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The Political Economy of Distributism: Property, Liberty, and the Common Good

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In recent years, prominent scholars, public intellectuals, and politicians have advocated reforming America's economic model to embrace "common-good capitalism." Catholic social teaching is a major influence on this movement. Is common-good capitalism compatible with the historical American commitments to private property rights and ordered liberty? What resources from Catholic social teaching can help orient free enterprise towards the common good? This book is the first scholarly inquiry into these exciting new questions.

We can better understand common-good capitalism by exploring the political economy of distributism . Formulated in the early 20th century by prominent Catholic intellectuals such as Hilaire Belloc and G.K. Chesterton, distributism emphasizes the importance of widely dispersed property ownership for human flourishing. Distributist thinkers, opposed both to capitalism and socialism, sought a humane approach to politics and economics that reflected the truths of Catholic social teaching.

Some of the distributists' claims about markets and government must be revised in light of contemporary social science. Nevertheless, their political-economic vision contains profound truths about the human condition, which social scientists would be unwise to ignore. Distributism's insights about the nature of liberty and the social foundations of human dignity can improve ongoing conversations among economists, political scientists, and philosophers.

The Political Economy of Distributism explores distributism both as a research program and a blueprint for political-economic reform. As many are reconsidering the relationship between markets and government, this timely book demonstrates the perennial relevance of the Catholic intellectual tradition to public affairs. Academics, public servants, policy experts, and concerned citizens can all benefit from this timely study of common-good capitalism's prospects.

228 pages, Paperback

Published June 2, 2023

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Alexander William Salter

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47 reviews
August 23, 2023
This book provided a good overview of distributist thought - recognizing the good despite economic "oversights." I'm not super familiar with economics by any means, but was still able to read and appreciate this book. The largest takeaway I have is the need to view human flourishing as an endeavor worthy of economic and political change (not just a personal/individual pursuit).
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