Originally free trade was not like mercantilism , where the government monopolizes and otherwise hinders the right to trade across borders.
Hobbes indeed borrowed a great deal from contemporary accounts of how to increase a nation's prosperity - the literature of the movement subsequently known as mercantilism .
The view that trade was the engine of economic growth was a central tenet of mercantilism , the European economic orthodoxy in the first half of the eighteenth century.
There is, as well, a close connection between mercantilism and patriotism.
Unlike the Saskatchewan approach to canola, Smith is a proponent of a cooperative mercantilism that develops local advantages and creates strong social networks regionally to provide benefits locally.
We should not be swayed by 17th century mercantilism , which viewed imports as bad and exports as good.
Historians have been dubious about the benefits of mercantilism , but they have also been unanimous in attributing much of Spain's industrial and commercial underdevelopment to the absence of such policies.
Privateers operated within the political economy of mercantilism , which recognized the expansion or protection of a nation's trade as a legitimate purpose of war.
Instead the programs associated with Alexander Hamilton introduced a system of mercantilism , discarding free trade in favor of tariff protection for manufactured goods.
We should, as a nation, decide whether to operate our nation as a constitutional republic, a nation of laws, or if instead we prefer to be a country driven and defined by corporate capitalism and mercantilism .