Economic Nationalism | Vibepedia

Economic nationalism is an ideology that often utilizes protectionist policies like tariffs and capital restrictions. This approach stands in stark contrast to economic liberalism, which favors free trade and minimal state interference, and economic socialism, which emphasizes collective ownership. Proponents often view international trade as a zero-sum game, seeking relative gains for their own country. Historically, [[mercantilism]] is considered a key precursor, emphasizing the accumulation of national wealth and power through a favorable balance of trade. In contemporary discourse, economic nationalism fuels debates around globalization, supply chain resilience, and the strategic importance of key industries.