Capitalism Eating Itself

One of the criticisms that have been made about the distributist movement is that we make false characterizations about capitalism. We take selective examples of abusive behavior taking place within capitalism and use them to criticize capitalism as a whole. We use terms like calling average employees the proletariat and “wage slaves” to reflect how capitalists treat the working classes they claim to “lift up.” Our critics say that these are not the norm for capitalism; they are the exception and not the rule. However, what distributists actually say is that capitalism as a system is morally neutral because it is only about money and “what the market will bear.” Distributists respond that this is how capitalism really exists in the world, and that very fact is what ultimately makes it an unjust system. As I have mentioned many times, most capitalists will insist that everyone involved in business should act in a moral and ethical way, but many of them will also admit that capitalism as a system does not enforce that in any real way. The revelations of Steven Crowder and the Daily Wire over the last two days have shown how right we are.

Real and Ideal in Catholic Social Doctrine

 

by Thomas Storck

Capitalism and communism are equally representative forms of this tendency of the world today not only to ignore Christianity, but to supplant it. To speak more precisely, the civilization of capitalism, as it was developed during the nineteenth century through the application to industry of the discoveries of experimental science, has created the ideal of an increasingly daring scientism trying to achieve by means of purely human efforts that reconquest of Paradise which is part of the eschatological expectation of believing Christians.[1]

- Louis Bouyer

One of the difficulties affecting our contemporary understanding of the Church's social doctrine is our failure to understand that doctrine in the context of the gigantic shift in Western civilization that reached its climax between, roughly, the middle of the 18th and the middle of the 19th centuries. Catholic social teaching in its modern form originated as that shift was becoming consolidated, and as a result that teaching simultaneously harks back to another and lost era as a kind of ideal, and at the same time offers necessary moral guidance for those living in the reality of the new type of civilization.

What, exactly, is "proto-capitalism?"

Have you ever heard of the term, "proto-capitalism?" I have heard it from two groups. The first group are those Catholics who wholeheartedly accept capitalism. For this group, the proto-capitalism period is evidence that the capitalism under which we live today has its origins in Catholic teaching. The second group are other capitalists who say that the proto-capitalism period was a period of transition from economics being considered a sub-category of ethics, where it was subject to religion and philosophy, to its own separate field of study. There is one thing that is generally acknowledged by both of these groups, however. Whatever proto-capitalism was, it was not capitalism. It is the name given by these groups to a particular time that, according to them, was a transition in European economics to capitalism. This leaves some important questions. What was the preceding economic system? What changes separate proto-capitalism from the period that preceded it? What changes separate proto-capitalism from actual capitalism? Finally, is there possibly another name we in the current age can apply to what these groups call proto-capitalism? 

Our Usurious Economy

 by Thomas Storck

What is usury and is it of any relevance to people today? For the most part, in modern times the term usury has come to mean the taking of excess, often outrageous, interest on a loan. But the classical definition in Catholic theology of usury was something a little different: the taking of any interest, in any amount, and no matter what the loan would be used for, simply because there is a loan contract. The most complete papal statement of this is found in the 1745 encyclical of Pope Benedict XIV, Vix Pervenit, the relevant portions of which run,

Is Distributism Socialism?

by Thomas Storck

 

References to or discussions of distributism on the internet are not hard to find. This is gratifying, for I would hazard a guess that fifty years ago almost no one had even heard of distributism. But even though the situation today is in most respects an improvement, these online references to distributism are not necessarily favorable. I have not attempted to count whether favorable or unfavorable mentions predominate, but there seem to be some ideas that are common to those critical of distributism. One is that distributism is simply a form of socialism. Now those who make this charge usually have little understanding of what socialism is, and especially of the great variety of economic programs that go by that name. Socialism is simply assumed to be state ownership of property, at least of productive property. That socialists often advocate for modes of ownership such as worker-owned enterprises or cooperatives seems to be largely unknown to the public.

