ABSTRACT OF PAPER

Title: neo-mercantilism and economic warfare
Author: NAKAYAMA Chikako


Neo-Mercantilism is a phase of international politics in the interwar period of the 20th Century for the strong tendency toward protectionism and other aggressive measures against other countries, using economy as weapon. It has been seen as a kind of economic warfare. Schumpeter once wrote that ‘The fact that the writer had no better name to offer for it than Neo-Mercantilism sufficiently shows that so far he has not succeeded in interpreting it to his own satisfaction’ (Schumpeter 1939. Business Cycle, p. 696). This was written where he discussed the concept of atavism, the revival of Mercantilist tendency skipping one generation of capitalism. He tried to figure out the characteristics of economic warfare, exploring critically the Marxian concept of imperialism. This paper focuses on these characteristics of Neo-Mercantilism, using Schumpeter’s ideas of Mercantilism, showed in History of Economic Analysis, as well as in other books as Business Cycle, Capitalism, Socialism, Democracy, and The crisis of Tax State. And it further investigates the context of Neo-Mercantilism, where international organization has been established and the free trade and international financial systems were structured according to the liberal principle in the world.

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