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submitted 3 months ago by compostgoblin@slrpnk.net to c/memes@lemmy.ml

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[–] Cowbee@lemmy.ml 3 points 3 months ago (1 children)

No, the mode of production creates the ideology, not the opposite.

[–] MothmanDelorian@lemmy.world -2 points 3 months ago (1 children)

And Europe was mired in mercantilist systems. The government gave business permission to exist in many cases.

America was the first to institute capitalism, Europeans cane up with the philosophy but America put it into practice.

[–] Cowbee@lemmy.ml 1 points 3 months ago

Mercantilism is not distinct from Capitalism, but a form of it.