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The Physiocratic Theory of Property and State

In: Essays in the History of Mainstream Political Economy

Author

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  • Warren J. Samuels

    (Michigan State University)

Abstract

Economists have long interpreted the Physiocratic concept of the relation of the state to property as essentially the protection of private property. The thesis of this article is that the Physiocratic theory of property de facto valid, however doctrinal its advocacy of private property, is a theory of malleable property rights premised upon an utilitarian understanding of the social function of private property and necessarily involving the state in the continuing reconstitution of property rights.

Suggested Citation

  • Warren J. Samuels, 1992. "The Physiocratic Theory of Property and State," Palgrave Macmillan Books, in: Essays in the History of Mainstream Political Economy, chapter 1, pages 12-27, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12266-0_2
    DOI: 10.1007/978-1-349-12266-0_2
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    Cited by:

    1. Marie-Pierre Philippe-Dussine & Manuel Bazaille, 2021. "L'héritage physiocrate dans les territoires ruraux," Post-Print hal-03536976, HAL.
    2. Philippe Steiner, 1987. "Le projet physiocratique : théorie de la propriété et lien social," Revue Économique, Programme National Persée, vol. 38(6), pages 1111-1128.
    3. Soldatos, Gerasimos T., 2014. "On the Missing Macroeconomics of Social Liberalism: From Physiocrats to Pre-war Chicagoans and Freiburg," MPRA Paper 59425, University Library of Munich, Germany.

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