Named after Pierre d'Allarde, the decree abolished the rights and privileges of guilds and introduced the principle of freedom of trade and industry in France.
[1] The Allarde Decree was influenced by earlier liberalization attempts, such as the 1776 edict of Turgot which had sought to dismantle guilds but was repealed due to popular unrest.
"[2] The decree complemented the Le Chapelier Law of June 1791, which further prohibited worker associations and guilds, fostering a capitalist labor market.
[3] The Allarde Decree played a significant role in dismantling the corporatist structures of the Ancien Régime, paving the way for modern capitalism in France.
However, the decree also eliminated the social safety nets provided by guilds, leaving workers vulnerable to exploitation in the newly competitive economy.