Distributism at the Catholic Economics Roundtable

The following opening statement was given at the “Catholic Economics Roundtable” livestream hosted by Michael Lofton on 23 January 2021. It can be viewed on the Reason and Theology YouTube channel[1] and is available as a podcast on The Tradistae Podcast on Podbean.[2]
 

Subsidiarity, COVID-19 Vaccine Mandates, and Testing Mandates

I would like to apologize for the delay in getting articles posted lately. There have been several factors for this. One of those will be the topic of this post. This article will consist of a series of letters between my employer and myself regarding a vaccine mandate issued by the governor of my state and my request to get a religious exemption and accommodation. I have redacted or initialized names for privacy, and removed any contact information, but the letters are otherwise as they occurred, including typos. How does this apply to distributism? It applies to the question of subsidiarity and the extent to which state (and federal) government can dictate medical procedures on individuals. 

I realize that this is a very contentious topic, especially these days, but it is an important one as many states in the US and many countries around the world are implementing restrictive policies that very few would have dreamed were possible in February of 2020. Many are saying we are rushing headlong into totalitarianism. I think we are already there.

 

I would also like to state that nothing in the following is intended to be a judgment against anyone who chose to get the vaccine, including Catholics who came to different conclusions on these matters than I did.

A Road Not Taken

by Thomas Storck

 

On Sunday May 8, 1949 The New York Times published a short article entitled "Vatican Paper Assails 'Atheism' in Capitalism." Consisting of only three short paragraphs the article refers to an article just published in the Vatican's newspaper, L'Osservatore Romano, and written by that paper's editor-in-chief, Count Giuseppe Dalla Torre. The Times quotes Dalla Torre that "capitalism `is atheistic in its structure: gold is its God,'" and goes on to say that the article "defines capitalism as substantially greedy and says its aim is to dominate because it is never satisfied." 

On the Foundations of Distributism: Property, Family, Politics, Economy. Part 4

 by Thomas Storck

 

The following is the English version of part four of an article/interview by Thomas Storck, “Sui Fondamenti del Distributismo: Proprietà, Famiglia, Politica, Economia,” published in Bollettino di dottrina sociale della Chiesa, July/Sept. 2020, pp. 73-84.

 

For information on the Italian publication, see here.

LOCALISM! My thoughts on a new name.

In December, the Society of Gilbert Keith Chesterton[1] revealed what they propose as the new name for Distributism: Localism. This reveal was made simultaneously in the society's magazine, Gilbert, and on its podcast, Uncommon Sense. Prior to its announcement, the society did reach out to other distributists for reaction and input regarding the proposed name change. Thomas Storck and I wrote reactions that were included in the same issue of Gilbert. Adrian Alquist and I also discussed the topic on a later episode of their Uncommon Sense program, which can be found on YouTube.[2] The problem with doing a live interview is that you can go into it with certain points and statements you intend to make, and then find that the course of the conversation went in a direction where you didn't actually say something you intended. In listening to the interview, I found that this was the case for me. I agree with everything I said, but there was one thing I intended to say, but didn't.

 

On the Foundations of Distributism: Property, Family, Politics, Economy. Part 3

by Thomas Storck

The following is the English version of part three of an article/interview by Thomas Storck, “Sui Fondamenti del Distributismo: Proprietà, Famiglia, Politica, Economia,” published in Bollettino di dottrina sociale della Chiesa, July/Sept. 2020, pp. 73-84.

 

For information on the Italian publication, see here.

On the Foundations of Distributism: Property, Family, Politics, Economy. Part 2

by Thomas Storck

The following is the English version of part two of an article/interview by Thomas Storck, “Sui Fondamenti del Distributismo: Proprietà, Famiglia, Politica, Economia,” published in Bollettino di dottrina sociale della Chiesa, July/Sept. 2020, pp. 73-84.

For information on the Italian publication, see here.

