ILikeBoobies, 1 year ago (edited 1 year ago) That’s a simplification Mercantilism had private ownership of production Capitalism is pay based on hours worked (only way to get rich is to work more hours than someone else)
That’s a simplification
Mercantilism had private ownership of production
Capitalism is pay based on hours worked (only way to get rich is to work more hours than someone else)