The advocates of Free Trade deals between countries frequently cite the fact that more products are made available at a lower cost to consumers as proof that their idea makes economic sense. Their explanation of how this works rests on the idea of Comparative Advantage,[1] the idea that one country can produce a good at … More The Cost of Comparative Advantage
Those who know the positions of distributists will understand that we are generally not in favor of modern “Free Trade” schemes. It seems, however, that some may misinterpret this and conclude that we are isolationists. After all, it is not unfair to say that we are not only in favor of localism, but that we … More Global Trade vs. Free Trade
by Joseph L. Grabowski Practical Distributism would like to thank Joseph L. Grabowski for permission to republish the following article. It was originally published on his own blog, which can be found here. Question 1 27 September, 2019 A questioner wrote to me with three questions following my recent podcast recording on Distributism, and … More Three Questions on Distributism
by Thomas Storck Probably nearly everyone would assent to the statement that the economy is meant to serve society, not the other way around. But despite the verbal acquiescence that would most likely be given to this statement, it is my contention that in fact for capitalist modernity most often the very opposite is true: … More What is an embedded economy?
Distributists desire the proliferation of small independently owned businesses. We also desire that larger businesses be cooperatively owned by those who do the work. While there will still be some form of employment even under a distributist system, people are more economically free when they own the means of their own living. Even employees would … More Taking that First Step: an interview with Samantha Larson
by Thomas Storck Not too long ago it was announced that Wicked Weed Brewing in Asheville, North Carolina, which had been a craft brewery, was being sold to Anheuser-Busch, the gigantic beer corporation. The founders of Wicked Weed announced optimistically that Partnering with Anheuser-Busch means great distribution opportunities, more resources, and connections to other breweries…. … More Selling Out: The Perils of Capitalist Small Business
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