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by lfcc 2638 days ago
> "Further, some distributists argue that socialism is the logical conclusion of capitalism, as capitalism's concentrated powers eventually capture the state, resulting in a form of socialism"

This greatly resembles Karl Marx's criticism of capitalism, which has failed to hold up to reality so far.

Frankly, this sounds a lot like repackaged socialism using labor unions and guilds rather than a central government. Might not be as bad a state socialism (i.e. they might actually be able to manage the businesses better), but I sincerely doubt it would solve any of the major problems we see today.

While you do have inequality in capitalist systems the "elites" tend to rotate, with empires falling apart and new ones taking their place. Wealthy families maintaining their wealth and power are the exception and not the norm.

Introducing guilds or more unions will likely make it much harder for competition and innovation to thrive, introducing a huge barrier of bureaucracy interested only in maintaining the status quo for their own benefit.

2 comments

The capture the state part seems to be spot on. You just need to take a look at how much lobbying goes on and our inability to deal with issues like climate change thanks to the big oil companies.
They can apply large pressure on the state, true. But so can labour unions (and probably so would guilds). It is still not true state ownership as competition does thrive (even if they still have obstacles).

Edit: There are probably even better examples of lobbying than climate change as that has a ton of confounding factors that make it hard to deal with besides just oil companies. But I see no reason to assume distributism would make the issue better. Taxi drivers protesting against Uber comes to mind.

> which has failed to hold up to reality so far

It's held up for most of history. The US can probably avoid full socialism for just under 400 years (hopefully), as the brief ~250 years so far, is not a proof in context. What any 2 people consider socialist may be very different.