What's the Difference Between Capitalism and Mercantalism?

The chinese state is so successful that most of the world's production has moved to china. And if you go to, meaning high income zib codes, mean people who push paper around and get paid for it,. If you go to the former manufacturing regions of the u sy, see just incredible levels of decay and emptiness. It's very hard just for anyone to say on a basically empirical level, when they look at a crumbling country which has lost its industryis to say, our economy is doing great.