During his State of the Union speech, the president was critical of the Supreme Court ruling that removed limits on corporate political contributions. This is one time where I actually agree, in part, with him. Our constitutional republic is supposed to act in the interests of the several states and the people, not those of corporations, union leaders, or other groups.
24 March, 2010
A favorite charge against distributism is that it is just another form of socialism. This is based on a false assumption taken from the name of the movement, that distributism is nothing more than the redistribution of wealth. While distributism desires to establish a wide distribution of wealth, the means of accomplishing that goal are not socialist in nature. In fact, the moral and philosophical foundation of distributism is completely incompatible with socialism. This is why I sometimes refer to distributism as “distributist capitalism,” as a distinct form of capitalism compared to “monopolistic capitalism” (the capitalism under which we live).