On the issue of time, Smith suggests and then drops the proposition that the introduction of clock time was part of
mercantilist capitalism which preceded industrialism in significant ways.
During the
mercantilist period (1500 - 1800), the gap between the two evolutions widened.
With trade came political involvement, for this was a
mercantilist world.
The
Mercantilist is someone who has no problems at all with the term `competitiveness'.
In lucid and careful terms he shows how Smith's compelling arguments in favor of free trade overthrew
mercantilist views that domestic industries should be protected from import competition.
While few dispute that China's
mercantilist trade policies need to change, the trade spat has started to bite in the US, where a Chinese shift to non-US suppliers of soybeans and other key import goods has left US farmers without buyers.
While Mahathir's warnings in Beijing against 'a new version of colonialism' stood out for their boldness, they reflect a broader pushback against China's
mercantilist trade, investment, and lending practices.
Le Gendre.When the eager
mercantilist minister asked how the French state could be of service to the merchants and help promote their commerce, Le Gendre simply replied "laissez-nous faire" ("leave it to us" or "let us do [it]".
He also noted that the state continues to become more
mercantilist in its trade and economic policy, ignoring international norms and encouraging the spread of authoritarian politics around the world.
The global political regime is in an upheaval with an apparent rise of the alt-right and nations wanting to move back to
Mercantilist policies (starting from the United States itself), but what is even more important is this online global movement which is altering the layout of the society altogether.
While Mahathir's warnings in Beijing against "a new version of colonialism" stood out for their boldness, they reflect a broader pushback against China's
mercantilist trade, investment, and lending practices.
Mbembe argues that from the time of the western expansion of the Atlantic slave trade in the fifteenth century to the second half of the twentieth century, the
mercantilist labor and extractive requirements of Europe's plantation economies and the global colonization and apartheid that followed created and then nurtured the concept of race within the context of
mercantilist labor and extractive industries.