Published on 2026-08-13
Colbert considered royal subsidies as crutches
Colbert's industrial policy consisted of creating manufactures protected by temporary monopolies and subsidies. The State financed these structures to launch economic activity before gradually withdrawing its aid. This vision was illustrated by his letter to the aldermen of Lyon, where he compared these favors to crutches intended to teach industrialists how to walk.
Manufactures royales en FrancePrincipales manufactures royales par secteur
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