Companies should also be localized as much as possible. Large hedge funds with no organic connection to a town business should not be able to buy out and sell off assets for profit, and leave the town without employment. Local businesses tied into the community should be favored over large faceless corporations just out to seek profit without thought.
Ironically to have a free market you need good government regulation and a size limit to corporations, in fact you would need to have disincentives to grow a company beyond a certain size. Companies that grow big are the major cause of big government, and they are more politically powerful than the average citizen.
Free markets have never existed. Markets are very quickly dominated by particular classes. Free markets produce corporations of unlimited size, that crush smaller scale business, the large corporations and financiers then dominate Big government.. There is no such animal as a free market.
I'm not a catholic, but am a Christian in a general sense, go to a baptist church. I really do like distributist thought. Its very similiar to mutualist economics which I also like. I'm creating my own socio political economic theory I call cooperativism. I borrow alot from mutualism and distributism.
Good video. I would say that under distributism you are using regulation to ensure capital and land distribution.
Under socialism you have the concentration of land and capital by the state.
In capitalism as it has flourished you see concentration of capital and land in fewer and fewer private hands.
Basically the state and the successful capitalist are on the same side. Hudge and Gudge vs. Jones to reference Chesterton. Belloc in Servile State has much the same view. It's on my page.
American Capitalism is a viral, awful, form of capitalism in which greedy corporations are funded and exploit third world countries. The good capitalism was before 1930s, before FDR's New Deal!
You are adhering to the Dorthy Day version of Distributism, NOT the Chesterton version. To simplify Distributism it is a free market system where the family is the central theme, rather than the individual in capitalism or the collective in socialism. It is having a free market and making private property the goal. Another word for Distributism in my opinion is American Capitalism. Early settlers came to America for 1 reason - land. It is one of the five killer apps of why America was great
1)' It is having a free market and making private property the goal.'
That's the goal of capitalism which is materialistic.Distributism's goal is to serve nations who should in turn serve God.Serving God must always be the end result of distributism and that is going to be automatic and pleasant because it is God tWho vreated distributism by His lwas.,
2)'Another word for Distributism in my opinion is American Capitalism.'Wrong.America's always been a capitalist country.
1)' It is having a free market and making private property the goal.'
That's the goal of capitalism which is materialistic.Distributism's goal is to serve nations who should in turn serve God.Serving God must always be the end result of distributism & that is going to be automatic and pleasant because it is God Who created distributism by His laws.,
2)'Another word for Distributism in my opinion is American Capitalism.'Wrong.America's always been a capitalist country
Good video...People think that Capitalism a machine that if you press the button it will just work. People have to actually give a damn about each other.
I reject socialism because it steels property and gives it to the gov. so a few people have control over you. Capitalism has its problems to. Business make money for profit; not quality of goods or services. Profit is OK accept when people want money over the sake of others well being. Humans are more important then money.
Join me on Facebook to further the discussion. That's Salvdor Limone. I also have a website devoted to distributism. Hope to see you soon.
@paxcoder To a distributist, "capitalism" does not mean private ownership, but rather a condition where ownership is limited to a very small and elite group of the rich who do everything in their power to interfere with true competition by destroying it through collusion and cornering markets. Distributism has been tried and worked has worked in history (think medieval culture and guilds and the distributist Spanish experiment in Catlan).
@HammerofHeretics When I think of middle ages, I think feudalism. And when I think of guilds today, I think of monopolies. In fact, I can trace some (like book publishers) back to middle ages. Those thoughts are negative. Any comments?
You are right when you say that the Church needs to address economics as an ethical issue, and must emphasize that aspect. I believe it was Peter Kreeft, who authored the book Catholic Christianity who pointed out that the Church is concerned with the potential for immorality in both kinds of economics. What the Church has to emphasize is the ethics posed by Christ that one should not store one's treasures here on Earth, because you simply can't take it with you into the next life.
