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  1. #71

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    Mercantilism is a financial theory practiced from the late middle ages through the reneissance up until the industrial revolution in some cases. The theory states that a countrys wealth is measured by its cash reserves, which meant that most countries were busy accumulating as much precious metals as they could get their hands on.

    Protectionism is still in effect in many ways though it is not as prevalent as it was in the early days of the industrial revolution. The idea is to control the import/export rate at almost any cost, to make sure that the value of exports always exceeds the value of imports. The most obvious legacy of this theory are Import taxes. And control of domestic ports would be a logical step in protectionism, and control of foreign ports is maybe a bit extreme but it sure would make it easier to control trade.

  2. #72

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    This issue has much to do with nationalism, but relatively little to do with defense.

  3. #73
    Odacon's Avatar
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    May 2005
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    Quote Originally Posted by Shawarma
    In other news, an Irish pub just opened down my street. I feel threatened by this, since Irish people are notorious terrorists and will undoubtably try to smuggle drunken IRA people into my house.
    The image of you stumbling across a drunken Provo in your house is priceless.

  4. #74
    Roidie McDouchebag's Avatar
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    May 2002
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    Mercantilism is a financial theory practiced from the late middle ages through the reneissance up until the industrial revolution in some cases. The theory states that a countrys wealth is measured by its cash reserves, which meant that most countries were busy accumulating as much precious metals as they could get their hands on.
    The Dutch East-India Company and the Hudson's Bay Company, and many other state sponsored companies setup to exploit wealth internationally and bring it back to the home country say that there was more to it than that.

  5. #75

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    muay thai noob
    A whats up? I have some questions to ask you all. Why would the US need a company thousands of miles away to control our ports? would bush be getting some kick backs or are the companies here greedy and dont want to check what comes off the ships?

  6. #76
    elipson's Avatar
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    Because its a free market dumbass and location is completely irrelevant to how well a company can run its operations. Contracts like these are awarded on capability and price, not on distance. If they didn't hire a US company, than none of them could do a capable job, or were willing to do a capable job for the price the UK company was offering. (UK company? What's he mean by that? If you don't know just admit it, and we can all see that you don't have any clue about what is actually happening here).

    Any other questions?

  7. #77
    Moleculo's Avatar
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    Perhaps we could, you know, check the contents of more than the LESS THAN FIVE PERCENT of the friggin shipping containers that come into the ports at least FIVE DAYS A WEEK.

    As an American that would make me feel safer than the TOTAL SHAM of "port security" that goes on now.

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