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Building a Stakeholder Society:
Alternatives to the Market and the State
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There is little enthusiasm today for massive state ownership, and no trust in the alternative of unbounded capitalism. Third Way proposals to date have too often turned out to be no less sterile. Veteran Labor thinker Race Mathews argues for distributism—the belief that ownership should be widely distributed rather than concentrated in the hands of the state or wealthy minorities.
Jobs of Our Own draws on the legacies of Christian socialism, social Catholicism, mutualism, associative democracy and civil society for a new vision of society: evolved distributism. Mathews sees common ground between distributism and mutualist bodies such as mutual assurance societies, building societies, co-operatives and credit unions.
Mathews also warns that the conversion of mutuals into conventional companies is robbing the community of assets which are needed for social reconstruction. He points to evolved distributism on the model of the great employee-owned co-operatives complex at Mondragon in Spain as an authentic Third Way.
Race Mathews is a former academic, federal M.P., state M.P. and minister and municipal councillor in Australia, who has written and spoken widely on politics, political history, and public policy.
... places Distributism in the international context of the Antigonish Movement in Nova Scotia and the Mondragon Co-operative Corporation in the Basque region of Spain.Fr. Ian Boyd, Editor, The Chesterton Review
... a fascinating and unexpected linkage between these apparently unconnected reform movements.Fr. Greg MacLeod, Tompkins Institute, University College of Cape Breton
... penetrates to the heart of the Mondragon Co-operative Experience.Sr. Jesus Larrañaga, Mondragon
Have you ever wondered what the Catholic Church actually says,
in writing, about just wages, unions, advertising, consumer
culture, migrant workers, or how First World economies should treat
the Third World? With this new weekly calendar, you can find out all
these things and more. Each week features a selection on social
justice taken from official papal documents or the writings of leading
Catholics. Rather than a
book to read once and slowly forget, this calendar brings
justice from a nebulous concept to concrete ideas for your
consideration and reflection, all the year long.
The Political Economy of Distributism
Distributists have often argued their case on moral terms grounds alone; they have placed their arguments in the necessary connection between free property and free men; they have argued on agrarian terms, on the natural rhythms of life and social order often disrupted by modern capitalism; they have argued from Catholic teaching and the social encyclicals. But while the moral argument is necessary, it is not sufficient. We must be able to make the case on economic grounds as well. Distributism forms a superior economic theory, one able to give a rational account of actual economic conditions. But it is often the case that Distributists are not able to put the case in purely economic terms.
The theme of this book is simple: Economics, or more properly,
political economy, cannot be a proper science unless it is a humane
science; to be a humane science it must embody some notion of justice,
and particularly of distributive justice. Indeed, as a practical
matter, as well as a theoretical one, there can be no balance between
supply and demand without distributive justice; the moral question and
economic question are, in reality, one question. Economic
equilibrium cannot be divorced from economic equity, and the attempt
to do so will lose both equity and equilibrium; the economy will be
unable to balance itself, and so will fall either to ruin, or to
ruinous government attempts to redress the balance.
The book is written in layman's terms, yet intended to enable the reader to stand his ground in debates with the Austrian, the Keynesian, the Monetarist, the Neoconservative, the Socialist, and all other contenders.
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Social Justice in the Marketplace
In this remarkable book John Médaille succeeds in showing how the more radical elements in Catholic Social teaching can be turned into really practical projects for building an alternative to capitalism. He shows that the key is to alter the culture of the business and the corporation in order to ensure that political and economic purposes, distributive and corrective justice become once again integrated, as classical philosophy and Christian theology alike demand. The Vocation of Business supplies us at last with some keys for the turning of Christian critique of liberalism into a new from of effective practice.John Milbank, University of Nottingham
John Médaille has produced a tour de force—a book that manages to give the reader just enough insight into the various thinkers and subjects treated without overloading the reader and without missing anything important. The careful yet unequivocal judgement on neoconservatism and the chapter on Distributism are particularly good.Helen Alford O.P., Dean, Faculty of Social Sciences, The Angelicum