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Distributist
Distributism is an economic theory asserting that the world's productive assets should be widely owned rather than concentrated. Developed in the late 19th and early 20th centuries, distributism was based upon Catholic social teaching principles, especially those of Pope Leo XIII in his encyclical ''Rerum novarum'' (1891) and Pope Pius XI in ''Quadragesimo anno'' (1931). It has influenced Anglo Christian Democratic movements, and has been recognized as one of many influences on the social market economy. Distributism views ''laissez-faire'' capitalism and state socialism as equally flawed and exploitative, due to their extreme concentration of ownership. Instead, it favours small independent craftsmen and producers; or, if that is not possible, economic mechanisms such as cooperatives and member-owned mutual organisations, as well as small to medium enterprises and vigorous anti-trust laws to restrain or eliminate overweening economic power. Christian democratic politica ...
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Rerum Novarum
''Rerum novarum'', or ''Rights and Duties of Capital and Labor'', is an encyclical issued by Pope Leo XIII on 15 May 1891. It is an open letter, passed to all Catholic patriarchs, primates, archbishops, and bishops, which addressed the condition of the working class. It discusses the relationships and mutual duties between labor and capital, as well as government and its citizens. Of primary concern is the need for poverty amelioration of the working class. It supports the rights of labor to form trade unions, and rejects both socialism and capitalism while affirming the right to private property and to a living wage. A foundational text of modern Catholic social teaching, many of the positions in ''Rerum novarum'' are supplemented by later encyclicals, in particular Pius XI's '' Quadragesimo anno'' (1931), John XXIII's '' Mater et magistra'' (1961), Paul VI's '' Octogesima adveniens'' (1971), and John Paul II's '' Centesimus annus'' (1991), each of which commemorat ...
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Christian Democratic
Christian democracy is an ideology inspired by Christian social teaching to respond to the challenges of contemporary society and politics. Christian democracy has drawn mainly from Catholic social teaching and neo-scholasticism, as well as the Neo-Calvinist tradition within Christianity; it later gained ground with Lutherans and Pentecostals, among other denominational traditions of Christianity in various parts of the world. During the nineteenth century, its principal concerns were to reconcile Catholicism with democracy, to answer the " social question" surrounding capitalism and the working class, and to resolve the tensions between church and state. In the twentieth century, Christian democrats led postwar Western and Southern Europe in building modern welfare states and constructing the European Union. Furthermore; in the late twentieth and early twenty-first century, Christian democracy has gained support in Eastern Europe among former communist states sufferi ...
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American Solidarity Party
The American Solidarity Party (ASP) is an United States, American Christian democracy, Christian democratic List of political parties in the United States, political party. It was founded in 2011 and officially incorporated in 2016. The party has a Solidarity National Committee (SNC) and has numerous active state and local chapters. Peter Sonski was the party's nominee in the 2024 United States presidential election. The American Solidarity Party has been characterized as Social conservatism in the United States, socially conservative while supporting Economic interventionism, government intervention in economic matters. The ASP encourages social development along the lines of subsidiarity and sphere sovereignty, with a stated emphasis on "the importance of strong families, local communities, and voluntary associations". It favors fiscally progressive policies, as well as a social market economy with a Distributism, distributist character, which seeks "widespread economic parti ...
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Quadragesimo Anno
''Quadragesimo anno'' () (Latin for "In the 40th Year") is an encyclical issued by Pope Pius XI on 15 May 1931, 40 years after Leo XIII's encyclical '' Rerum novarum'', further developing Catholic social teaching. Unlike Leo XIII, who addressed the condition of workers, Pius XI discusses the ethical implications of the social and economic order. He describes the major dangers for human freedom and dignity arising from unrestrained capitalism, from socialism, and from communism as practised in Russia. He also calls for the reconstruction of the social order based on the principles of solidarity and subsidiarity. Essential contributors to the formulation of the encyclical were the German Jesuits, Roman Catholic theologians and social philosophers Gustav Gundlach and the '' Königswinter Circle'' through one of its main authors Oswald von Nell-Breuning. Changes since ''Rerum novarum'' Pope Pius XI issued his encyclical exactly forty years after ''Rerum novarum''. In the int ...
