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Hobbes indeed borrowed a great deal from contemporary accounts of how to increase a nation's prosperity - the literature of the movement subsequently known as mercantilism .
The rise of Britain can be attributed, Ormrod argues, largely to successful and sustained mercantilism .
Privateers operated within the political economy of mercantilism , which recognized the expansion or protection of a nation's trade as a legitimate purpose of war.
Unlike the Saskatchewan approach to canola, Smith is a proponent of a cooperative mercantilism that develops local advantages and creates strong social networks regionally to provide benefits locally.
Regulation then as now is a form of mercantilism that benefits some at the expense of others.
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