No.236
What does /monarchy/ think of mercantilism as an economic policy?
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No.242
I think it's a good way to keep the foreign products that aren't needed of the market.
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No.246
>>236
'Tis a good economic policy
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No.269
Particularly great for fucking over pesky greeks
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No.332
I think it's a terrible policy, and any monarch of a thassalocracy like Great Britain and the Netherlands were realized this. Free trade is absolutely necessary not only for modern economic growth, but in maintaining public and governmental interest in the direction of a ever more non-interventionist foreign policy.
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No.338
>>332
Your paleoconservatism is showing.
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No.350
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No.353
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No.377
>>353
Basically, OP has been playing way too much EUIV and wants it to be real life now.
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No.392
>>236
What is the difference between mercantilism and simply non-industrial merchant capitalism?
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No.411
>>338
>paleoconservatism
Paleoconservatism isn't big on free trade though.
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No.700
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No.710
>>236
Visitor from /liberty/ here. Mercantilism is inferior to free trade.
First of all, there's the theory of comparative advantage. Even if your own country produces everything better than your trading partner, you both benefit from trade. Say you're thrice as good at producing cars and two times as good at producing milk as Ruritania is. In this scenario, you both benefit if you import milk from Ruritania and focus on producing cars, because that's what you're best at. In the same vain, it would make sense for Superman to get himself a gardener. The gardener will take an hour for the whole garden, while Superman will do it in a minute, but as Superman is even better at fighting crime than at gardening, it makes sense for him to spend this one minute fighting crime. Weird example, but I think it demonstrates the principle.
The theory of comparative advantage also answers what will happen to your domestic industries and jobs. The capital and workers will be freed, so they can instead work in a more productive venture. It will take a period of adjustment, and in that time, you may see some unemployment, but in the long run, total wealth will rise, and so will real wages. The best thing to do is to entrust private institutions to take care of the workers that need to adjust, something that will become easier the wealthier your economy gets. Closing off your market to keep your jobs and industries, on the other hand, will cut you off from all the advantages of foreign trade.
More complicated is the problem of currency leaving the country, but mostly because people aren't used to thinking about the monetary system. The mercantilist case is roughly that if half your currency leaves the country, you've lost half your wealth. However, that isn't true. What you lost in currency, you make up in real goods. It's true that your neighbor then initially has a higher purchasing power than you, but as he buys goods from you in return, this disparity ceases.
Another aspect of mercantilism are the monopolies and cartels, but I don't think anyone nowadays would dare defend them. They're more of an embarassment to any theories in the tradition of mercantilism, really. Some people love government, others love business, but no one likes it when the two intermix.
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No.898
Mercantilism is dependence on the sea powers, which is dependence on oligarchs, which are inherently opposed to monarchs. The ideal system for monarchy is agrarian, with peasant communes that are self sustaining, and need little outside influence.
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No.899
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No.967
>>236
I appreciate the virtue of keeping out unneeded foreign influence and reducing foreign shares in domestic markets. However it mathematically doesn't always work well, and specialization means reduced losses in the long run. Still it's only fine to an extent. Because now the international market has a tendency to create demand for unnecessary goods.
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No.1253
>>236
Good, seeing as (((free market))) somehow always ends in China leaving hollow husks because your people can't compete against bugmen working for a dollar per month
Every native should be untaxed, imports and foreigner should have an "alien tax" on them 15% would be enough.
Local companies outsourcing should have 150% instead.
basically economic ethnonationalism.
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No.1257
>>1253
>Comparative advangage doesn't real
>Implying outsourcing would be a problem without tariffs
>Unironically le ethnostate
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No.1258
>>1253
Also:
>Thousands upon thousands of pages of regulations
>Fiat currency
>Central banking
>All gold in private hands confiscated by the government
>Welfare state fueled by the better part of the national income
>Progressive taxation
>Total taxation reaching up to 70% of income
>State sucking it up to the unions
>Free Market
Art thou for real?
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No.1259
>>1257
>unironically muh moniez
Did you sell your family for organs because they don't pay dividends?
