Autore: Manzalini, Fiorenza
Titolo: Turgot, the Fondations and the questionv of social needs
Periodico: History of economic thought and policy
Anno: 2020 - Fascicolo: 1 - Pagina iniziale: 73 - Pagina finale: 95

This paper focuses on the entry Fondation, compiled by Anne-Robert-Jacques Turgot and published in 1757 in the Encyclopédie. Turgot analyzes the phenome-non of fondations from the socio-economic point of view. In order to assess whether these ancient institutions were suitable for a society moving towards modernity, he uses public utility as the sole criterion of assessment. According to Turgot, the fondations were an obstacle to free enterprise and free market, as on the one hand they accumulated and immobilized capital by subtracting it from productive and profitable investments and, on the other hand, they provided assis-tance and charity without adequate labour promotion by encouraging idleness.




SICI: 2240-9971(2020)1<73:TTFATQ>2.0.ZU;2-O
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