The Agrarian Capitalism: Physiocracy

L. Gizem Eren

The eighteenth century is important not only for being the century of the French Revolution, but also for bearing witness to the Age of Enlightenment. Its importance for the social sciences arises from the fact that it marks the beginning of increased independence for the sciences. The birth of economics as a science could also be said to coincide with the rise of the Physiocratic school of thought. In this context, this study attempts to reveal the effects of historical and spatial processes on the formation of Physiocratic theories of economics, and from this vantage it is claimed that Physiocratic thought had implicit effects on the French Revolution.

Keywords: François Quesnay, Tableau Economique, laissez faire-laissez passer, natural order