Many people seem to not want Capitalism or Socialism anymore.

[GennGreymane]

It seems that most rhetoric from the average worker now a days is to have mercantilism. It is seen by many as a way to protect jobs and keep the even foreigners away from them.

What Mercantilism is summed to be is economic nationalism, where the government heavily regulates trade with other nations. Mercantilism consisted of forbidding colonies to trade with other nations, monopolizing markets with staple port, banning the export of gold and silver, even for payments, forbidding, trade to be carried in foreign ships, subsidies on exports, promoting manufacturing through research or direct subsidies, limiting wages, maximizing the use of domestic resources, and restricting domestic consumption through non-tariff barriers to trade.

However, the biggest flaw of Mercantilism was its lack of efficiency. For example, due to not importing goods, you are indirectly or directly subsidizing inefficient industries. Inefficient industries tend to be produce goods at a higher cost and will therefore cost the regular person more money. Other issues include giving the government more power to regulate which would stifle competition.

Of course I could write a thesis on this, but I felt like giving a small blurb.

[Deleted]

The idea that everything must be as cheap as possible and available all year long is what brought us global warming, weakening of worker's rights, and child labor in third world countries.

If everyone started to consume the way western countries do the world would fucking collapse

We need to stop believing that mindless consumption is a right

[Deleted]

I don't think most people on this earth even know the difference.

People just want a job and income. That's why someone like Trump, who speaks a clear language, get's elected.

[Deleted]

I don't think most people on this earth even know the difference.

maybe they dont where u live

in my country we have schools

[Deleted]

yea but you keep the money in the country

[Deleted]

It seems that most rhetoric from the average worker now a days is to have mercantilism. It is seen by many as a way to protect jobs and keep the even foreigners away from them.

This isnt what people want... its just a consequence of what people are really after.

I would argue that people are really after now is simply breaking 'the establishment'. Or put another way, they want an end to Oligarchy.

Brexit was the first largescale smack in the face of the establishment. Then the US elections wanting rid of establishment Hillary. Even the popularity of Standing Rock is an example that the people are using it as a vehicle to stick it to the establishment also. Western countries are moving dramatically against their establishment leadership... its that simple.

Your observation of a 'Mercantile' economy is simply a consequence of where we are going and not the goal.

[GennGreymane]

yea but you keep the money in the country

But it doees not grow and tends to stay with the same people. Mobility is almost non existent. New businesses are rare as old ones would be subsidized.

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This isnt what people want... its just a consequence of what people are really after.

I would argue that people are really after now is simply breaking 'the establishment'. Or put another way, they want an end to Oligarchy.

Brexit was the first largescale smack in the face of the establishment. Then the US elections wanting rid of establishment Hillary. Even the popularity of Standing Rock is an example that the people are using it as a vehicle to stick it to the establishment also. Western countries are moving dramatically against their establishment leadership... its that simple.

Your observation of a 'Mercantile' economy is simply a consequence of where we are going and not the goal.

That is a good point. That may be the case.

[Dezerte]

The exploitation of cheap labor in developing & third-world countries does need to stop.

[Lynarii]

I think it's less a question of what people do or do not want, so much as a growing sense that the current 'way the world works' is not sustainable. Between things like environmental pressures, international companies, and the rise of automation in the workplace, the idea of a person being something like a steel worker your whole life and being able to provide a reasonable standard of living for yourself and your family is really a thing of the past, and there hasn't truly been anything better for people replacing it. People see a major shuffle being required in the future, and are afraid of what it might mean, so are looking for things to hold onto that they feel will protect themselves and their families as much as possible.

[Independent voter]

Most people don't understand capitalism or socialism, they just want good jobs. A job good enough to where they can buy a car and a house and have good health insurance.

They're concerned that they aren't doing as well as their fathers.

I guess that's capitalism mostly.

[zenkai]

It seems that most rhetoric from the average worker now a days is to have mercantilism. It is seen by many as a way to protect jobs and keep the even foreigners away from them.

