It’s been a while since I’ve reviewed an econ book though this is as much about politics and history as economics.
Essay: The Servile State, Hilaire Belloc, 1912.
I first came across the idea of distributism on Jerry Pournelle’s Chaos Manor blog. Distributism was one of those attempts at a “third way” between capitalism and socialism or communism. In England, it was put forth by two noted writers, both Catholic, G. K. Chesterton and Belloc. In America, it was associated with Dorothy Day and the Catholic Worker Movement.
My only previous exposure to Belloc was his alternate history essay “If Drouet’s Cart Had Stuck”. I got the vague impression that, like Chesterton, he longed for a return to the Middle Ages with the Catholic Church the predominant institution.
I still don’t know that much about Belloc, a very prolific writer. (You very well know some of his nursery rhymes and epigraphs without knowing it.) This short book, more of a pamphlet, is one of his books still discussed.
Distributism, of course, never caught on under that label though its tenet of decentralized economic power is still very much discussed. And, in this book, Belloc predicted it wouldn’t prevail. It’s a gloomy, concise bit of economic history which, despite some factors Belloc couldn’t see like massive immigration into western societies in the 20th century and automation, managed to be rather predictive.
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