The Great Fear and the Abolition of Feudalism The events of July 14th unleashed what became known as the Great Fear (la Grande Peur). The Fiscal Crisis and the Summoning of the Estates-General At the heart of the revolutionary fervor was a profound fiscal crisis.
Royal Weakness Marked Start French Revolution
The Storming of the Bastille and the Collapse of Royal Authority While the delegates at Versailles debated procedure, panic and rumors swept the streets of Paris. Years of extravagant spending, coupled with generous loans to foreign powers, had drained the treasury.
The fall of this potent symbol of oppression was less a military victory and more a psychological one, demonstrating the collapse of the King’s authority in the capital. The French Revolution did not erupt without warning; its origins are embedded in the fiscal ruin and political paralysis that defined the twilight of the Ancien Régime.
Royal Weakness Sparked the Start of the French Revolution
On the night of August 4, 1789, amidst this chaos, the Assembly voted to abolish feudal privileges, tithes, and seigneurial rights. Finance Minister Jacques Necker, aware of the nation’s insolvency, proposed radical solutions that included transparency regarding royal finances and the possibility of taxing the privileged orders—the clergy and the nobility—who had historically been exempt.
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