#AmeriKKKa state #ideology is officially #statecapitalism and #mercantilism. Unpredictable #tariffs are exactly the point. Its #economicterrorism to make imports to #LaMuriKKKa so expensive that its cheaper to #reshore. #America is becoming #white #china. #FuckTrump #FuckGOP #FuckAmerica
#Term: #Mercantilism
"Mercantilism is an economic theory and policy from the 16th-18th centuries where governments heavily regulated #Trade to build national wealth and power by maximizing exports, minimizing imports, and accumulating precious metals like gold and sil...
https://with.ga/0agb6
#Term: #Mercantilism
"Mercantilism is an economic theory and policy from the 16th-18th centuries where governments heavily regulated #Trade to build national wealth and power by maximizing exports, minimizing imports, and accumulating precious metals like gold and sil...
https://with.ga/0agb6
\ he second and most interesting aspect of what happened in Venezuela, is what it reveals about a new form of brutal mercantilist logic that underpins the administration's broader approach. A major reason why the trajectory of Venezuela was deemed so unacceptable was that it saw one of the most oil-rich nations in the world - in addition to having vast reserves of gold, gas and iron ore - flaunting its assets to Chinese and Russian bidders in ways that cut across American commercial interests. This was understood in Washington and Florida as a direct affront to American dominance of international finance and commodities markets in its own backyard. The icing on the cake, and the casus belli, was Maduro's tolerance of drug running and destabilisation of more pro-US neighbours in Guyana and Colombia, who also host vast US investments. Unlike JFK or Bill Clinton, Donald Trump does not have an official court historian. But the echoes from previous eras are striking and they are being consciously evoked. In his first term, it was a portrait of the feisty Scots-Irish radical Democrat president Andrew Jackson - a favourite of Steve Bannon - who was on the Oval Office wall. This time around it is William McKinley, the president most associated with tariffs and the Spanish-American War of 1898. Indeed, American history from the turn of the last century is awash with examples of the US marine corps being deployed to Latin America to protect trade routes and commercial investments in banana republics. It is worth recalling here, too, the threats made last year to take back the Panama Canal due to the expansion of Chinese influence. Notably, these have receded, with the Panamanian government taking the heat out of the situation with the type of careful diplomacy Maduro was unable to perform.
But that is kind of the problem. Debates about the merits or otherwise of the so-called rules-based international order still have some theological and perhaps even practical value, but they should not consume any more of our energy than they already do. Britain and Europe - in whatever configuration - retain enough assets, including financial and cultural power, to have a considerable say in the shaping of international outcomes that matter to our security and prosperity. Some consequential moves have been made on UK and European defence. But there is still a way to go towards realising the radical implications of the arena in which we find ourselves. As such, the acid test for seriousness cannot be the extent to which our leaders are expected to express unyielding fidelity to the old religion, for a world which we are right to mourn, but is not coming back. It cannot be healthy, for example, that more energy is spent in European capitals assessing the legality of Maduro's toppling than on a post-mortem on the failure to mobilise frozen Russian assets in support of Ukraine at the most critical point in the war. And it is not enough to decry the ugly mercantilism now dominant in the most economically dynamic part of our hemisphere without developing our own version of economic and technological statecraft worthy of the name. The world has changed in ways that shake us to our foundations. Whether we like it or not, we must change with it.
The age of invasion: How Trump’s new global strategy will assert Washington’s hemispheric ambitions www.newstatesman.com/internationa... #trumpism #mercantilism
(my two cents) It is bizarre — but it’s a political, not economic, inconsistency: #Germany’s #mercantilism was embedded inside Europe; #China’s is seen as external and threatening.
China's outsized trade surplus is therefore a warning for those on both sides of the ledger. For Beijing, it re-emphasises the urgency of reviving domestic demand, not only to avert a deflationary spiral driven by overcapacity, but also to reduce its growing dependence on foreign consumers. For the West, and Europe in particular, it reinforces the need to craft a credible, long-term trade and industrial strategy. Indeed, where Chinese dumping or security risks are evident, swift and coordinated countermeasures are needed. China's latest milestone underscores its industrial power and the west's drift, but, above all, a trade imbalance that is growing ever harder for both sides to sustain.
The meaning of China’s $1tn trade surplus: Beijing’s latest milestone underscores its industrial strength — and growing economic imbalances archive.ph/aQDiu #communism #mercantilism #China
There is nothing that China wants to import, nothing it does not believe it can make better and cheaper, nothing for which it wants to rely on foreigners a single day longer than it has to. For now, to be sure, China is still a customer for semiconductors, software, commercial aircraft and the most sophisticated kinds of production machinery. But it is a customer like a resident doctor is a student. China is developing all of these goods. Soon it will make them, and export them, itself.
