Well said. I don't know why, but it's easier for me to think in terms of mercantilism vs. capitalism. If you're Hudson's Bay and it's 1800, you have a license t

Well said. I don't know why, but it's easier for me to think in terms of mercantilism vs. capitalism. If you're Hudson's Bay and it's 1800, you have a license to print money in the North American fur trade. And if you're G.E. , it's 1985 and the product is jet engines...