| − | '''Distributism''' is an [[economic]] [[philosophy]], developed especially by two English [[Catholic]] writers, [[G.K. Chesterton]] and Hilaire Belloc. It advocates a society of widely distributed [[private property]]. It opposes both of the major streams modern economic thought, [[collectivist]] ([[communism]], [[socialism]]) and individualist (lassie faire capitalism). It advocates that property, in particular productive property, be neither held solely by the state, nor concentrated in the hands a few wealthy [[capitalist]]s and [[corporation]]s, but be rather in the hands of individual men and women, and families. | + | '''Distributism''' is an [[economic]] [[philosophy]], developed especially by two English [[Catholic]] writers, [[G.K. Chesterton]] and [[Hilaire Belloc]]. It advocates a society of widely distributed [[private property]]. It opposes both of the major streams modern economic thought, [[collectivist]] ([[communism]], [[socialism]]) and individualist (lassie faire capitalism). It advocates that property, in particular productive property, be neither held solely by the state, nor concentrated in the hands a few wealthy [[capitalist]]s and [[corporation]]s, but be rather in the hands of individual men and women, and families. |
| | One holding such position does not necessarily advocate a policy of [[confiscation]] to attain such a society. Part of achieving it may well be simply taking away the perks the government gives to big business. | | One holding such position does not necessarily advocate a policy of [[confiscation]] to attain such a society. Part of achieving it may well be simply taking away the perks the government gives to big business. |