Distributism Basics: Distributist Economic Society
This article is part of my posts on the economic system of distributism. This is from practicaldistributism.blogspot.com/ which you can find here:
“In the introduction to this series, I stated that distributism is not a middle ground between capitalism on the one side and socialism on the other. Distributism is not an attempt to compromise between them. Instead, distributism stands outside of and completely apart from those systems. The goal of distributism is not to negotiate a common ground between the two, but to establish something completely different and alien to both.
There are two things that must be stated at the beginning of this last article in the series. First is the admission that capitalism could be accomplished in a just way. I affirm the fundamental right to private property and assert that, just as personal freedom is best guaranteed if it includes economic freedom, economic freedom is best guaranteed if the ownership of the majority of productive property in a society is distributed among as many of its citizens as possible. However, I must admit that a form of capitalism that accepted the fact that economics is a sub-field of an ethical system that recognized the primacy of people in society as a whole over personal monetary or material gain could be a just system. It has at least the potential to be one for which there would be few grounds for complaint. The main problem with capitalism is that the philosophical foundation behind it is essentially a utilitarian view which allows people to separate economics from ethics and can result in tremendous injustices for the common man.”
You can learn more about this issue here.