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The Thomistic Institute

On Distributism | Prof. Andrew Abela

The Thomistic Institute

The Thomistic Institute

Christianity, Religion &Amp; Spirituality, Society & Culture, Catholic Intellectual Tradition, Catholic, Philosophy, Religion & Spirituality, Thomism, Catholicism

4.8729 Ratings

🗓️ 10 March 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

This lecture was given to the University of Virginia on February 11, 2021.


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About the speaker:

Andrew Abela is the founding dean of the Busch School of Business and at The Catholic University of America, in Washington, D.C. His research on the integrity of the marketing process, including marketing ethics, Catholic Social Doctrine, and internal communication, has been published in several academic journals, including the Journal of Marketing, the Journal of the Academy of Marketing Science, the Journal of Business Ethics, and the Journal of Markets & Morality, and in two books. He is the co-editor of A Catechism for Business, from Catholic University Press, and winner of the 2009 Novak Award, a $10,000 prize given by the Acton Institute for “significant contributions to the study of the relationship between religion and economic liberty.”Dr. Abela also provides consulting and training in internal communications; recent clients of his include Microsoft Corporation, JPMorganChase, and the Corporate Executive Board. Prior to his academic career, he spent several years in industry as brand manager at Procter & Gamble, management consultant with McKinsey & Company, and Managing Director of the Marketing Leadership Council of the Corporate Executive Board. He holds a B.Sc. from the University of Toronto, an MBA from the Institute for Management Development (IMD) in Switzerland, and a Ph.D. in Marketing and Ethics from the Darden Business School at the University of Virginia. He and his wife, Kathleen, live in Great Falls, Virginia with their six children.

Transcript

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0:00.0

So I'm going to speak about what is distributism, where it came from, and what can we do with it.

0:06.9

I will, I'll warn you that I've been reading and thinking about distributism and writing a little bit

0:12.6

about it now on and off for about 25 years.

0:15.8

And I still don't have a definitive opinion about it.

0:18.8

So I'll just kind of say that up front. So what follows

0:21.7

is more like a series of reflections than a carefully worded argument either for or against it.

0:29.4

So distributism itself, to start out, is an economic system, the main characteristic of which

0:35.8

is property is widely distributed in society.

0:39.3

And it's a system that was advocated, promoted by Hilare Belloc and G. K. Chesterton,

0:45.3

English Catholic authors from the early 20th century.

0:49.3

Issues with distributism begin with the word distributism itself. But when we talk about widely distributed property, you have to understand that what is meant is distributed as an adjective, not as a past participant.

1:04.0

In other words, property that is spread out in many, many hands, not property that has been taken and distributed to others.

1:11.6

It's a very, very important distinction.

1:13.6

People who know nothing about distributism and only the name often assume it's the latter,

1:17.6

that it means redistributism, if you will, which is false.

1:22.6

It's the condition of being widely spread out.

1:28.3

Where did it come from?

1:30.3

There are sort of deep roots, and they are the deep roots of the encyclical letter,

1:35.3

Rerum Navarum, which Pope Leo issued in 1891,

1:41.3

and the antecedents of that are after a couple of centuries of enlightenment.

1:47.0

By the late 19th century, we had the Western society undergoing huge changes in society as a result of industrialization.

1:57.0

And what was on everybody's mind is what was called the social question.

...

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