Oskary wrote:Old Tyrannia wrote:I'm fond of rhine capitalism. I support distributist economics in theory, but the implementation of distributist economics requires a "bottom-up" effort and significant cultural shift. I don't foresee a transition to distributism anytime soon; in the meantime, I'd like to see the UK implement elements of the German social market model. I'm not so much socially liberal as I am opposed to government interference in people's personal lives, but other than that I would also give you a gold star of approval.
Ho there, friend. Could you explain distributist economics to me?
Simply put, a distributist economy is an economy in which ownership of the means of production is distributed as widely between members of society as possible, maximising the number of people who own their own property and possess the capacity to produce their own capital. It advocates the replacement of large corporations with smaller businesses owned by sole traders or partnerships. Such an economic model would be more sustainable and reduce wealth gaps between the richest and poorest individuals in society, whilst preserving the concept of private property and the competitive nature of capitalism that makes it so efficient.