7 ms·
> mercantilism, all would "never" be replaced I think that one is still wholly dominant. Personal initiative will always win.
by tatersolid 5y ago
> mercantilism, all would "never" be replaced
I think that one is still wholly dominant. Personal initiative will always win.
- ashtonkem 5y agoMercantilism is certainly dead as a door nail. I can point to all the specific policies recommended by the mercantilists, but I think the most important thing is that mercantilism was about hoarding gold bullion. That is absolutely not the basic economic goal of many (if any) nations right now.