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To: escapefromboston
FWIW, I am a Protestant, but I have great respect for Pope Leo XIII's encyclical "Rerum Novarum" from, I believe, 1891, in which he criticized both Socialism and Capitalism.

Personally, I like the marketplace. And people should remember that the marketplace is not synonymous with Capitalism. In order for Capitalism to exist, you need governments and laws and regulations. Big Banks and Stock Markets and Global Trade would not exist without government involvement. Now, being a Conservative, I recognize that government corrupts everything it touches. Therefore, I think Capitalism inevitably progresses to what we have today: Fascism.

I don't like Socialism.
I don't like Fascism.
I don't like Capitalism -- I used to, but now that I think I understand it better, I no longer like Capitalism.

I like the marketplace. That means small and managed by the buyers and the sellers, with no need for bureaucrats to "help" run the show. I do not see this as a Libertarian position. I see it as a Distributist position, based on Christian economics, as laid out in "Rerum Novarum".

32 posted on 12/01/2013 8:03:25 AM PST by ClearCase_guy
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To: ClearCase_guy

Distributist,,

I have read Belloc. Great book. But there is one huge fly in the ointment. There needs to be an all powerful body that gets to take from one and give to another.

And you end up with corportism. Distribustism is a nice theory, but won’t work any better in practice because all that power will lead to corruption. Just like now.


51 posted on 12/01/2013 6:10:19 PM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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