Economic Ideology and the Conservative Dilemma

14 / CHRONICLESnArab traders and the merchants of Genoa and Venice.nEnglish capitahsts and merchant adventurers (with thensupport of a sympathetic government) won the globalnstruggle for wealth and power during the mercantilist era.nExamples such as these abound. Economic historians donnot confine capitalism to merely the last two centuries. Thisnhistorical record . . .