Monopolies can only exist if government both allows and helps them to do so. In fact, there has never, in history, been a private monopoly. They're all public services, mainly in the form of utilities, such as electrical companies, water and sewage, but also the Federal Reserve is a monopoly; the British East India Company was a monopoly, as was the Dutch East India company. Militaries are also monopolies. In each instance, gov is involved in their creation and protection from competition.
Also, when an investor is buying stock in a company, he's not just buying paper. He's buying ownership into the company. In exchange he's giving capital in the form of money to the company to use as they will in order to make the company more successful. True, some investors buy and then sell within hours, trying to manipulate prices, but most who are willing to invest millions in a company give it at least a year to see a return on investment. That money hires people and expands the company
@MikeTMerciless You might want to lean about trusts in America back before the anti-trust act. Monopolies were as public then as Walmart is now, but Walmart is not own by the state. Water and the like are run by oligopolies which are different from monopolies. Some things are best run by the state like the police and the fire department. (The fire department started out with privet businesses) The point is; local is better and decentralization is more personal but not in everything.
To answer the question think of it this way. Money is man made. We should not be enslaved to money. This is a tool for a greater good. If the system doesn't work then it should change. What we want is all needs provided through work. All people are valued and if can work should. They should be given a living wage and allowed to earn there way in ownership of something productive like land for growing food. People should supplement there income by making their own goods. Continue
Companies should also be localized as much as possible. Large hedge funds with no organic connection to a town business should not be able to buy out and sell off assets for profit, and leave the town without employment. Local businesses tied into the community should be favored over large faceless corporations just out to seek profit without thought.
Staarker99 2 weeks ago
Ironically to have a free market you need good government regulation and a size limit to corporations, in fact you would need to have disincentives to grow a company beyond a certain size. Companies that grow big are the major cause of big government, and they are more politically powerful than the average citizen.
Staarker99 2 weeks ago
Free markets have never existed. Markets are very quickly dominated by particular classes. Free markets produce corporations of unlimited size, that crush smaller scale business, the large corporations and financiers then dominate Big government.. There is no such animal as a free market.
Staarker99 2 weeks ago
I'm not a catholic, but am a Christian in a general sense, go to a baptist church. I really do like distributist thought. Its very similiar to mutualist economics which I also like. I'm creating my own socio political economic theory I call cooperativism. I borrow alot from mutualism and distributism.
Spillers72 3 months ago
Good video. I would say that under distributism you are using regulation to ensure capital and land distribution.
Under socialism you have the concentration of land and capital by the state.
In capitalism as it has flourished you see concentration of capital and land in fewer and fewer private hands.
Basically the state and the successful capitalist are on the same side. Hudge and Gudge vs. Jones to reference Chesterton. Belloc in Servile State has much the same view. It's on my page.
francispearson 4 months ago
American Capitalism is a viral, awful, form of capitalism in which greedy corporations are funded and exploit third world countries. The good capitalism was before 1930s, before FDR's New Deal!
hnelsonn0123 4 months ago
@hnelsonn0123 you must wish for Calvin C. again . (I do)
realhxq 3 months ago
You are adhering to the Dorthy Day version of Distributism, NOT the Chesterton version. To simplify Distributism it is a free market system where the family is the central theme, rather than the individual in capitalism or the collective in socialism. It is having a free market and making private property the goal. Another word for Distributism in my opinion is American Capitalism. Early settlers came to America for 1 reason - land. It is one of the five killer apps of why America was great
SaukValleyTeaParty 8 months ago
@SaukValleyTeaParty
1)' It is having a free market and making private property the goal.'
That's the goal of capitalism which is materialistic.Distributism's goal is to serve nations who should in turn serve God.Serving God must always be the end result of distributism and that is going to be automatic and pleasant because it is God tWho vreated distributism by His lwas.,
2)'Another word for Distributism in my opinion is American Capitalism.'Wrong.America's always been a capitalist country.
