| King George wanted to forcefully impose British mercantilism on the colonies. |
| But even if the logic of mercantilism was correct, this strategy could never work if all nations tried to follow it simultaneously. |
| Regulation then as now is a form of mercantilism that benefits some at the expense of others. |
| The rise of Britain can be attributed, Ormrod argues, largely to successful and sustained mercantilism. |
| Colbertism was an extreme form of mercantilism built around war financing schemes, high taxation, and central planning. |
| Under mercantilism, everyone sought the advantages of being an exporter, because having a trade surplus meant that wealth was accumulating. |