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Christian Democratic
Christian democracy is an ideology inspired by Christian social teaching to respond to the challenges of contemporary society and politics. Christian democracy has drawn mainly from Catholic social teaching and neo-scholasticism, as well as the Neo-Calvinist tradition within Christianity; it later gained ground with Lutherans and Pentecostals, among other denominational traditions of Christianity in various parts of the world. During the nineteenth century, its principal concerns were to reconcile Catholicism with democracy, to answer the " social question" surrounding capitalism and the working class, and to resolve the tensions between church and state. In the twentieth century, Christian democrats led postwar Western and Southern Europe in building modern welfare states and constructing the European Union. Furthermore; in the late twentieth and early twenty-first century, Christian democracy has gained support in Eastern Europe among former communist states sufferi ...
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Economic Theory
Economics () is a behavioral science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as basic elements within economies, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and investment expenditure interact; and the factors of production affecting them, such as: labour, capital, land, and enterprise, inflation, economic growth, and public policies that impact these elements. It also seeks to analyse and describe the global economy. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advo ...
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Means Of Production
In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable levels of productivity. It can also be used as an abbreviation of the "means of production and distribution" which additionally includes the logistical distribution and delivery of products, generally through distributors; or as an abbreviation of the "means of production, distribution, and exchange" which further includes the exchange of distributed products, generally to consumers. The concept of "Means of Production" is used by researchers in various fields of study — including politics, economics, and sociology — to discuss, broadly, the relationship between anything that can have p ...
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Right To Property
The right to property, or the right to own property (cf. ownership), is often classified as a human right for natural persons regarding their possessions. A general recognition of a right to private property is found more rarely and is typically heavily constrained insofar as property is owned by legal persons (i.e. corporations) and where it is used for production rather than consumption. The Fourth Amendment to the United States Constitution is credited as a significant precedent for the legal protection of individual property rights. A right to property is specified in Article 17 of the 1948 Universal Declaration of Human Rights, but it is not recognised in the 1966 International Covenant on Civil and Political Rights or in the 1966 International Covenant on Economic, Social and Cultural Rights. The 1950 European Convention on Human Rights acknowledges a right for a natural or legal person to "peaceful enjoyment of his possessions", subject to the " general interest or to ...
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Cambridge University Press
Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessment to form Cambridge University Press and Assessment under Queen Elizabeth II's approval in August 2021. With a global sales presence, publishing hubs, and offices in more than 40 countries, it published over 50,000 titles by authors from over 100 countries. Its publications include more than 420 academic journals, monographs, reference works, school and university textbooks, and English language teaching and learning publications. It also published Bibles, runs a bookshop in Cambridge, sells through Amazon, and has a conference venues business in Cambridge at the Pitt Building and the Sir Geoffrey Cass Sports and Social Centre. It also served as the King's Printer. Cambridge University Press, as part of the University of Cambridge, was a ...
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Plutocracy
A plutocracy () or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. Unlike most political systems, plutocracy is not rooted in any established political philosophy. Usage The term ''plutocracy'' is generally used as a pejorative to describe or warn against an undesirable condition. Throughout history, political thinkers and philosophers have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict and corrupting societies with greed and hedonism. " Dollarocracy", an anglicised adaptation of the word "plutocracy", may refer to "a specifically American version of plutocracy". Examples Historic examples of plutocracies include the Roman Empire; some city-states in Ancient Greece; the civilization of Carthage; the Italian merchant city-states of Venice, Florence ...
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Statocracy
In political science, statism or etatism (from French, ''état'' 'state') is the doctrine that the political authority of the state is legitimate to some degree. This may include economic and social policy, especially in regard to taxation and the means of production. While in use since the 1850s, the term ''statism'' gained significant usage in American political discourse throughout the 1930s and 1940s. Opposition to statism is termed anti-statism or anarchism. The latter is usually characterized by a complete rejection of all hierarchical rulership. Overview Statism can take many forms, from small government to big government. Minarchism is a political philosophy that prefers a minimal state such as a night-watchman state to protect people from aggression, theft, breach of contract and fraud with the military, police and courts. This may also include fire departments, prisons and other functions. The welfare state is another form within the spectrum of statism. Authorita ...
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Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs outnumber large companies by a wide margin and also employ many more people. On a global scale, SMEs make up 90% of all companies and more than 50% of all employment. For example, in the EU, 99% of all businesses are SMEs. Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees ac ...
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