Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
"Free Trade" (or "globalist") and "Mercantilist" (or "Isolationist") parties

This analogy for antagonism is incongruent.

All political parties organized in the USA ("assembled"  in confederation or federation of governments) advocate free trade, unimpeded or unrestrained commerce anywhere. Scope of market and commodity type traded is fundamentally irrelevant to agreement among members. This is the similarity in party polemic and business activities (liberalism).

"Mercantilism," for example, expresses one class of commercial enterprise. Briefly, this type of economic incorporation propounds precepts of private property rights and usufruct, ironically, taken together to control resource supply (anywhere) and means of production (anywhere) from which an enterprise's owner(s) realize profit ("value") by maximum exchange rate and volume.

"Capitalism" and "mercantalism" are expressions of one and the same ideology of commerce, embellished by technique over time; a neologism.

Dominant political parties in the USA differ only in advocacy of laws governing market participants anywhere: either centralized control (conservative liberal) or decentralized control (liberal liberal).

Diversity is the key to economic and political evolution.

by Cat on Mon Apr 15th, 2019 at 03:50:17 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Occasional Series