THE BATTLE OF THE LAND: PHYSIOCRATS AND LOUIS XV
10/20/1758 (Paris)
With a war against Great Britain still on, Louis XV has to face a new economic movement: the physiocracy
The current king,
Louis XV, The Beloved, was for a time loved by the
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Louis XV |
people as a courageous and capable king. However, for some time
he has gotten into battles for land he has not been able to win, and
the current one against Great Britain and Prussia does not seem to
be different. All this added to the scandals concerning their
followers have made the town have a bad image of Louis XV,
see in the stab he received about a year ago for one of his servants,
a wound from which the king recovered. But now our king faces
another problem: physiocracy. Recently a book has been published
by François Quesnay, the king's doctor since 1744, and his name is
"Tableau Économique". This text
defends that wealth is based on
food produced by the country, mainly agriculture, disregarding trade
and manufacturing as sources of wealth, considering them "sterile”.
This is based in Britain’s system, where the land and weather make
agriculture easier. The supporters of this movement, the physiocrats,
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François Quesnay |
try that neither the owner of the land nor the state intervene in these
activities and that the price of the land is lowered, ideas that Quesnay
coined under the term
"Laissez-faire", something that to the King does not seem like a good
idea even though the movement is gaining strength and more and more
followers.
Here you have a resumed video that we recorded about Louis XV (you
need to turn captions in english)
And
Here you´ve got an Spanish adaption of the "Tableau Economique"