What Mercantilism is summed to be is economic nationalism, where the government heavily regulates trade with other nations. Mercantilism consisted of forbidding colonies to trade with other nations, monopolizing markets with staple port, banning the export of gold and silver, even for payments, forbidding, trade to be carried in foreign ships, subsidies on exports, promoting manufacturing through research or direct subsidies, limiting wages, maximizing the use of domestic resources, and restricting domestic consumption through non-tariff barriers to trade.

However, the biggest flaw of Mercantilism was its lack of efficiency. For example, due to not importing goods, you are indirectly or directly subsidizing inefficient industries. Inefficient industries tend to be produce goods at a higher cost and will therefore cost the regular person more money. Other issues include giving the government more power to regulate which would stifle competition.

Of course I could write a thesis on this, but I felt like giving a small blurb.

Most kids just want to lay around smoke pot and play on their iphone while someone else does all the work.

[belleflop]

The exploitation of cheap labor in developing & third-world countries does need to stop.

But Americans like their cheap stuff! Negating the existence of a global economy will just bring about out of control inflation. The question I always pose to those with isolationist views when it comes to the economy is: Would you rather have cheap goods utilizing a global economy OR keep (force) jobs to stay in America and pay 4x as much for everything? Economist (even the conservative ones) say you can't have both. Which would you like to chose?

[GennGreymane]

Most people just want to lay around smoke pot and play on their iphone while someone else does all the work.

You give humanity too much credit.

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But Americans like their cheap stuff! Negating the existence of a global economy will just bring about out of control inflation. The question I always pose to those with isolationist views when it comes to the economy is: Would you rather have cheap goods utilizing a global economy OR keep (force) jobs to stay in America and pay 4x as much for everything? Economist (even the conservative ones) say you can't have both. Which would you like to chose?

Also there would be no guarantee of wages being higher in a mercantile styled isolationist economy.

[Azadina]

This isnt what people want... its just a consequence of what people are really after.

I would argue that people are really after now is simply breaking 'the establishment'. Or put another way, they want an end to Oligarchy.

Brexit was the first largescale smack in the face of the establishment. Then the US elections wanting rid of establishment Hillary. Even the popularity of Standing Rock is an example that the people are using it as a vehicle to stick it to the establishment also. Western countries are moving dramatically against their establishment leadership... its that simple.

Your observation of a 'Mercantile' economy is simply a consequence of where we are going and not the goal.

Yeah...To what end exactly? Brexit: to ramp up the UK establishment power into extreme, and in the case of Trump; to get rid of moderate establishment, and replace it with super monstrosity style establishment.

Well done. Totally getting rid of establishment by ramping them up further than anyone would have guessed.

[Deleted]

Yeah...To what end exactly? Brexit: to ramp up the UK establishment power into extreme, and in the case of Trump; to get rid of moderate establishment, and replace it with super monstrosity style establishment.

Im simply analysing whats happened.

Feel free to cry about it... doesnt change the fact thats whats happening all over the Western World.

The 99% have had enough and theyre biting back against the establishment.

[Celista]

TL,DR: most people don't understand the basics of economics.

Our economy would shrink to a fraction of what it was under mercantilism.

[GennGreymane]

Im simply analysing whats happened.

Feel free to cry about it... doesnt change the fact thats whats happening all over the Western World.

The 99% have had enough and theyre biting back against the establishment.

By allying with the establishment. It is kinda comical.

[Kalis]

Brexit: to ramp up the UK establishment power into extreme...

How do you come to that conclusion?

[Deleted]

By allying with the establishment. It is kinda comical.

Its obvious Trump represents a very different type of establishment Oligarchy. Hes certainly unconnected to the traditional establishment network. And this is proven by the fact that 'tools' of the establishment are making big efforts to discredit him and get him removed.

[GennGreymane]

Its obvious Trump represents a very different type of establishment Oligarchy. Hes certainly unconnected to the traditional establishment network. And this is proven by the fact that 'tools' of the establishment are making big efforts to discredit him and get him removed.

AS Trump would say




Also discrediting happens in every election. Happened to Muslim, Kenyan, Obama, and Mitt 47% Romney.