>>>/treblinka/
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No.1260
>>1259
If you don't care about wealth at all, then why do you object to the Chinese stealing your jobs and all the firms leaving your country?
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No.1261
>>1260
>If you don't thinkacquisition of money is the #1 goal of existence you should be poor
Money is a tool, to make your family, your tribe or your nation better.
Not a high score meter where only thing that matters is having a larger number on screen.
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No.1262
>>1261
>If you don't thinkacquisition of money is the #1 goal of existence you should be poor
I didn't say so. Nothing I said can be construed to mean that. You're an idiot, and you cannot read.
>Money is a tool, to make your family, your tribe or your nation better.
Go to /pol/, take your virtue signaling with you. Free trade benefits everyone, including your family, your nation, and your """tribe""". You don't have a tribe. No one does anymore. Stop larping, kid.
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No.1264
>>1262
>free trade benefits everyone
Along with free movement of people? (^:
After all, gotta get all those rocket scientists from Kongo or Nigeria
Truly my life would've been a nightmare if not for PRC imports, i sure do love the free market where every national industry was basically given away for free to foreigners because (((brilliant economists)))
>nothing i said can be constructed to meant that
except
<le ethnostate
Because people associating with those who sound, look, dress and often think similar while excluding outsiders is very racist and xenophobic.
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No.1319
>>1264
>Along with free movement of people? (^:
Was that the topic? I don't think it was. I said free trade was beneficial, you said nothing to disprove that. Except switch the topic to immigration, but I'm not playing that stupid game. If you want to disprove what I said, show to me how the mercantilist theories about trade balance are correct and why Ricardos theory of comparative advantage is wrong. Everything else is irrelevant, emotional drivel.
>le ethnostate
>Because people associating with those who sound, look, dress and often think similar while excluding outsiders is very racist and xenophobic.
That's not my problem with it at all, and your hysteria makes me think you're a woman. Are you a woman? Then stop acting like one, Britney.
No, I hate the ethnonationalism-meme because nationalism is an invention of the French Revolution. It's top-down control of the culture by the state that leads to a homogenization of regions that are genuinely diverse. People stop being Prussians, Bavarians and Saxons and just become "Germans". What kind of Germans? Whatever kind the politicians in charge have deemed the correct type of German.
The Ancien Régime had no problem dealing with different ethnicities. In fact, the royal families were as cosmopolitan as it got. The current ruling family of England had German roots. The house changed its name from Saxen-Coburg und Gotha to Windsor to accomodate the plebeians during World War 1. Does that sound right to you? It should, ethnonationalism and all that. But then don't pretend to be a proper reactionary.
The Hapsburgs ruled over probably a dozen ethnicities, no problem. Czechs, Germans, Austrians, Ukrainians, they all got along quite well, and they all preserved their culture. The whole thing didn't blow up until the the Dual Monarchy was dissolved and power given to "the people". That's when everyone started hating each others guts.
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No.1321
>>1319
Why does free trade lead to homogenization and "McDonaldization" of everything with Walmarts pushing out local businesses?
>inb4 not real free market (^:
What's stopping (((certain groups))) from amassing incredible power through capital earned in the free market and then conspiring against everyone, funding McEducation to keep people retarded and docile?
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No.1322
>>1319
I agree with all the arguments you make about ethnonationalism, but you (and your fellow anarchists) simply leave out the one glaring, unavoidable fact of true reactionary monarchy; that by its very nature, it was an authoritarian ideology. It vested power in a state based on a natural hierarchy, and in fact vested the power of that state into the hands of a single individual. Other individuals held power only as much as that sovereign did. This is not only just but also reasonable; it maximizes state efficiency, minimizes populism, and is congruent with the will of God. It is natural for societies to form governments, as evidenced by the fact that every non-Negronic society has done so.
That doesn't mean that smaller, more intimate and familiar local governments and leaders can't exist, it simply means that they exist and exercise authority so far as they are allowed to by their superior. An ethnically homogeneous state is a republican idea for sure, but the existence of a state certainly isn't.
