slaar said:Their revealed view of energy (read: oil) markets is pretty mercantilist.
the current republicans very clearly believe in grown not zero sum games. They believe in it enough to believe it will out weigh massive debt incursions.
The approach to private sector contracting in Iraq is also revealing. My guess is these attitudes, if unchecked, will/is translate(ing) in to other areas of the economy, especially those that profit from fixed resources. The Third world privitisation of public utilities may be another example. I'm not an economist but these endeavours seemed not to be about new economic growth, but a transfer in ownership (and therefore of wealth) of (from) existing assests.
But if I were set on US power "winning" in the 21st, I would get a team of the brightests economists to come up with a guesstimate of the capacity of the global economy (something to do with labour to capital ratios?), or have an evolving model of a growing global economy, and frame policy so that the US stayed ahead of the game. This isn't directly analagous to mercantilism, but they certainly won't be leaving it to the free market.