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The origins of mercantilism, as a system of economic and political practice, is shadowy and a subject of debate.
Perhaps an innovative solution to scarcity in southern Alberta lies, at least in part, in breaking free of the mercantilism model of water rights.
Like contemporary Marxism, mercantilism held "that there is an irreconcilable conflict of interests among men and groups of men," wrote Ludwig von Mises in Theory and History.
After providing brief sketches of the regimes in Sweden, the United States, Britain, and Italy, Pempel shows how the old Japanese regime differed from these: It was based on a social coalition of big business, small business, and agriculture; featured a one-party dominant political system; and pursued a policy of "embedded mercantilism" that propelled Japan's rapid climb up the product cycle through a combination of protectionism and industrial policy while circulating some of the nation's economic gains to inefficient sectors, such as agriculture.
But are the structural biases of capitalism more perverse than those of slavery, feudalism, or mercantilism? Does capitalism tend to produce a proletariat more unequal and powerless than slaves or serfs?
Mercantilism was an acceptable way of life in a world of acknowledged limits.
The intellectual foundation of a solution came in Enlightenment-inspired conceptions of commercial liberty that transcended what Adelman calls "bullionist mercantilism" and in conceptions of property that tied judicial problems of ownership to the property owner as informed citizen.
Gerard Gayot argues that a variant of capitalism just as important evolved in an entirely different context, under the mercantilism of the French monarchy, and the example he has chosen for examination is the luxury wool cloth industry established at Sedan by the royal decree of 27 June 1646.
Mercantilism is alive and well in Japan, where the standard bearer of "export or die" still runs the show.
Mercantilism was the dominant economic doctrine of 19th century continental Europe.
Spinoza is argued to have been a staunch defender of religious liberty and of individual emancipation from the life of the passions, and a confident promoter of mercantilism. Spinoza's critique of the Hebrew Theocracy evinces his disdain for the attempted expansion of ecclesiastical power and his resistance to the sways of religion predicated on external and coercive inducements.
On the contrary, they were a most varied and creative group of people who made signal contributions to mercantilism, to philosophy, to literature, to poetry, to all fields of human endeavor.