Let's work those history muscles and see if we can nail it down to at least a specific decade while still trying to stay on the right side of the evolutionary theory literature
Let's work those history muscles and see if we can nail it down to at least a specific decade while still trying to stay on the right side of the evolutionary theory literature
c) would be the closest from what I know
The way I see it this Mercantilism much like capitalism is a system that finds its space between the cracks of established feudal social orders, but it finds this space because of a lack of technology on the part of the feudal ruler to effectively project their power across the same types of distances these merchant families could; whereas capitalism finds its toehold as the feudal social order starts to break down.
So I guess I would say they are parallels in-so-far as they both arose out of a (social? power?) vacuum left by the inefficiencies of the Feudal order, with those inefficiencies characterized by the differing historical circumstances of the two periods / geographic locations / loci of global power at the time (Mediterranean vs. North Seas)