by Thomas Storck When human beings engage in economic activity they engage with other people. Even a gardener cultivating his own small plot has probably obtained his seeds and his tools from others and at least depends upon the larger society for the social stability that allows him to plant his garden with a reasonable … More Distributism or Capitalism: Two Ways to Work – Part 1
by David W. Cooney Here’s a sobering thought. If we were to actually pay for what the government provides, our taxes would be almost doubled. The purpose of this article is not to address the issue of deficit spending or the government debt. I am also not addressing the level of government spending for those … More Your Tax Dollars
by David W. Cooney Stop crying about Fed rate hikes! So says an article on CNN Money in a comment that is directed at Wall Street. What is most interesting about this comment is that it essentially admits what distributists have been criticized for saying for some time. The economic aims of Wall Street are … More Wall Street vs Main Street
by David W. Cooney In response to my article on the nature of capitalism, I received some responses objecting to my statement that part of the definition of capitalism is that laws facilitate the separation of ownership from work. Well, not only do the laws of capitalism facilitate the separation of ownership from work, but … More Stocks: The Myth of Ownership
[Editor’s note: This article was originally published as “Have Smith’s Theories Been Proven to Work In Spite Of the Presence of Government Meddling in Economics?.” After further reflection, I determined that the original article was attempting to critique Smith’s theories during time which, as demonstrated in the previous article, his theories were not even being … More Does Capitalism Work?
by David W. Cooney There is, in the vast realm of people calling themselves capitalists, a very peculiar group. While, like all capitalists, they claim that capitalism is responsible for every material advancement and new technology since they days of Adam Smith, they simultaneously claim that every economic problem that has occurred is not the … More Has Smith's Capitalism Ever Been Tried?
Practical Distributism 