HISTORY 1DD3 Lecture Notes - Lecture 8: Physiocracy, Montesquieu, Mercantilism
22 Oct 2017
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Keeping things flowing and changing with the time. conservative. Keeping things the way they are right now. radical. Wanting things to change fast. (extreme liberal) reactionary. Wanting to return to the old days . New ways of thinking for humanity (including natural laws: john locke (compact theory) Everyone is born pure : thomas hobbes (leviathan) Government needs to be harsh to protect the people and keep stability: rousseu (social contract) Talked about the contributions that a society needs to share. Group has more right than the individual: physiocrats. Believed people getting the money (not monarchs) would increase productivity and wealth. When monarchs are in full control and become a sole ruler: louis xiv. Used benevolence along with power to rule: mercantilism. The economic system that goes along with absolutism: bullionism. Said holy roman empire was neither holy or roman. Believed most inhuman crimes were due to religion. (eg: 30 year war, crusades)
