this post was submitted on 26 Aug 2023
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Hard agree, but it was mercantilism not capitalism. Distinctively different due to reliance in trade circles, colonial holdings and exploitation of overseas resources.
Which is proto capitalism.
Mercantilism is when the rich have sugar, capitalism is when you have too much sugar.
Can confirm, gotta cut back on my sugar intake
Well, kinda not really. Capitalism and free trade spawned in opposition of mercantilism.
Idk exploitation of overseas resources is more efficient an widespread than ever.
As is reliance on trade circles. I literally just read an article about how climate change is threatening the Panama Canal, as well as heavily trafficked rivers like the Mississippi and the Yangtze, which would have a huge global impact.
We also still have colonial holdings, and even the places that aren't colonies anymore are still exploited