As for the question of free trade, as I already said, the monarch is an extension of the state, and vice versa. It is within the best interests of both the monarchy and the people he governs for him to restrict the majority of wealth to within the kingdom's borders and within the hands of his own subjects. Free trade essentially prioritizes individual wealth (the wealth, that is, of a few individuals with the ability to trade internationally) at the expense of both the monarch's state and the majority of the monarch's subjects, which are the only two types of wealth the monarch would or should care about preserving and maximizing.
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No.1323
>>1321
>Why does free trade lead to homogenization and "McDonaldization" of everything with Walmarts pushing out local businesses?
Because people - especially poor people - value these services more than local businesses. But I take it you're the exception, and don't ever go to the mall?
Also, because the costs of having your own business are too high, there's too much regulation in place, and you need licenses for everything. That is probably not the main reason, but it plays a role.
>inb4 not real free market (^:
Real fucking funny, Hannah. Anticipating an argument does not defeat it.
>What's stopping (((certain groups))) from amassing incredible power through capital earned in the free market and then conspiring against everyone
What's stopping them from (((doing))) it (((now)))?
<See how annoying that is? You fucking child ;-D
You assume that entrepreneurs and capitalists will stop conspiring once we give the political rulers the proper tools to join in on the fun. You're also assuming that there's a monopolization tendency on the market (why?) but not in a system of economic interventionism (why not?).
>funding McEducation to keep people retarded and docile?
For one, this has never happened before. States have frequently done that after compulsory education was invented. Do you expose compulsory education, too? Or is indoctrination only bad when it's privatized?
I've noted that you had nothing to say on the much longer second part of my argument. Picking the parts that are supposedly easy to refute, aren't we?
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No.1329
>>1322
>I agree with all the arguments you make about ethnonationalism, but you (and your fellow anarchists) simply leave out the one glaring, unavoidable fact of true reactionary monarchy; that by its very nature, it was an authoritarian ideology. It vested power in a state based on a natural hierarchy, and in fact vested the power of that state into the hands of a single individual. Other individuals held power only as much as that sovereign did. This is not only just but also reasonable; it maximizes state efficiency, minimizes populism, and is congruent with the will of God.
That was only the absolutist conception of the state, which Philip the Fair and some others took from the Romans. Even after it became predominant, it was seen as self-evident that the power of the king was not truly unlimited. Sure, the entire sovereignty was vested in him, whereas before, it was distributed among all members of society, but the conception of rights wasn't positivistic and the king was supposed to exercise his rule according to justice and the divine laws. So even from a legalistic perspective, absolute monarchy was far more liberal than the status quo is. And in practice, the absolute monarchies were still more liberal than most of their republican or democratic counterparts, and largely remained so even after they got infected by the ideas of the French Revolution.
I don't see what's supposed to be authoritarian about monarchy, then. Unless we see the right to vote and to get elected as exercises of freedoom, which they aren't.
>It is natural for societies to form governments, as evidenced by the fact that every non-Negronic society has done so.
Every society had hierarchies, a law, but not . Pennsylvania under the Quakers had no government had all, and what Iceland and Ireland had at around the 10th Century hardly qualifies for a government. I've heard somewhere that Israel was also very anarchic. Every element of the government was missing somewhere, in some place. Hierarchy and leadership make no government, neither does a law make the government, and these are the only two elements of a society that I can see which aren't superfluous.
>As for the question of free trade, as I already said, the monarch is an extension of the state, and vice versa. It is within the best interests of both the monarchy and the people he governs for him to restrict the majority of wealth to within the kingdom's borders and within the hands of his own subjects.
That is not what protectionism does, however. When two countries trade, they're both better off. Even when one country is vastly superior to the other in all its industrial capacities, both will benefit from the trade. They both gain certain articles cheaper than they otherwise would, and hence have more resources left to develop their own economies in ways they otherwise couldn't.