Reflecton on the US Election

In March of 2020, the United States, along with most of the rest of the world, entered a new and dark phase. It was a phase that not only revealed the ideas driving the globalist movement, but the weaknesses in the very fabric of modern societies. It has been a time of even greater division and tension between two different world views struggling for dominance. Another thing that was revealed is that our population is not clearly on one side or the other in this struggle; the split is roughly even. A lot of things happened over the last ten months, and people on both sides will rush to defend the positions and actions of their own side while denouncing and blaming the other side. This article is not going to address those claims because the point of Practical Distributism is to present the ideas of distributism to a world desperately in need of something better than what we currently have, and distributism is neither a liberal nor a conservative idea.[1] Therefore, I would like to address what I think is, from a distributist perspective, one of the greatest lessons of the last ten months, and especially the events related to the US presidential election that just came to a tumultuous end.

 

On the Foundations of Distributism: Property, Family, Politics, Economy. Part 1

by Thomas Storck

The following is the English version of part one of an article/interview by Thomas Storck, “Sui Fondamenti del Distributismo: Proprietà, Famiglia, Politica, Economia,” published in Bollettino di dottrina sociale della Chiesa, July/Sept. 2020, pp. 73-84.

For information on the Italian publication, see here.

Distributism Basics: Foundational Principles

I am happy to announce the publication of my new book, Distributism Basics: Foundational Principles. This is an exploration of some of the core principles underlying the distributist idea. 

Expand Your Business, Increase Your Income!

by Thomas Storck

A slogan such as the title of this article seems simply common sense to probably most Americans. If sales are up, then certainly expanding your business is the natural thing to do, or at least to think of doing. If you own one restaurant and it is doing well, consider opening a second - and a third, and a fourth. Except that this logic is totally contrary to real common sense, to the purpose of economic activity, and to our hopes for eternal life.

Is Distributism the "official" Catholic economic system?

One accusation that is often made against distributists is that we claim distributism is the official economic system of the Catholic Church. This is because we frequently cite official Catholic teaching in support of our positions, and also because of the undeniable fact that Distributism started as a primarily Catholic movement, with a primarily Catholic leadership, in response to papal teaching. Distributism is, after all, the attempt to apply philosophical principles of ethics and morals to the economic and political spheres in a way that is specifically consistent with Catholic teaching. So, does that mean we claim it is the official economic system of the Catholic Church? In this article, I dare to give an authoritative answer to that question.

Consumer Choice and Society

by Thomas Storck

Those who like to celebrate the contemporary capitalist economy frequently do so in terms of choice. Some are quite open that it is consumer choice that excites them, the ability to pick and choose among an immense variety of products, according to one's whims and desires. Others, more conscious of the shallowness implicit in reducing man to simply a consumer of goods, are wont to point out that even though our society itself may be preoccupied with material possessions, we ourselves as individuals are free to occupy ourselves with better things, with cultural or spiritual goods, for example.  While of course this is true, one might wonder why so few people seem to manifest much interest in these latter types of goods. But perhaps the real problem here is the attempt to reduce human choice solely to the individual level. It is true, of course, that individuals do have the freedom to choose. Our wills were created by God to desire goods, but we have the freedom to choose among goods, to choose appropriately or not, to make choices that do not interfere with the attainment of our eternal salvation, or that make this more difficult or even impossible to attain. This does not mean, of course, that we must always choose the highest goods; rather, as the collect for the Third Sunday after Pentecost in the traditional Roman rite puts it, in such a balanced way, that "we may make use of [transeamus] temporal goods so as not to loose eternal goods."

Payday Lending

by Thomas Storck

As we approach Christmas, the great feast of our Lord's Nativity, many people are thinking about gift giving. But for many Americans, those with limited incomes and limited savings, gift giving can be an occasion more for anxiety than for joyful anticipation. With little money, some of these people might resort to an extreme form of borrowing to pay for their Christmas giving: payday lending.

How Do the Joneses Keep Up?

 

by Dana Krull

The following article is reprinted with permission from the Fall 2019 newsletter of the Holy Family Soup Kitchen and Food Pantry, a ministry of Holy Family Catholic Church in Columbus, Ohio.