Peter Dicken Quotes
Mercantilism is based upon the idea that a nation's wealth and security depend upon its ability to regulate and control its external trade at the expense of others.
Peter Dicken, Geographer & Globalization Scholar, Global Shift, 2003
Sourced by: Eigen's Political and Historical Quotations
What was true in the 18th century seems to also be true in the 21th.
This is one of the earliest enumerations of the methods by which nations might rectify an imbalance of trade.
Republicans at that time were adamant protectionists and were violently opposed to free trade. They made a total flip flop on free trade after the Second Word War when the industrial capacity of all of the major industrial nations except America was completely emaciated. America still had production and there was huge money to be made from being the only nation that could deliver goods to the world. Meanwhile Germany, France, England, and Italy, our largest competitors could hardly manufacture for their own needs and could not compete in the American market. So the American corporations then wanted to become free traders.
Peter Dicken (born 1938) is an economic geographer whose research is primarily focused on the processes and patterns associated with globalisation. He joined the University of Manchester in 1966 following the successful completion of his MA from the same institution. He is currently an Emeritus Professor at the same university to which he has dedicated his academic life, continuing his research on global patterns of business and globalisation. His self-described area of research is:
