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'''Distributism''' is an economic philosophy, developed especially by two English Catholic writers, G.K. Chesterton and Hilaire Belloc. It takes inspiration partialy from the Social Magesterium of the Catholic Church, presented in Encyclicals such as Rerum Novarum and Quadragisimo Anno. It advocates a society of widely distributed private property. It opposes both of the major streams modern economic thought, both the collectivist (communism, socialism) and individualist (lassie faire capitalism). It advocates that property (in particular productive) be neither held soley by the state, nor concentrated in the hands a few wealthy capitalists and corporations, 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 soley by the state, nor concentrated in the hands a few wealthy capitalists and corporations, 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.