Mercantilism is a system of economic and political theory which emphasizes the importance of exports, trade, and accumulating wealth. The antonyms, on the other hand, are concepts that embrace free trade, globalization, and shared prosperity for all. These antonyms include liberalism, socialism, humanism, and internationalism. These opposing views reject the principles of mercantilism and see trade as a means to promote peace, cooperation, and understanding among nations. Instead of focusing solely on economic gain, these principles prioritize human welfare, equality, environmental stewardship, and social justice. By adopting these antonyms, countries can create a more just, equitable, and sustainable global society that benefits everyone.

What are the antonyms for Mercantilism?

• n.

  • capitalism
  • communism
  .

Usage examples for Mercantilism

Famous quotes with Mercantilism

• In the last quarter of the eighteenth century bourgeois Europe needed to emancipate itself from that combination of feudalism and commercial capitalism which we know as mercantilism.

  C. L. R. James
• freedom and rightssovereigntyDo they inhere in persons of flesh and blood or … in abstract constructions like corporations, or capital, or states? In the past century the idea that such entities have special rights, over and above persons, has been strongly advocated. The most prominent examples are Bolshevism, fascism, and private corporatism…. Two of these systems have collapsed. The third is alive and flourishing under the banner TINA—There Is No Alternative to the emerging system of state corporate mercantilism disguised with various mantras like globalization and free trade.

  Noam Chomsky
• Other common names for fascism are 'crony capitalism', 'state capitalism', 'corporate socialism' and 'mercantilism'. Sometimes members of the mercantile class become partners with the state and, in certain circumstances, even end up controlling it. The whole thing looks like a different system than ordinary socialism until you apply the ethical definition. What's more important in a fascist society, the needs and wants of the group, or the rights of the individual? As Mr. Spock once famously observed (in the original James Blish novel ), 'a difference that makes no difference no difference.'

  L. Neil Smith
• Nationalists were gratified by [ Franz von Papen’s ] policy of making an end of party politics and of liberalism; the state began to be authoritarian, despotic… All that united it was the negative purpose of breaking with the past system. Its two main sections, representing the industrialists and the big landowners, were directly opposed to one another on first principles: the industrialists were for free trade and unrestricted capitalist competition; the landowners were for ‘autarchy,” neo-mercantilism. ‘Enlightened capitalism’ on one side, pre-capitalist patriarchalism or post-capitalist economic planning on the other. But the great new forces of the Nationalism and Socialism were unrepresented.

  Hermann Rauschning
• [Professor Jennifer] Burns doesn't seem to understand that when leftists, or conservatives or liberals for that matter, refer to capitalism, they don't mean what Ayn Rand meant by it.  mean the system that is otherwise known as mercantilism, corporatism, state capitalism, or even fascism—a system in which huge corporations, aided by the state, dominate a heavily-regulated and centrally-directed economy.  is what both conservatives and liberals advocate, this is what the New Left opposed.  New Left guru, the late Murray Bookchin, told me thirty years ago in Boston that he had no quarrel with what Ayn Rand and Murray Rothbard meant by the term , a system in which people divide their labour, specialise in producing certain goods and services, and trade among themselves.  Bookchin told that he would say that is not capitalism, though there are many different definitions.

  Jeff Riggenbach

Related words & questions

Related words: mercantilist theory, mercantilism definition, mercantilism meaning, mercantilism vs capitalism, mercantilist vs protectionist, mercantilism in india, mercantilism in south africa, mercantilism vs free trade, mercantilist vs protectionist

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