Quote Originally Posted by Thatperson View Post
I'm quite new to this concept of neo-mercantilist but I would say that nationalism generally opposes unregulated capitalism, as it doesn't work in the itnerest of the nation, but in the interest of the capitalist.
Well yes and no. Yes in the idea that they opposed unregulated capitalism because they see it as "chaotic" and "disorderly." Why have 5 different shoe companies instead of just having one "good" one? It would be a waste of resources to them. Also because of the xenophobia, they dislike trading with other nations (hence the tariffs and subsidies to domestic businesses). That is another reason to dislike capitalism, because it is global and allows for the transportation of goods to another party without third party (the state) interference. So foreign businesses can trade together without the state being involved in the matter. So it's not just the interest of the capitalist but also the consumer because tariffs, subsidies, embargoes are harmful to the consumer.