Thursday, January 12, 2012

Neither balance nor blend… 

"Distributism does not blend or 'balance' Capitalism and Socialism. Both of these systems result in the concentration of ownership. Socialism does not 'redistribute' wealth, it denies the private ownership of it altogether…. We have been trained to believe that any significant state involvement means Socialism. This is a lie. State managed redistribution of privately owned wealth from the rich to the needy is not Socialism because the the wealth remains privately owned. … Both Capitalism and Socialism require the big state. This is true despite the Libertarian desire to minimize state involvement."

-- David Cooney, 10 Jan. 2011

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