#Mercantilism

Fรฉlicien Breton ๐Ÿ‰ ๐Ÿ”ป ๐ŸŒฑbreton@climatejustice.social
2025-05-11

"Upon leaving politics in 2009, the well-connected and effortlessly Anglophone Merz became a senior counsel for Chicago-based law firm Mayer Brown and the supervisory council chairman of the German operations of BlackRock, the worldโ€™s largest asset manager."

by Dominik A. Leusder at Jacobin: jacobin.com/2025/05/germany-me

#recession #Germany #assetManagement #law #CDU #budget #austerity #Merkel #industrialPolicy #AngelaMerkel #FriedrichMerz #Merz #ReArmEurope #rearmament #EU #exports #mercantilism #neoliberalism #Jacobin

2025-04-08

The most important features of #mercantilism are that it regards #trade, and perhaps the economic activity in general, as a zero-sum game, and creates the world which is neither in full peace nor in full war.

#Tariff #TradeWar #USA #ArnaudOrain
braveneweurope.com/branko-mila

N-gated Hacker Newsngate
2025-04-05

Ah, , the place where history professors go to cry ๐Ÿ˜ข and conspiracy theorists go to edit โœ๏ธ. Dive into the thrilling world of , where economic policies are as outdated as your grandma's fax machine ๐Ÿ“ . Spoiler alert: It's just countries hoarding gold like it's a Fortnite game ๐Ÿช™.
en.wikipedia.org/wiki/Mercanti

๐Ÿ‡บ๐Ÿ‡ฆPhotoSniperFox๐Ÿ‡บ๐Ÿ‡ฆPhotoSniperFox@universeodon.com
2025-04-04

For the people who talk about "Late Stage Capitalism," this isn't #LateStageCapitalism. This is #Mercantilism, an economic model discarded by the mid 1800's.

techdirt.com/2025/04/03/trump-

#LateStageMercantilism

Matฤ›j Cepl ๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡จ๐Ÿ‡ฟ ๐Ÿ‡บ๐Ÿ‡ฆmcepl@en.osm.town
2025-04-04

@juliadavisnews

We have to #StandForScience : the fact that #Mercantilism is a bad idea is not a matter of opinion. It doesnโ€™t lead to the Wealth of Nation (yes, already Adam Smith was arguing against it, that was that book was about), but to conflicts and overall poverty. See also David Ricardo. Yes, Mr Trump wants to push the whole world back, that is two hundred years back.

bbc.co.uk/programmes/m001k0zv

#Economics #ComparativeAdvantage

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-28

@Snowshadow

(1/2)

I had a hunch...

"... When Trump started the Tariff rhetoric, Trudeau started negotiating deals with the EU,
...."

OK, but what were you referring to, then?

... Trump's "talks" started back in 2016:

msn.com/en-us/news/politics/wh

In fact, they had been dragging on in recent years, but IMO, Trump's renewed talf of his (insane) tariffs ought to have given a decisive boost in the final months.

Why am I insisting so much on ?

Because the...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-28

@Snowshadow



(8/8)

... in the interests of the state? The answer is primarily that ๐Ÿ‘‰it wanted to โ€ฆ strengthen the state authority itself;๐Ÿ‘ˆ it concentrated on the power of the state โ€ฆ Primarily to the stateโ€™s external power, in relation to other states."

primary source:
fee.org/articles/mercantilism-

//

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-28

@Snowshadow



(7/n)

... of ๐Ÿ‘‰economic policy [as a conception of society in which all interests were to be made obedient to the monarch captured in the famous phrase of the , Louis XIV โ€“ โ€˜I am the Stateโ€™]๐Ÿ‘ˆ."

" as a System of Power

What was the object of mercantilism in using economic forces...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-28

@Snowshadow



(6/n)

... historian )

Why espouses it, could easily be explained by the central element of this policy introduced in the late absolutist reign of the , :

" as a Conception of Society

Mercantilism revealed a fairly uniform conception of general social phenomena in the field of economics, and this, too, reacted in many ways on the...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-27

@Snowshadow



(5/n)

... commodities, was the theory of the danger from which economic policy was chiefly ๐Ÿ‘‰to protect a country lay in having too many goods [imported from other countries].๐Ÿ‘ˆ

Mercantilism as a Monetary System

The๐Ÿ‘‰ connection between money and goods in the mercantilist conception of economics was represented in the balance of trade theory๐Ÿ‘ˆ โ€ฆ "

("Mercantilism (1935), Swedish economic..

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-27

@Snowshadow



(4/n)

...commerce, and trade into directions different from how individuals in the market may have wanted to direct their own activities, the more it created incentives for โ€œโ€ โ€“ โ€“ to get around the controls."๐Ÿ‘ˆ

The basics:

" as a System of Protection

The attitude of mercantilism towards the means of supplying the wants of human beings, i.e., towards...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-27

@Snowshadow



(3/n)

... of souvereign and autonomous states, while the will be impoverished by the economic fallout of the . They constitue a trade policy, which has historically been proven to be detrimental to its practitioners: it gives rise to and anarchy:

"๐Ÿ‘‰The more the governmentโ€™s policies attempted to restrict and divert manufacturing,...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-27

@Snowshadow



(2/n)

... As of "is historic speech at the this year, ๐Ÿ‘‰the necesities have changed, grown exponentially ๐Ÿ‘ˆ:

The remaining ๐Ÿ‘‰ needs a deeper () and wider union ():๐Ÿ‘ˆ

mastodon.social/@HistoPol/1141

Eventually, ๐Ÿ‘‰a deeper union of the West's states will further in the ๐Ÿ‘ˆ, as the hegemony of the is balanced by a "confederation"...

HistoPol (#HP) ๐Ÿด ๐Ÿ‡บ๐Ÿ‡ธ ๐ŸดHistoPol
2025-03-27

@Snowshadow



(1/n)

While I agree with the spirit of your post, the timing for the deal (, if you are referring to that) predates the presidencies:

"... Officials announced the launch of negotiations on 6 May 2009 at the - Summit in ...."

"..., Prime Minister of Canada, travelled to on 30 October 2016 to sign..."

en.wikipedia.org/wiki/Comprehe

Austrianpraustrian
2025-03-16

Murray Rothbard: "Thomas Le Gendre (1638โ€“1706), coiner of the phrase laissez-faire as applied to policies and the economy, was the most eminent of a long line of merchant-bankers traced back to the early sixteenth century. A multi-millionaire, Le Gendre owned vast interests in ..." mises.org/library/book/austria

2025-03-14

(fiscal and monetary #conservatism) #competitiveness is not an issue of #German economy โ€“ Itโ€™s the neo- #mercantilism with the goal to create large export surpluses via wage moderation โ€“ lack of demand is crucial

Scott ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‡บ๐Ÿ‡ฆ WILL NOT COMPLYescott@babka.social
2025-02-24

@newyorktimes @world-newyorktimes

That wonโ€™t keep Spray-Tan Satan from selling them out anyway

#mercantilism
#Ukraine
#SaveUkraine

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