I’ve recently read the book Toward a Truly Free Market by John Médaille, a book that largely expounds on the economic concept of (Neo)Distributism.
I would like to preface my comments about the book with the following three points:
First, although I agree with various facets of Distributism – as it is presented it in the book – I would not consider myself a believer in the overall concept, for various reasons.
Second, there are various analyses and conclusions within the book that I don’t agree with.
Third, many who are familiar with micro or macroeconomics, might find much of the material in this book either unfamiliar, and/or wildly provocative, and/or heretical in nature. This book is far from what is currently considered economic “convention.”
Notwithstanding these three points, this book is unique in many ways and is very notable. I could write extensively about it, but for now I will summarize my thoughts.
The book focuses on what an economic system should be, and uses a variety of arguments and cites economic theory spanning centuries. It is critical of our current economic model on a number of fronts.
It also introduces various theories that are quite interesting and thought-provoking, and are especially relevant to our current economic situation.
As well, it offers many suggestions and examples of what a “Distributist” economy would look like.
In aggregate I view this book as very valuable. I do believe that this book and its suggestions are (at the very least) worthy of serious contemplation.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1336.10 as this post is written