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Distributism or Capitalism: Two Ways to Work – Part 2

This article is part of my posts on the economic system of distributism.  This is from practicaldistributism.blogspot.com which you can find here:

[see part one here]

“Next we come to what we term one’s competitors, that is, those producing or selling the same sort of product. Under capitalism such producers are pretty much the enemy. Though there is a certain amount of collaboration on shared concerns – such as lobbying the government on matters of interest for the entire industry – generally it is held that since it is the natural aim of each business to increase its income without limit, the success of one firm always comes at the expense of the other firms. Each is competing for as much market share as possible. And such an attitude flows logically from a concern solely with profit and “the amount of wealth accumulated by the dealer.” But if sellers and producers see themselves as supplying a need of the public, there is no reason why they cannot regard their fellow sellers and producers as partners in the same effort. Provided that sellers or producers make a profit sufficient to cover costs and provide for their livelihood, why should they wish that other sellers or producers of the same product suffer or go out of business?”

You can learn more about this issue here.

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