed around the problems of agriculture. England, at the time had been advancing with their newer technology whereas France was still lagging behind. Their economic development was far slower in comparison. Other problems in 18th century France included shortages of food and large military expenditures which meant less revenue going towards the welfare of the people and newer technology for the agricultural sector. These problems were arguably, only a few of the ones that ultimately led to the French revolution and in a closer time period, the Physiocracy movement. There are many various names concerned with the physiocratic movements. It was a large movement with a surge of literature and writings with economic points of views. Names such as James Turgot but one name stood out above all the rest in reference to the physiocratic movement; Francois Quesnay. A medical doctor in the King’s court in France, Francois