Noun
distributism (uncountable)
An economic ideology, based on Catholic social teachings, according to which property ownership is a fundamental right and the means of production should be spread as widely as possible rather than being centralized under the control of the state, corporations, or a few individuals.
According to Belloc, the distributive state (the state which has implemented distributism) contains "an agglomeration of families of varying wealth, but by far the greater number of owners of the means of production." Source: Internet
Chesterton thought that Distributism would benefit from the discipline that theoretical analysis imposes, and that distributism is best seen as a widely encompassing concept inside of which any number of interpretations and perspectives can fit. Source: Internet
Some distributists claim that the rhetorical marketing of this policy was influenced by aphorisms of the distributist ideology and promotes distributism. Source: Internet
This does not, however, suggest that distributism necessarily favors a technological regression to a pre- Industrial Revolution lifestyle, but a more local ownership of factories and other industrial centers. Source: Internet
Thus, any activity of production (which distributism holds to be the most important part of any economy) ought to be performed by the smallest possible unit. Source: Internet