mercantilismn.

Brit.

/ˈməːk(ə)ntᵻlɪz(ə)m/,

/ˈməːk(ə)ntʌɪlɪz(ə)m/, U.S.

/ˈmərkən(t)əˌlɪz(ə)m/

Origin: Formed within English, by derivation; perhaps modelled on a French lexical item, or perhaps modelled on a German lexical item. Etymons: mercantile adj., -ism suffix.

Etymology: < mercantile adj. + -ism suffix, perhaps after French mercantilisme (1811 in sense 1, 1809 in sense 2) or German Merkantilismus (1816 or earlier). Compare earlier mercantility n. N.E.D. (1906) gives only the pronunciation (mə̄·ɹkăntəiliz'm) /ˈmɜːkəntaɪlɪz(ə)m/.

1. Belief in the benefits of trading; the principles or activities characteristic of traders; commercialism. (Often with pejorative connotation.)

ΘΚΠ

society > trade and finance > [noun] > principles and practice of

mercantilism1838

commercialism1849

1838 New Moral World 22 Dec. 142/2 The tone of the third phase is given by illusions in economy, a false and deceitful science, engendered by mercantilism.

1885 Cent. Mag. 31 311/1 Mercantilism is drawing into its vortex the intellectual strength of the nation. The energies of its most promising young men are enlisted in the pursuit of wealth.

1888 Harper's Mag. Jan. 272 The mercantilism which succeeded..feudalism.

1970 R. Stavenhagen in I. L. Horowitz Masses in Lat. Amer. vii. 268 Since then mercantilism penetrated even the most isolated villages of Spanish America.

1995 Independent 23 Jan. 14/1 We are on the side of liberalism. The EU is merely mouldy mercantilism.

2. Economics. The economic theory that a nation's wealth, esp. its ability to amass bullion, is increased by a favourable balance of trade, and that a government should encourage such a balance by promoting exports (esp. of manufactured goods) and restricting imports. Cf. laissez-faire n. Now historical.The principles and practices of mercantilism were common in Europe in the 16th to 18th centuries, but were criticized by economists such as Adam Smith (1723–90).

ΘΚΠ

society > trade and finance > [noun] > principles and practice of > system of economic doctrine > principles of

mercantilism1881

1881 Contemp. Rev. Nov. 792 Is it possible that merchants, bankers, [etc.]..should all be led astray by the sophism of ‘mercantilism’?

1885 Encycl. Brit. XIX. 364/2 It has been justly observed that there are in him [sc. Hume] several traces of a refined mercantilism.

1910 Encycl. Relig. & Ethics iii. 724/2 Broadly regarded, Mercantilism, in its most sensible form, was concerned with the utilization and regulation of foreign trade in the interests of national wealth and power.

1975 Times Lit. Suppl. 18 Apr. 432/5 Distinction between the older—employment and balance of payments orientated—mercantilism of the 1930s (which is still prevalent) and the new mercantilism based on the more widespread acceptance of the objective of economic growth.

This entry has been updated (OED Third Edition, September 2001; most recently modified version published online March 2022).

单词	mercantilism
释义	mercantilismn. Brit. /ˈməːk(ə)ntᵻlɪz(ə)m/, /ˈməːk(ə)ntʌɪlɪz(ə)m/, U.S. /ˈmərkən(t)əˌlɪz(ə)m/ Origin: Formed within English, by derivation; perhaps modelled on a French lexical item, or perhaps modelled on a German lexical item. Etymons: mercantile adj., -ism suffix. Etymology: < mercantile adj. + -ism suffix, perhaps after French mercantilisme (1811 in sense 1, 1809 in sense 2) or German Merkantilismus (1816 or earlier). Compare earlier mercantility n. N.E.D. (1906) gives only the pronunciation (mə̄·ɹkăntəiliz'm) /ˈmɜːkəntaɪlɪz(ə)m/. 1. Belief in the benefits of trading; the principles or activities characteristic of traders; commercialism. (Often with pejorative connotation.) ΘΚΠ society > trade and finance > [noun] > principles and practice of mercantilism1838 commercialism1849 1838 New Moral World 22 Dec. 142/2 The tone of the third phase is given by illusions in economy, a false and deceitful science, engendered by mercantilism. 1885 Cent. Mag. 31 311/1 Mercantilism is drawing into its vortex the intellectual strength of the nation. The energies of its most promising young men are enlisted in the pursuit of wealth. 1888 Harper's Mag. Jan. 272 The mercantilism which succeeded..feudalism. 1970 R. Stavenhagen in I. L. Horowitz Masses in Lat. Amer. vii. 268 Since then mercantilism penetrated even the most isolated villages of Spanish America. 1995 Independent 23 Jan. 14/1 We are on the side of liberalism. The EU is merely mouldy mercantilism. 2. Economics. The economic theory that a nation's wealth, esp. its ability to amass bullion, is increased by a favourable balance of trade, and that a government should encourage such a balance by promoting exports (esp. of manufactured goods) and restricting imports. Cf. laissez-faire n. Now historical.The principles and practices of mercantilism were common in Europe in the 16th to 18th centuries, but were criticized by economists such as Adam Smith (1723–90). ΘΚΠ society > trade and finance > [noun] > principles and practice of > system of economic doctrine > principles of mercantilism1881 1881 Contemp. Rev. Nov. 792 Is it possible that merchants, bankers, [etc.]..should all be led astray by the sophism of ‘mercantilism’? 1885 Encycl. Brit. XIX. 364/2 It has been justly observed that there are in him [sc. Hume] several traces of a refined mercantilism. 1910 Encycl. Relig. & Ethics iii. 724/2 Broadly regarded, Mercantilism, in its most sensible form, was concerned with the utilization and regulation of foreign trade in the interests of national wealth and power. 1975 Times Lit. Suppl. 18 Apr. 432/5 Distinction between the older—employment and balance of payments orientated—mercantilism of the 1930s (which is still prevalent) and the new mercantilism based on the more widespread acceptance of the objective of economic growth. This entry has been updated (OED Third Edition, September 2001; most recently modified version published online March 2022). < n.1838
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