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	<title>Comments on: Capitalism Needs More Non-Profits</title>
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		<title>By: Micha Elyi</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56608</link>
		<dc:creator>Micha Elyi</dc:creator>
		<pubDate>Wed, 28 Dec 2011 01:36:30 +0000</pubDate>
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		<description><![CDATA[Distributism requires individual ownership of &lt;i&gt;individual&lt;/i&gt; means of production, thus the aggregate and indirect forms of ownership that Mr. Perry mentions aren&#039;t distributist at all.

Some advocates of distributism relax the requirement of individuality a bit and include small group, even community, ownership of means of production but never the anonymous, aggregate corporate or indirect ownership that characterizes virtually all 401(k) retirement saving and investment schemes.

The system of natural liberty, or &quot;capitalism&quot; as its detractor Karl Marx insisted on calling it, is quite hospitable to distributist organizations of production - &lt;i&gt;as long as they are profitable.&lt;/i&gt;  Should a technology arise that is more productive than existing ones, can produce at small scales and yet has large diseconomies of scale, the system of natural liberty will encourage its widespread adoption and the creative destruction of existing mammoth corporate forms of ownership and worker anonymity.]]></description>
		<content:encoded><![CDATA[<p>Distributism requires individual ownership of <i>individual</i> means of production, thus the aggregate and indirect forms of ownership that Mr. Perry mentions aren&#8217;t distributist at all.</p>
<p>Some advocates of distributism relax the requirement of individuality a bit and include small group, even community, ownership of means of production but never the anonymous, aggregate corporate or indirect ownership that characterizes virtually all 401(k) retirement saving and investment schemes.</p>
<p>The system of natural liberty, or &#8220;capitalism&#8221; as its detractor Karl Marx insisted on calling it, is quite hospitable to distributist organizations of production &#8211; <i>as long as they are profitable.</i>  Should a technology arise that is more productive than existing ones, can produce at small scales and yet has large diseconomies of scale, the system of natural liberty will encourage its widespread adoption and the creative destruction of existing mammoth corporate forms of ownership and worker anonymity.</p>
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		<title>By: Joe DeVet</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56601</link>
		<dc:creator>Joe DeVet</dc:creator>
		<pubDate>Tue, 27 Dec 2011 23:01:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56601</guid>
		<description><![CDATA[Perry--I think you&#039;re making the author&#039;s point about distributism--that much of what a distributist wants is provided by capitalism.  Your point about ownership is particularly germane, and distributist advocates seem to be blind to it.

Nothing quite matches the obtuseness of distributists, who are wont to call capitalism a total failure because there are recessions, while forgetting that even in recession the capitalist participants are vastly better off than they would be under distributism.  Capitalists do make dumb comments, but not so much when they are advocating for a market system.  Distributists, by contrast, are congenitally blind to reality.]]></description>
		<content:encoded><![CDATA[<p>Perry&#8211;I think you&#8217;re making the author&#8217;s point about distributism&#8211;that much of what a distributist wants is provided by capitalism.  Your point about ownership is particularly germane, and distributist advocates seem to be blind to it.</p>
<p>Nothing quite matches the obtuseness of distributists, who are wont to call capitalism a total failure because there are recessions, while forgetting that even in recession the capitalist participants are vastly better off than they would be under distributism.  Capitalists do make dumb comments, but not so much when they are advocating for a market system.  Distributists, by contrast, are congenitally blind to reality.</p>
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		<title>By: Steve Billingsley</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56597</link>
		<dc:creator>Steve Billingsley</dc:creator>
		<pubDate>Tue, 27 Dec 2011 19:16:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56597</guid>
		<description><![CDATA[B.E. Ward
The U.S. does produce a lot of clothing.  It also imports a lot based on cheap labor.  Perlman doesn&#039;t make it clear what clothing he was referring to, but there is a lot of clothing manufactured in the U.S.  (1 billion units is likely not an underestimate).]]></description>
		<content:encoded><![CDATA[<p>B.E. Ward<br />
The U.S. does produce a lot of clothing.  It also imports a lot based on cheap labor.  Perlman doesn&#8217;t make it clear what clothing he was referring to, but there is a lot of clothing manufactured in the U.S.  (1 billion units is likely not an underestimate).</p>
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		<title>By: B.E. Ward</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56595</link>
		<dc:creator>B.E. Ward</dc:creator>
		<pubDate>Tue, 27 Dec 2011 18:41:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56595</guid>
		<description><![CDATA[Steve,

