The Era of Digital Mercantilism

[kreslik.news]

While many in the financial community and in the business world try to establish relevance by referring to blockchain, autonomous cars, and other avant-garde FinTech innovations, the world is steadfastly moving from digital mercantilism to a shared economy.

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In its most basic term, mercantilism is an economic regime that provides every advantage to the dominant or hegemonic country while victimizing the “colonized” nation or target economy. What is little recognized is that there are modern forms of mercantilism, such as digital mercantilism. Digital mercantilism constitutes the ... (read more)