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November 20th, 2011 | 11:57 am
Are the economic encyclicals of the Catholic Church also utopian? That’s the upshot of those who oppose distributism, for the encyclicals call for widespread property. It’s a canard that because they lack a definite program of implementation that they are “utopian.” Those who reject distributism, broadly speaking as an economic structure in which just wages and prices are possible and promoted, and where productive property is widespread, reject economic justice, and hence, the Gospel.
Oh, and the other reason people reject distributism is because they accept usury.