Maintaining a trade balance, as the mercantilists claimed governments should do, is also unnecessary. Even if 90% of a country's money stock left it due to foreign trade, wealth would not decline, because other goods entered it. In fact, wealth would be far greater after that exchange even though the total stock of money was reduced to 10% of what it was. This creates an initial purchasing power disparity, but that is soon fixed by the market as money then flows back from the country with the increased money supply to the one with the decreased supply.
>Free trade essentially prioritizes individual wealth (the wealth, that is, of a few individuals with the ability to trade internationally) at the expense of both the monarch's state and the majority of the monarch's subjects, which are the only two types of wealth the monarch would or should care about preserving and maximizing.
Economics is not a zero-sum game. Sure, the merchants and traders benefit more than anyone else, but everyone else also benefits. Obviously, they benefit in their role as consumers (and everyone is a consumer most of the time), and more resources are left over that can be used to develop domestic capital.
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No.1330
>>1323
>>funding McEducation to keep people retarded and docile?
>For one, this has never happened before.
Bill gates IS NOT taking any effort or investment in common core as well as video games.
>What's stopping them from (((doing))) it (((now)))?
great misuse of echoes. Good thing you accept that Jews are naturally more intelligent, and coherent as a society therefore it's only natural for them to succeed in free market environment!
i don't assume they will be stopped from conspiring, but the conspiracies will be easier to defeat.
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No.1331
>>1330
>Bill gates IS NOT taking any effort or investment in common core
Which actually reinforces what I said. This works only because we have a public schooling system. Without it, he'd have to influence enterprises that are run on a profit basis, or on the principle of charity. Neither would readily adopt common core, because it's evident that this system is crap except to professional teachers.
>as well as video games.
Video games are education now?
>great misuse of echoes.
Oh no. I misused a meme. You must be devastated.
>Good thing you accept that Jews are naturally more intelligent, and coherent as a society therefore it's only natural for them to succeed in free market environment!
Where did I say that?
>i don't assume they will be stopped from conspiring, but the conspiracies will be easier to defeat.
And you don't consider that a state active in the economy and in education is what allows most of these conspiracies in the first place?
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No.2564
>>377
There's nothing wrong with that.
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No.2565
>>1258
Why hasn't this received a response yet?
>>1264
>Along with free movement of people?
Unironically yes.
>i sure do love the free market where every national industry was basically given away for free to foreigners
>every national industry
This argument seems legit.
>>1319
>Was that the topic? I don't think it was. I said free trade was beneficial, you said nothing to disprove that. Except switch the topic to immigration, but I'm not playing that stupid game.
To be fair, if labor is considered something that can also be traded (which I don't think is too far-fetched in a global economy), then it's not too unreasonable to take that leap.
>What kind of Germans?
Or in the case of the French, the Britons, Occitans, etc.. Whole languages wiped out.
>>1322
>and your fellow anarchists
I have to be a fucking anarchist to argue for free trade now? Jesus fuck. Am I the only moderate on this planet anymore?
> It is within the best interests of both the monarchy and the people he governs for him to restrict the majority of wealth to within the kingdom's borders and within the hands of his own subjects.
Out of curiosity, what weird narrative do you have for the Netherlands?
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No.2574
>>2565
>Out of curiosity, what weird narrative do you have for the Netherlands?
/monarchy/ board policy: with jews, you lose!
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No.2576
>>2574
I don't recall that board policy.
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No.2578
>>2576
/monarchy/ has been the 2nd worst to jews, and maybe for a good reason.
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No.2579
>>2578
What is the ->Kingdom<- of David?
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No.2581
>>2579
The exception to a rule.
And Israel split in half after that, for all I know. They demanded a king and got a king.
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No.2582
You see, Jews needed the Kingdom of God and the SPIRIT, as they could not survive on behalf of the LAW.
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No.3650
>>332
>economic growth
Can't have indefinite economic growth.
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No.3817
>>3650
You're half right. Presuming you have sound monetary policy, and not Keynesian fiat shit, indefinite economic growth is not necessary for a functional economy. However, insofar as the economic growth is legitimate, it's certainly desirable, as it's driven by technological growth and will only increase the standard of living of your subjects. In answer to OP, this guy >>710 gets it right, comparative advantage is best.
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