Sunday, February 06, 2022

Good "Think Piece" From Wauck

Over at Wauck's place you can find a think piece which invokes Chesterton and hammers 'woke' capitalism, drawing the parallel between said 'capitalism' and eugenics.

Really.

You don't have to love GKChesterton's 'distributism' economics--it's hard to love because, really, it's impossible to describe--to understand that what passes for capitalism today is not friendly to man.

And Chesterton wrote about it in 1910 or so.

Read it.  It'll give you stuff to think upon.  That's the point.

1 comment:

Grim said...

I think I can describe distributionism: it is like the land lottery by which the land of Georgia was distributed to the citizens of the state following the Yazoo land scandal (about which there is a great deal in my archives). In the capitalist project the idea is that the capitalists own the means of production; in the socialist project, that societies do collectively; in the fascist project, that nationalized corporations 'own' the means for the service of the state. In the distributionist project, the idea is that every man and woman owns his her her own means of production: a certain number of acres, a store or small business, a small stake from which they can prosper as they work it.

Georgia seized a lot of land (almost the whole territory of the state) from a corrupt speculator corporation like BlackRock that had bought it up, and then distributed the land in a lottery open to all citizens. It created small pools of wealth in private hands, which they could work or sell for capital to pursue another interest.

It may not be workable as a long term approach, for the same reasons it quickly fell apart in Georgia after the lottery (though its success was such that it was repeated several times).

There's more here:

https://humanevents.com/2021/07/09/james-jackson-vs-blackrock-american-economic-freedom-is-just-as-important-as-political-freedom/