mercantilistic
- adjective
- /ˌmɜr.kənˈtɪl.ɪs.tɪk/
- Specialized
- For years now, we have been operating on an unsustainable platform of corporate subsidies, non-free market policies, and government support and stagnation in unsound financial vehicles in a mercantilistic economy.
Examples
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Now, the Japanese view U.S. actions as bullying, and American critics interpret Tokyo's policies as mercantilistic.
Academic text (1995) -
There was also a huge political shift in how we thought about economic power, money, and profit (which may be a consequence of shifting from mercantilistic thought to capitalistic thought, but I have reservations about that).
Blog text (32) -
In this sense, cultural synchronization with the United States' media system, specifically cable television, has been legitimated by the spreading of a profit-oriented, mercantilistic, and consumer culture.
Academic text (1991) -
Critics argue that the government's new trade policies are mercantilistic, aiming to protect local industries rather than promote free trade.
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The country's mercantilistic approach to foreign trade has sparked debates about its long-term economic sustainability.
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Many economists believe that a mercantilistic mindset can lead to increased tariffs and trade barriers that hinder global commerce.
Synonyms
Relating to the belief that a country gets richer by controlling trade
Surface Forms
Morphology
mercantilistic = mercantilism (transparent) = mercantile + istic
Direct adjectival formation meaning 'relating to mercantilism' via the common pattern of forming -istic adjectives from -ism nouns.
Etymology
Mercantilistic comes from mercantile, built on the root merc- meaning 'trade' or 'buy and sell', and you can see the same root in merchant and market. So, mercantilistic describes a way of thinking or a policy that puts trade and profit first.