Of course not, but I also don&#039;t try to claim I &#039;produce&#039; something when it&#039;s really done on the backs of other people.]]></description>
		<content:encoded><![CDATA[<p>Steve,</p>
<p>Of course not, but I also don&#8217;t try to claim I &#8216;produce&#8217; something when it&#8217;s really done on the backs of other people.</p>
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		<title>By: ctd</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56594</link>
		<dc:creator>ctd</dc:creator>
		<pubDate>Tue, 27 Dec 2011 18:25:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56594</guid>
		<description><![CDATA[I notice that Perman writes about using the proper definitions of &quot;capitalism&quot; and &quot;socialism&quot; but does not give them.]]></description>
		<content:encoded><![CDATA[<p>I notice that Perman writes about using the proper definitions of &#8220;capitalism&#8221; and &#8220;socialism&#8221; but does not give them.</p>
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		<title>By: Jack Perry</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56593</link>
		<dc:creator>Jack Perry</dc:creator>
		<pubDate>Tue, 27 Dec 2011 18:14:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56593</guid>
		<description><![CDATA[I might be mistaken, but doesn&#039;t our economy have many distributist aspects? Our retirement accounts are a significant vehicle for distributing capital: 401(k)s, 403(b)s, and the like are a significant sector of the economy, and have a strong voice on corporate boards. We also have a strong system of credit unions (which are non-profits), who have remained largely unaffected by several banking crises, and here and there you can find co-ops (rural electric power, for example).

These organizations have sometimes had to thrive in environments hostile to their growth. Left-wing thinkers tend to prize a defined-benefit pension from the government, which provides a greater measure of security than 401(k)s (unless your government reneges and/or runs out of money, as state employees sometimes discover). On the other hand, banks (which are for-profit) sometimes try to enact laws that hinder the growth of credit unions, and many corporations try to make it hard to set up and maintain a co-op.

In any case, advocates of capitalism are also likely to say some pretty stupid things. After all, we also live in a culture that assumes that even disproportionate wealth is a sign of success and/or hard work, rather than temporary accidents or the consequence of luck, dishonesty, and/or exploitation, and that income disparities resulting from the same can be dismissed as mere covetousness.]]></description>
		<content:encoded><![CDATA[<p>I might be mistaken, but doesn&#8217;t our economy have many distributist aspects? Our retirement accounts are a significant vehicle for distributing capital: 401(k)s, 403(b)s, and the like are a significant sector of the economy, and have a strong voice on corporate boards. We also have a strong system of credit unions (which are non-profits), who have remained largely unaffected by several banking crises, and here and there you can find co-ops (rural electric power, for example).</p>
<p>These organizations have sometimes had to thrive in environments hostile to their growth. Left-wing thinkers tend to prize a defined-benefit pension from the government, which provides a greater measure of security than 401(k)s (unless your government reneges and/or runs out of money, as state employees sometimes discover). On the other hand, banks (which are for-profit) sometimes try to enact laws that hinder the growth of credit unions, and many corporations try to make it hard to set up and maintain a co-op.</p>
<p>In any case, advocates of capitalism are also likely to say some pretty stupid things. After all, we also live in a culture that assumes that even disproportionate wealth is a sign of success and/or hard work, rather than temporary accidents or the consequence of luck, dishonesty, and/or exploitation, and that income disparities resulting from the same can be dismissed as mere covetousness.</p>
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		<title>By: Steve Billingsley</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56588</link>
		<dc:creator>Steve Billingsley</dc:creator>
		<pubDate>Tue, 27 Dec 2011 17:15:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56588</guid>
		<description><![CDATA[B.E. Ward

And of course you make all of your own clothing, grow all of your own food, make all of your own tools and typed your comment on a computer that was manufactured by high-wage earning workers in a factory fueled 100% by sustainable energy.]]></description>
		<content:encoded><![CDATA[<p>B.E. Ward</p>
<p>And of course you make all of your own clothing, grow all of your own food, make all of your own tools and typed your comment on a computer that was manufactured by high-wage earning workers in a factory fueled 100% by sustainable energy.</p>
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		<title>By: B.E. Ward</title>
		<link>http://www.firstthings.com/blogs/firstthoughts/2011/12/27/capitalism-needs-more-non-profits/comment-page-1/#comment-56585</link>
		<dc:creator>B.E. Ward</dc:creator>
		<pubDate>Tue, 27 Dec 2011 16:10:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.firstthings.com/blogs/firstthoughts/?p=38089#comment-56585</guid>
		<description><![CDATA[We make 1 billion units of clothing per year?  I suspect it&#039;s more like &quot;Indentured servants make most of the 1 billion units of clothing per year that we claim to produce.&quot;

But we shouldn&#039;t let that stop us from engaging in a good ole back-patting.]]></description>
		<content:encoded><![CDATA[<p>We make 1 billion units of clothing per year?  I suspect it&#8217;s more like &#8220;Indentured servants make most of the 1 billion units of clothing per year that we claim to produce.&#8221;</p>
<p>But we shouldn&#8217;t let that stop us from engaging in a good ole back-patting.</p>
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