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Mercantil Ist
Whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

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last edited by BillSeitz on Aug 10, 2008 9:32 pm

aka

http://en.wikipedia.org/wiki/Mercantilism

Mercantilist tenets:

e.g. support for to protect [Trade Balance] ()

's [Invisible Hand] and liberal theory of economics gradually put an end to the dominance of mercantilism. Liberalism and mercantilism differed on one key issue. Mercantilism states that all the world's people must compete for the world's limited wealth. Adam Smith believed that wealth and trade was a game, which essentially means two parties involved in a transaction could each actually gain, because the exchanged items were more valuable to their new owners.

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