Which theory considers global wealth as static and, therefore, believes that prosperity depends on extracting wealth or accumulating it from others?

Capitalism is an economic system characterized by private ownership of means of production and the creation of goods or services for profit. In capitalism, wealth is not considered static; rather, it can be generated and expanded through innovation, investment, and market competition, which contrasts sharply with the mercantilist view of fixed wealth.

Socialism advocates for collective or governmental ownership and administration of the means of production and distribution of goods. It often aims for wealth redistribution and social welfare, focusing on equitable access to resources rather than viewing wealth as a static entity to be extracted from others, thus differing fundamentally from mercantilism.

Minimalism is a lifestyle choice that emphasizes simplicity and the reduction of material possessions. It does not pertain to economic theory in the context of wealth accumulation or extraction; rather, it focuses on personal values and consumption habits, making it unrelated to the concept of static global wealth as described by mercantilism.