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Distributism, the third way between Capitalism and Socialism, has its roots in Catholic Social Teaching. Now, for the first time, three seminal works by one of its original proponents are available in one volume ** What's Wrong with the World ** The Outline of Sanity ** Utopia of Usurers and Other Essays
This booklet contains a series of essays on the subject of distributism written by Anthony Cooney. Cooney is editor of the long-standing distributist magazine Liverpool Newsletter and is a co-author of the challenging and radical Catholic Social Teaching.
Taking "free markets" from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Medaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Medaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Medaille enters the economic debate on purely economic terms. Toward a Truly Free Market shows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.
G. K. Chesterton’s famous thesis explores the subjects of poverty, agriculture, machinery, capital gain, and concentration of wealth from an anti-capitalist viewpoint. This fascinating volume argues the threat to smaller businesses as corporate companies become more dominant. Fiercely relevant almost 100 years after its first publication, The Outline of Sanity is G. K. Chesterton’s insightful exploration of humanity’s future. He criticises both the scientific management theory and Marxist Trotskyism, questioning the longevity of democracy. First published in 1926. The contents of this volume features: - Some General Ideas - The Beginning of the Quarrel - The Peril of the Hour - The Chance of Recovery - Some Aspects of Big Business - The Bluff of the Big Shops - A Misunderstanding about Method - A Case in Point - The Tyranny of Trusts - Some Aspects of the Land
Catholic Social Teaching is a relatively new and growing body of theology. Its foundation can be found in the Bible and Tradition of the Church. However, it began to be formalized beginning in 1891 with the writing of Pope Leo’s revolutionary Social Letter/Encyclical, On the New Things/Rerum Novarum. It subsequently has been woven through all the many Social Encyclicals written by the modern popes, right up to the current pope, Francis. This book is written about the many themes of Catholic Social Teaching found in these Social Letters as well as an emphasis particularly on distributive justice as found in every modern Papal Social Letter. Additionally, these Letters often discuss the current failures of modern economic systems (Capitalism, Communism, and Socialism) to meet the needs of a majority of people in the world, particularly the poor and marginalized. Although these Social Letters never propose any new economic system, the heavy emphasis on distributive justice found in all of them is used as a basis to discuss a proposed and untried economic system called “Distributism.” Distributism was first introduced to the world in the early 1900’s by Catholic writer and theologian, G.K. Chesterton and Hilaire Belloc.
One of G. K. Chesterton’s finest collection of essays, The Well and the Shallows, explore more controversial themes than typically seen in the work of the English writer. Written with Chesterton’s biting wit, he touches on various cultural, social and moral issues from birth control to Catholicism. Chesterton’s perceptive analysis of core issues within modern society remains startling relatable nearly 100 years since its publication. Written shortly after his conversion to Catholicism, he writes with tremendous foresight focusing on subjects like Catholicism, Reformation and Protestantism, and other profound writings on political and social issues based around the central theme of religion. Essays in this volume include: My Six Conversions The Return to Religion The Higher Nihilism The Ascetic At Large Babies and Distribution A Century of Emancipation Trade Terms Shocking the Modernists Sex and Property Why Protestants Prohibit Where is the Paradox? The Well and the Shallows is an insightful collection of essays on some of the most important ideas of the modernist era written by one of the greatest English writers of the 20th century. It is a perfect read for those interested in the work of G. K. Chesterton or any with a broader interest in historical, social analysis from a religious perspective.
Distributism is an economic philosophy that developed in Europe in the late 19th and early 20th century, based upon the principles of Catholic social teaching, especially the teachings of Pope Blessed Leo XIII in his encyclical Rerum Novarum and Pope Pius XI in Quadragesimo Anno.According to distributists, property ownership is a fundamental right and the means of production should be spread as widely as possible among the general populace, rather than being centralized under the control of the state (state socialism) or by accomplished individuals (laissez-faire capitalism). Distributism therefore advocates a society marked by widespread property ownership and, according to co-operative economist Race Mathews, maintains that such a system is key to bringing about a just social order.Distributism has often been described in opposition to both socialism and capitalism, which distributists see as equally flawed and exploitive. Thomas Storck argues that "both socialism and capitalism are products of the European Enlightenment and are thus modernizing and anti-traditional forces. In contrast, distributism seeks to subordinate economic activity to human life as a whole, to our spiritual life, our intellectual life, our family life".Some have seen it more as an aspiration, which has been successfully realised in the short term by commitment to the principles of subsidiarity and solidarity (these being built into financially independent local cooperatives and small family businesses), though proponents also cite such periods as the Middle Ages as examples of the historical long-term viability of distributism. Particularly influential in the development of distributist theory were Catholic authors G. K. Chesterton and Hilaire Belloc, two of distributism's earliest and strongest proponents.This volume contains some of distributism's foundational writings from Pope Blessed Leo XIII and Gilbert K. Chesterton.
This bold, groundbreaking study of American political development assesses the presidency of Abraham Lincoln through the lenses of governmental power, economic policy, expansion of executive power, and natural rights to show how Lincoln not only believed in the limitations of presidential power but also dedicated his presidency to restraining the scope and range of it. Though Lincoln’s presidency is inextricably linked to the Civil War, and he is best known for his defense of the Union and executive wartime leadership, Lincoln believed that Congress should be at the helm of public policy making. Likewise, Lincoln may have embraced limited government in vague terms, but he strongly supported effective rule of law and distribution of income and wealth. Placing the Lincoln presidency within a deeper and more meaningful historical context, Abraham Lincoln’s Statesmanship and the Limits of Liberal Democracy highlights Lincoln’s significance in the development of American power institutions and social movement politics. Using Lincoln’s prepresidential and presidential words and actions, this book argues that decent government demands a balance of competing goods and the strong statesmanship that Lincoln exemplified. Instead of relying too heavily on the will of the people and institutional solutions to help prevent tyranny, Jon D. Schaff proposes that American democracy would be better served by a moderate and prudential statesmanship such as Lincoln’s, which would help limit democratic excesses. Schaff explains how Lincoln’s views on prudence, moderation, natural rights, and economics contain the notion of limits, then views Lincoln’s political and presidential leadership through the same lens. He compares Lincoln’s views on governmental powers with the defense of unlimited government by twentieth-century progressives and shows how Lincoln’s theory of labor anticipated twentieth-century distributist economic thought. Schaff’s unique exploration falls squarely between historians who consider Lincoln a protoprogressive and those who say his presidency was a harbinger of industrialized, corporatized America. In analyzing Lincoln’s approach, Abraham Lincoln’s Statesmanship and the Limits of Liberal Democracy rejects the idea he was a revolutionary statesman and instead lifts up Lincoln’s own affinity for limited presidential power, making the case for a modest approach to presidential power today based on this understanding of Lincoln’s statesmanship. As a counterpoint to the contemporary landscape of bitter, uncivil politics, Schaff points to Lincoln’s statesmanship as a model for better ways of engaging in politics in a democracy.