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Distributism is a philosophy, developed especialy by two English Catholic writers, G.K. Chesterton and Hilaire Belloc, taking inspiration from the Social Magesterium of the Catholic Church (presented in Encyclicals such as Rerum Novarum and Quadragisimo Anno), it advocates a philsophy of widspread ''private property.'' It opposes both of the major economic philosophies of the Modern world both collectivist (communism, socialism) and individualist (lassie faire capitalism). It advocates that property (both personal and productive) be concentrated neither in the hands of the state, nor in the hands a few wealthy capitalists and corporations, but be rather in the hands of individual men and families. One holding this possition does not necessarily advocate a policy of confiscation to attain such a society. One part of acieving it may well be simply taking away the perks the goverment gives to big buisness. To a capitalist objection that such an ideal is contrary to free competition a Distributist might reply that competion within a regulated framework is good. But if unregulated a few individuals may gain control, and practicly eliminate competition, and so in the end, competion must not be alowed compleatly free reign in order that the true good of competition not be compromised.

Distributism is a philosophy, developed especialy by two English Catholic writers, G.K. Chesterton and Hilaire Belloc, taking inspiration from the Social Magesterium of the Catholic Church (presented in Encyclicals such as Rerum Novarum and Quadragisimo Anno), it advocates a philsophy of widspread ''private property.'' It opposes both of the major economic philosophies of the Modern world both collectivist (communism, socialism) and individualist (lassie faire capitalism). It advocates that property (both personal and productive) be concentrated neither in the hands of the state, nor in the hands a few wealthy capitalists and corporations, but be rather in the hands of individual men and families. One holding this possition does not necessarily advocate a policy of confiscation to attain such a society. One part of acieving it may well be simply taking away the perks the goverment gives to big buisness. To a capitalist objection that such an ideal is contrary to free competition a Distributist might reply that competion within a regulated framework is good. But if unregulated a few individuals may gain control, and practicly eliminate competition, and so in the end, competion must not be alowed compleatly free reign in order that healthy competition not be maintained.