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Showing posts with the label distributism

Yogurt Distributism

At Chobani .

Favoring the big

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Listening to Daniel Kuehn talking about Georgia's job-creation tax-break program, I noted that in the wealthiest 25% of Georgia counties, the break is only only available to firms that create at least 25 jobs. So if I employ 5 people, I need to increase my payroll by 500% to get the subsidy, while if I employ 2500, a mere 1% increase will do. And of course there are thousands of other laws that similarly favor large concentrations of capital.

The Limits of the Market

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"As we have said before, the market economy is not everything. It must find its place in a higher order of things which is not ruled by supply and demand, free prices, and competition. It must be firmly contained within an all-embracing order of society in which the imperfections and harshness of economic freedom are corrected by law and in which man is not denied conditions of life appropriate to his nature. Man can wholly fulfill his nature only by freely becoming part of a community and having a sense of solidarity with it. Otherwise he leads a miserable existence and he knows it." -- Wilhelm Röpke, A Humane Economy , p. 91

Markets in some things

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"To the economist, the market economy, as seen from the restricted viewpoint of his own discipline, appears to be no more than one particular type of economic order, a kind of 'economic technique' opposed to the socialist one... We move in a world of prices, markets, competition, wage rates, rates of interest, exchange rates, and other economic magnitudes. All of this is perfectly legitimate and fruitful as long as we keep in mind that we have narrowed our angle of vision and do not forget that the market economy is t he economic order proper to a definite social structure and to a definite spiritual and moral setting. If we were to neglect the market economy's characteristic of being merely a part of a spiritual and social total order, we would become guilty of an aberration which may be described as social rationalism." -- Wilhelm Röpke, A Humane Economy , p. 93

Bourgeois Society

"To say that the market economy belongs to a basically bourgeois total order implies that it presupposes a society which is the opposite of proletarianized society, in the wide and pregnant sense which it is my continual endeavor to explain, and also the opposite of mass society as discussed in the preceding chapter. Independence, ownership, individual reserves, saving, the sense of responsibility, rational planning of one's own life -- all that is alien, if not repulsive, to proletarianized mass society." -- Wilhelm Röpke, A Humane Economy , p. 99

There's no third way?

Mises famously contended that there is no third way between socialism and laissez faire. This was an odd contention on his part, since we'd also have to say that according to him we've always been on a third way: pure socialism is not possible (I think Mises was right about this) and we have never had a pure market economy (also, I think, not possible). Now, Mises was terribly wrong about some things, but he certainly wasn't stupid, so: how did he reconcile these two seemingly disparate ideas? (I am thinking about this as I begin my research on distributism.)

An Introduction to Distributism

A well-done guide here . (Someone was asking about it in the comments.)