#mercantilism — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #mercantilism, aggregated by home.social.
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How many more Americans would live below the poverty line if the US government were to ban all imports of consumer goods?
#protectionism #importsubstitution #mercantilism #autarky #tradebarriers #tradewars #poverty #povertyline #americans #affordabilitycrisis #inflation #tradepolicy #usa #donaldtrump #tariffs #consumergoods #economics #imports -
A couple of people mentioned that the 'Capitalism ~ a Zero-Sum Game?' episode was a bit dense and difficult to take in, so I've relaxed the edit a little and added some clarifications. #Capitalism #Mercantilism #Socialism #Economics #Economy #Society #WallStreet #ZeroSum #NonZeroSum
Capitalism ~ a Zero-Sum Game? -
"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 world’s largest asset manager."
by Dominik A. Leusder at Jacobin: https://jacobin.com/2025/05/germany-merz-chancellor-cdu-neoliberalism/
#recession #Germany #assetManagement #law #CDU #budget #austerity #Merkel #industrialPolicy #AngelaMerkel #FriedrichMerz #Merz #ReArmEurope #rearmament #EU #exports #mercantilism #neoliberalism #Jacobin
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#Mercantilism(8/8)
... in the interests of the state? The answer is primarily that 👉it wanted to … strengthen the state authority itself;👈 it concentrated on the power of the state … Primarily to the state’s external power, in relation to other states."
primary source:
https://fee.org/articles/mercantilism-was-monarchys-planned-economy///
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#Mercantilism(7/n)
... of 👉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 #French #king, Louis XIV – ‘I am the State’]👈."
"#Mercantilism as a System of Power
What was the object of mercantilism in using economic forces...
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#Mercantilism(6/n)
... historian #EliHeckscher)
Why #Trump espouses it, could easily be explained by the central element of this policy introduced in the late absolutist reign of the #SunKing, #LouisXIV:
"#Mercantilism 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...
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#Mercantilism(5/n)
... commodities, was the theory of the danger from which economic policy was chiefly 👉to protect a country lay in having too many goods [imported from other countries].👈
Mercantilism as a Monetary System
The👉 connection between money and goods in the mercantilist conception of economics was represented in the balance of trade theory👈 … "
("Mercantilism (1935), Swedish economic..
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#Mercantilism(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 “#Smuggling” – #BlackMarkets – to get around the controls."👈
The basics:
"#Mercantilism as a System of Protection
The attitude of mercantilism towards the means of supplying the wants of human beings, i.e., towards...
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#Mercantilism(3/n)
... of souvereign and autonomous states, while the #US will be impoverished by the economic fallout of the #TrumpTariffs. They constitue a #Mercantilist trade policy, which has historically been proven to be detrimental to its practitioners: it gives rise to #Smuggling and anarchy:
"👉The more the government’s #Mercantilist policies attempted to restrict and divert manufacturing,...
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#Mercantilism(2/n)
... As of #Vance"is historic speech at the #MSC this year, 👉the necesities have changed, grown exponentially 👈:
The remaining 👉#West needs a deeper (#DefenseUnion) and wider union (#CEUM):👈
https://mastodon.social/@HistoPol/114117715483122573
Eventually, 👉a deeper union of the West's states will further #Democracy in the #West👈, as the hegemony of the #US is balanced by a "confederation"...
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#Mercantilism(1/n)
While I agree with the spirit of your post, the timing for the #EU deal (#CETA, if you are referring to that) predates the #Trump presidencies:
"... Officials announced the launch of negotiations on 6 May 2009 at the #Canada-#EU Summit in #Prague...."
"...#JustinTrudeau, Prime Minister of Canada, travelled to #Brussels on 30 October 2016 to sign..."
https://en.wikipedia.org/wiki/Comprehensive_Economic_and_Trade_Agreement?wprov=sfla1
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#TrumpCoup by the #TrumpMuskDuumvirate
#USpol
#Tariffs #Economics(4/n)
...the 19th and 20th century popularized the saying, Ave Caesar, morituri te salutant, many residents will learn the meaning of this latin phrase of the late #Roman period./s
PS:
Historically, #Mercantilism 2) has never worked as officially intended, except for the smugglers and war-mongers:"#Mercantilism 2) led to the creation of #monopolistic trading companies, such as the...
