M
McatholicN
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Maybe not the right thread, but…
Could someone give me a good, clear definition of distributism?
Could someone give me a good, clear definition of distributism?
Distributism is the pursuit of wide ownership of productive property (a society in which people are part or full owners of companies people work in). Distributism is an attempt to encourage owner-operated businesses in society.Maybe not the right thread, but…
Could someone give me a good, clear definition of distributism?
I read the link and it told me nothing practical. It spent a lot of time slamming the current system, whatever you wish to call it, Capitalism or Laissez-faire Capitalism, but I was waiting for more than a vague description of an ideal.
Are you defining usury to be the collection of any interest at all on a loan, or only excessive interest? Because if you ban any and all interest on loans, then that would dry up the source of investment money completely. No one would loan to anyone else except as an act of charity. If I want to build a factory I would have to save up my money for years and years until I had enough to build the factory from my own funds. No one is going to lend me that kind of money without some promise of a return that is more than they invested.…Without usury, any investment of capital sums would have to be local because the return would be in the production of whatever enterprise was invested. It would not be simply interest…
You could, of course, build a coalition of owners requiring much less time to save up, right?If I want to build a factory I would have to save up my money for years and years until I had enough to build the factory from my own funds…
A coalition where all are equal participants? It is unlikely that I will be able to find enough like-minded people who want to commit to working on this project as their life’s work. What is more likely is I will find a good number of people who would like to be part of this endeavor, but the only thing they bring to the party is some money. Must I turn them away, saying “if you don’t want to make this your full-time job then you can have no part in it”? I won’t get many co-owners that way. But people may want to be co-owners in the sense that they can keep their day job and just “invest” in the project. But then they would be called “investors”, and their reward would be called “interest”, and we would be right back where we started with the existing system. I think the only viable definition of “usury” is one that recognizes the morality of reasonable loans while rejecting unjust and unreasonable ones.You could, of course, build a coalition of owners requiring much less time to save up, right?
Best offering so far, I would say.Distributism is the pursuit of wide ownership of productive property (a society in which people are part or full owners of companies people work in). Distributism is an attempt to encourage owner-operated businesses in society.
Distributists range widely on how they would like to see this sort of culture encouraged.
Hope that helps!
NapkinNice post dude and awesome definition you mentioned here. This is the way to expose to your ideas. Thanks for sharing such a nice thread.