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Capitalism seeks profit above all else, whereas Distributism seeks individual freedom in providing for man's material needs. Socialism sets itself apart from Distributism in its conception of the role of government; the nature, dignity and destiny of man; the right to private ownership and the status of economic freedom as a good in and of itself.
Distributism does not support the unbridled competition of dog-eat-dog capitalism, nor does it support the managed economy of socialist systems. Perhaps these examples will help answer that question.
Distributists seek the widespread distribution of the ownership of the means of production to any who desire such freedom.
The most efficient means of accomplishing this is by defending and protecting the right to private ownership.
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We understand that will entail differing viewpoints. Somewhere along the way, economics ceased being the activity by which mankind provides for its material needs and became a creature existing of its own right.
During any time and in any place where society derived its living from privately-owned means of production, Distributism was afoot! Distributism is not re-distribution of wealth, a staple of socialism.Most notably, in 1891, Pope Leo XIII issued the encyclical in response to the changing social landscape accompanying the Industrial Revolution.In it he speaks of the principle of subsidiarity which states that social and economic functions should, whenever possible, be managed by the least centralized or lowest order of society.Once the understanding of man's nature, dignity and destiny are removed from the foundations of economic theory and economic systems, those foundations will support nothing lasting or good.Note from Deacon Keith Fournier, Editor in Chief: We are pleased to present Matthew Pelicano's first article for Catholic online. Within that body of teaching called Catholic Social Thought, there are principles for building an authentically human and just society, a culture of life, culture of the person and a civilization of love.