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In reply to the discussion: New Leader Of UK's Green Party: Nuclear Power Is The Betamax Of The Energy World [View all]Confusious
(8,317 posts)43. No, the theory hasn't existed for millennia
the form hasn't existed for millennia.
The dominant economic theory was Mercantilism.
Mercantilism is the economic doctrine that government control of foreign trade is of paramount importance for ensuring the prosperity and military security of the state. In particular, it demands a positive balance of trade. Mercantilism dominated Western European economic policy and discourse from the 16th to late-18th centuries.
Which is opposed to capitalism, which says the government should stay out.
Before that was feudalism, which is an economic and political theory in which only the rich are the aristocrats.
You really should read up on these things.
PS. just because you have a steam engine doesn't mean you have a internal combustion engine, though the two use some of the same parts.
Just because there is an exchange of printed money doesn't mean it's capitalism.
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New Leader Of UK's Green Party: Nuclear Power Is The Betamax Of The Energy World [View all]
Turborama
Sep 2012
OP
An example of a technology that has been relegated to being a historical artifact
Turborama
Sep 2012
#8
Right, so essentially: "I throw ad hominem attacks at writers who's work I don't read"
Turborama
Oct 2012
#16
LOL! So, if 3 people agree with Donald Trump that makes him correct about the President's BC?
Turborama
Oct 2012
#46
I thought the same thing when I read it -- superior performance undercut by cheaper and crappier
Brickbat
Oct 2012
#17
K&R But that was a very bad analogy. The leader of a political party really needs to be more
Egalitarian Thug
Sep 2012
#3