PolskiNarodowiecND 5 months ago
Comment removed
PolskiNarodowiecND 5 months ago
@SaukValleyTeaParty
1)' It is having a free market and making private property the goal.'
That's the goal of capitalism which is materialistic.Distributism's goal is to serve nations who should in turn serve God.Serving God must always be the end result of distributism & that is going to be automatic and pleasant because it is God Who created distributism by His laws.,
2)'Another word for Distributism in my opinion is American Capitalism.'Wrong.America's always been a capitalist country
PolskiNarodowiecND 5 months ago
Your cool. Keep up the good work. I am very impressed with this as well as other of your videos.
francispearson 8 months ago
Good video...People think that Capitalism a machine that if you press the button it will just work. People have to actually give a damn about each other.
jcmartin66 10 months ago
Good summary
jbryant13 1 year ago
I reject socialism because it steels property and gives it to the gov. so a few people have control over you. Capitalism has its problems to. Business make money for profit; not quality of goods or services. Profit is OK accept when people want money over the sake of others well being. Humans are more important then money.
Join me on Facebook to further the discussion. That's Salvdor Limone. I also have a website devoted to distributism. Hope to see you soon.
slavadorlimone 1 year ago
Isn't distributism a model of economics applicable to capitalism? Shouldn't we have proof of it working by now?
paxcoder 1 year ago
@paxcoder To a distributist, "capitalism" does not mean private ownership, but rather a condition where ownership is limited to a very small and elite group of the rich who do everything in their power to interfere with true competition by destroying it through collusion and cornering markets. Distributism has been tried and worked has worked in history (think medieval culture and guilds and the distributist Spanish experiment in Catlan).
HammerofHeretics 11 months ago
@HammerofHeretics When I think of middle ages, I think feudalism. And when I think of guilds today, I think of monopolies. In fact, I can trace some (like book publishers) back to middle ages. Those thoughts are negative. Any comments?
paxcoder 11 months ago
You are right when you say that the Church needs to address economics as an ethical issue, and must emphasize that aspect. I believe it was Peter Kreeft, who authored the book Catholic Christianity who pointed out that the Church is concerned with the potential for immorality in both kinds of economics. What the Church has to emphasize is the ethics posed by Christ that one should not store one's treasures here on Earth, because you simply can't take it with you into the next life.
MikeTMerciless 1 year ago
Monopolies can only exist if government both allows and helps them to do so. In fact, there has never, in history, been a private monopoly. They're all public services, mainly in the form of utilities, such as electrical companies, water and sewage, but also the Federal Reserve is a monopoly; the British East India Company was a monopoly, as was the Dutch East India company. Militaries are also monopolies. In each instance, gov is involved in their creation and protection from competition.
MikeTMerciless 1 year ago
Also, when an investor is buying stock in a company, he's not just buying paper. He's buying ownership into the company. In exchange he's giving capital in the form of money to the company to use as they will in order to make the company more successful. True, some investors buy and then sell within hours, trying to manipulate prices, but most who are willing to invest millions in a company give it at least a year to see a return on investment. That money hires people and expands the company
MikeTMerciless 1 year ago
@MikeTMerciless You might want to lean about trusts in America back before the anti-trust act. Monopolies were as public then as Walmart is now, but Walmart is not own by the state. Water and the like are run by oligopolies which are different from monopolies. Some things are best run by the state like the police and the fire department. (The fire department started out with privet businesses) The point is; local is better and decentralization is more personal but not in everything.
slavadorlimone 1 year ago
To answer the question think of it this way. Money is man made. We should not be enslaved to money. This is a tool for a greater good. If the system doesn't work then it should change. What we want is all needs provided through work. All people are valued and if can work should. They should be given a living wage and allowed to earn there way in ownership of something productive like land for growing food. People should supplement there income by making their own goods. Continue
slavadorlimone 1 year ago