physiocratic
1
9.9
- adjective
- /ˌfɪziəˈkrætɪk/
- Formal
- The physiocratic school of thought emphasizes that the wealth of a nation comes primarily from its agriculture.
Examples
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The most important of these groups, the Alliance Israelite Universelle, the Baron de Hirsch Fund, and its arm, the Jewish Colonization Association, like the Am Olam, were strongly influenced by physiocratic ideas that set agriculture as the underlying base for the economy and society.
Academic text (2006) -
The quaint and crude appearance of some physiocratic ideas should not obscure the radical advance that their theory represented.
Academic text (1990) -
He epitomized the modern, civic-minded, yet physiocratic Odessan Jew.
Academic text (2006) -
For instance, he absorbed many of the tenets of reasoning of the mercantilists, while his circular flow theme was in principle a recrudescence of the physiocratic tableau.
Blog text (17) -
Their rationale, like the Am Olam's, was "productivization," an ugly term dependent on the physiocratic sense that Jewish life must rest on agriculture, both for meaning and for acceptance (p. 119).
Academic text (2006) -
Many modern economists have drawn inspiration from physiocratic principles that prioritize farming over manufacturing.
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In a physiocratic view, sustainable agriculture is essential for ensuring a country's long-term economic prosperity.
Surface Forms
Morphology
physiocratic = physiocrat (opaque) = physio + cratic
The term 'physiocratic' is derived from 'physiocrat', which is not a common English word, and its meaning is specialized and not directly inferable from its components.
Etymology
The word physiocratic comes from Greek parts physio- meaning 'nature' and -cratic meaning 'rule', the same -cratic in democratic. So a physiocratic view is that 'nature', especially farming, is the main source of a country's wealth, which is why they put agriculture first.