Although no definition of mercantilism
is entirely satisfactory, it is important to emphasize that mercantilist thinking was heavily influenced by a desire to achieve economic unity and political control, and that it usually contained a blend of the following elements (see Table 1).
The regulations of mercantilism
, said Professor Smith, were "impertinent badges of slavery" imposed "by the groundless jealousy of the merchants and manufacturers of the mother country." You see, it was not that Smith loved businessmen but that he knew the destructive consequences of legally assured monopoly.
, here was, potentially, a quite open system.
The loss of "privilege" and the end to mercantilism
brought about by the French Revolution created a new capitalist environment in which the old firms did not know how to act and to which they adapted poorly.
For Woolf, one avenue for this redefinition takes the form of historical relocation; she projects her sense of the gross materiality of the twentieth century onto a mythologized earlier era, the English Renaissance, and an equally mythologized form of capitalism, mercantilism
, which Woolf both can and cannot imagine to have been a species of economics which reverberated with redemptively transcendent promise.
He also published two articles spelling out his arguments in greater detail: "The Age of Mercantilism
: An Interpretation of the American Political Economy, 1763-1828," and "Samuel Adams: Calvinist, Mercantilist, Revolutionary."(1) Williams claimed to have based his interpretation on a suggestion by the Progressive historian, Curtis P.
Today's Hebronites are known for their frugality and keen sense of mercantilism
. Many among the population can trace their family lineage to ancient Arab tribes that settled in Palestine since biblical times.
dramatically alters its diplomatic policies, the European Community's traditions of nationalism and mercantilism
will keep EC markets closed to U.S.
Fukuyama's presumption is that believers of Mercantilism
(protectionism) like James Fallows, Chalmers Johnson, Clyde Prestowitz, John Zysman, Karl van Wolfersen, Alice Amsden and Laura Tyson, then President Clinton's economic adviser, 'have strongly argued that the dynamic and fast-growing economies of East Asia have succeeded not by following but by violating the rules of neoclassical economics.'
They explain that a return to mercantilism
could spur others to do the same, potentially by creating an alternative reserve currency through a global institution.
UEFA President Aleksander Ceferin criticised his FIFA counterpart Gianni Infantino's plans to create two new tournaments as "highly cynical and ruthless mercantilism
" and accused the global body of selling the soul of the game.
Summary: Trump's trade tactics, aimed at stemming America's relative economic decline, reflect the same muscular mercantilism
that China has used to become rich and powerful.
Unlike the Soviets, whose system of state enterprise produced shoddy goods in short supply, or the Argentines, whose efforts at protection resulted in non-competitive products, the Chinese got mercantilism
When trade agreements focused mostly on tariff and non-tariff barriers at the border, mercantilism
produced some salutary consequences.
The sections cover political and geostrategic borders, bordering regions, and bordering "Turkey in Europe." Among specific topics are the distinctiveness of the Habsburg-Ottoman border in the 18th century, alternative paths towards the age of mercantilism
: the Venetian project of the Scala Di Spalato, the process of establishing the border between Russia and the Ottoman Empire in the Peace Treaty of Adrianople in 1713, regions and borders during revolutionary transformations: the example of the papal enclaves Avignon and the Comtat Venaissin in the years of the French Revolution, and revisiting early Ottoman urban morphology in southeastern Europe.