In this age of distribution property is but one more aspect that requires the same for an equitable society. P2P Foundation turned me on to this article, where the author notes viable examples already exist and are doing quite well. An excerpt:
"John Médaille is a U.S.-based ‘distributist’.
Distributism is a tradition which originated within Catholic social
thought and stresses that the distribution of property between all
citizens is a prerequisite for a just and prosperous society, and
sharply distinguishes equitable markets from capitalism."
John says:
"Pure communism has never existed outside the wall of a monastery, and
pure capitalism has never existed outside a banker’s fantasies. But
Distributism is blessed with many examples, on the ground, over large
scales and extended periods of time. You may go and visit them, talk to
the people, examine how they work, and judge whether they will work for
Romania. In fact, there are many large and long-standing examples that
we may examine. Some of the more prominent ones include the Mondragón
Cooperative Corporation of Spain, the cooperative economy of
Emilia-Romagna in Italy, the Grameen Bank, which pioneered
micro-lending, the remarkable success of the employee-run Semco of
Brazil or the Fabricas sin Patrones (“factories without bosses”) of
Argentina. There are Employee Stock Ownership firms, and cooperatives
and mutual banks and insurance companies of every size and description."
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