The only good solutions lie with Beijing. It could take action to overcome deflation in its own economy, to remove structural barriers to domestic consumption, to let its exchange rate appreciate and to halt the billions in subsidies and loans it directs towards industry. That would be good for the Chinese people, too, whose living standards are sacrificed to make the country more competitive. But outsiders have been requesting as much for decades. Whatever lip service may get paid to this, the Central Committee's recommendations for China's next five- year plan should temper any hope of change. Consumption is on the priority list, at number three. Items one and two are manufacturing and technology. That leaves one difficult solution and one bad solution for Europe. The difficult solution is to become more competitive and find new sources of value, as the US does with its technology industry. That means more reform, less welfare and less regulation: not because welfare and regulation are bad per se, but because they are unaffordable given the competition. Even that, however, will not be enough in a world where China offers everything cheaply for export and has no appetite for imports itself. There will simply be no alternative but to rely on domestic demand. Which leads to the bad solution: protectionism. It is now increasingly hard to see how Europe, in particular, can avoid large-scale protection if it is to retain any industry at all.
China is making trade impossible: Europe has nothing to offer and difficult decisions to make.
“If China does not want to buy anything from us in trade, then how can we trade with China?”
archive.ph/gcPXK By Robin Harding #nationalism #communism #mercantilism #trade #China
If #Europe wants sustainable prosperity, it needs to rediscover internal #demand — not cling to export #mercantilism.
Heiner Flassbeck takes on the latest report by #German Minister for Economic Affairs:
Making international comparisons without mentioning and criticizing the #mercantilism of surplus countries is #manipulative and perfidious.
www.relevante-oekonomik.com/2025/10/10/l...
Economic warfare and #mercantilism are the “solution”?
However, if you use #social systems to enforce economic policy, you are certainly doing something wrong.
🚨 #OpenAccess 🚨
This article is also available in #English
👇
doi.org/10.1017/ahss...
#mercantilism #diplomacy #animals #skystorians
#FX - #Mercantilism – CA-Surplus Obsession
Real Devaluation versus Fair Competition
Why the #krone is weak despite #Norway’s wealth
acemaxxanalytics.substack.com/p/real-deval...
self-proclaimed economists on #German entertainment TV have recently suggested that we should follow #Sweden's example:
Yet #reforms based on #mercantilism as a global concept that is both conservative and infinitely stupid, chart Heiner Flassbeck www.relevante-oekonomik.com/2025/08/30/k...
On 23 July, the US president issued an Executive Order 'Promoting the Export of the American AI Technology Stack'. It provides for US federal financing tools, such as 'direct loans and loan guarantees', 'equity investments' and 'co-financing' to promote the export of American AI technologies and […]
A couple of people mentioned that the 'Capitalism ~ a Zero-Sum Game?' episode was a bit dense and difficult to take in, so I've relaxed the edit a little and added some clarifications. #Capitalism #Mercantilism #Socialism #Economics #Economy #Society #WallStreet #ZeroSum #NonZeroSum
Read Paul T. Clarke’s new OA article on #policing, #war, #mercantilism, and the #frontier in Dutch #SouthAfrica:
bit.ly/47D7tyj
An #EU that has explicitly focused on “competitiveness” since the turn of the century is naturally one of the main opponents of the Trump administration -- European #mercantilism must be overcome as quickly as possible, chart Heiner Flassbeck
www.relevante-oekonomik.com/2025/08/08/t...
In their obsession with surpluses, #Europeans fail to understand that they have no argument against the American accusation of #mercantilism. You can't just stand up to a powerful partner and say: we want surpluses b/c we've always had #surpluses.
In their #obsession with surpluses, #Europeans fail to understand that they have no argument against the American accusation of #mercantilism. You can't just stand up to a powerful partner and say: we want surpluses b/c we've always had surpluses.
🚨🇺🇸Trump's tariffs on #copper imports in the United States from August 1 open a new era of #metal and #mineral #mercantilism completely different from the one we have lived through over the last 30 years, leading to🇨🇳China's dominance
Free to read
rebrand.ly/RE2737
Trump 2.0’s trade war revived mercantilism, but at what cost? Both US & China bled economically. Time to rethink zero-sum economics.
#TradeWar #Tradewar #Mercantilism
Read Full Article: stratheia.com/trade-war-2-...
#neo #mercantilism
#trade policies are described using war metaphors ("trade wars," "economic weapons"), framing economic relationships as battles rather than partnerships.
#Mercantilism does not work in the 21st century! Supply chains are already damaged from the pandemic. This is having a major impact on the availability of products that we need. Even #FoodSecurity could be compromised. These #tariffs from #trump need to STOP!
www.nbcnews.com/politics/eco...
Europe’s #Mercantilism versus New Tariffs as #Trade Taxes
Why doesn’t America devalue US #Dollar instead of applying #tariffs on the rest of the world?
acemaxxanalytics.substack.com/p/europes-me...
