alphacyberranger to World [email protected]English • 2 years agoCalls to tax the superrich grow as economic inequality surgeswww.aljazeera.comexternal-linkmessage-square97fedilinkarrow-up11.05Kcross-posted to: [email protected]
arrow-up11.05Kexternal-linkCalls to tax the superrich grow as economic inequality surgeswww.aljazeera.comalphacyberranger to World [email protected]English • 2 years agomessage-square97fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish1•2 years agoMercantilism was purely extractive, and thus completely immoral, I agree. However, trade does predate capitalism because capitalism was not a nominal economic system at the time and mercantilist countries traded with one another.
minus-square@[email protected]linkfedilinkEnglish1•2 years agoTrade is not barter. And if it involved coinage or it isn’t barter. It’s a form of market economy. Market Economy ≠ Barter
Mercantilism was purely extractive, and thus completely immoral, I agree. However, trade does predate capitalism because capitalism was not a nominal economic system at the time and mercantilist countries traded with one another.
Trade is not barter. And if it involved coinage or it isn’t barter. It’s a form of market economy.
Market Economy ≠ Barter