By F. Schui
Has been on the centre of a few of the main bold political and fiscal debates of the 19th, 20th and twenty-first centuries. This publication explores the pivotal many years of the eighteenth-century within which the trendy proposal of was once, for the 1st time, on the middle of heated debates in France and different eu nations. The shut examining of latest debates illuminates the origins of an financial key proposal and indicates a clean viewpoint at the upward push of within the eighteenth-century.
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Extra resources for Early Debates about Industry: Voltaire and His Contemporaries
19 Here industry is not the individual quality of a scheming servant anymore. It has become an economic sector, clearly distinct from agriculture and commerce but not less important as a source of wealth. Again, Voltaire’s use is not atypical for the period. Many examples could be given. One of the most salient is Turgot’s use of the term in his Reflections on the creation and distribution of wealth. In this work Voltaire’s friend and admirer wrote about industry alongside with agriculture and commerce as economic sectors and sources of revenue.
However, the silk industry was significant not only for its particularly strong growth. To fully grasp its economic weight it is helpful to take a more detailed look at the trades and businesses that were attached to this industry. In places like Lyon the silk industry made up the fortune of a whole city. Aside from being a very labour intensive production process itself, silk production was connected to a list of other industries. Velvet makers, silk dyers, silk carders, makers of passementerie, silk throwster, silk folders, makers of silk stockings, wimple makers and silk reelers were but a few of the artisans who were involved in the production of silk in Lyon and other cities.
The average quality of wool fabrics seems to have continuously increased during the eighteenth century. One explanation for the concentration on high quality textiles – without completely neglecting the simpler qualities – was the contemporary view that this market segment was more resistant to demand fluctuation in crisis. An increased demand for textiles of better quality also corresponds to de Vries’s perspective on changing demand patterns. Another explanation is a specialisation of French industry along the lines of comparative advantage.
Early Debates about Industry: Voltaire and His Contemporaries by F. Schui