The state in industry.(Jean-Baptiste Colbert promoted state intervention in industry in 17th century France)(Brief Article)

The Economist (US) | December 25, 1999 | Copyright

1665

Colbert's sewing machine

ON A cold day in November 1665, Louis XIV did something unusual for a king renowned for warring and womanising. He visited a factory. But not any old factory. Les Gobelins, the Royal Manufacture of tapestries, on the edge of Paris, was the most ambitious attempt by his hyperactive finance minister, Jean-Baptiste Colbert, to use the state to promote the French economy. In 1663, Colbert had taken a handful of tapestry manufacturers; installed them in a single factory, state-owned and run; hired craftsmen from Italy and the Low ...

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