Distributism, one economic theory of Paleo-Conservatism (and maybe the Tea Party as well as OccupyWallStreet)

13 Dec

Paleo-Conservatism, the missing ideological kid on the contemporary political block, is flatly opposed to all forms of centralization of power, whether political (statism) or economic (monopoly and mega-corporations attained through unsavory partnerships with government agencies).  They tend to be localists with respect to political authority, corporatists with respect to the rights and sovereignty of social institutions, preservationists with respect to culture, skeptics with respect to foreign intervention and war, and protectionists with respect to trade, and more controversally among other conservatives as well as themselves, distributists with respect to economic power and wealth.  In many ways, and with great irony, this old-school conservatism has much in common with both the Tea Party and Occupy Wall Street movements.

What is distributism?  In this essay, Ivory Tower Capitalism, we get an explanation.