26 of 29 people found the following review helpful:
5.0 out of 5 stars
Towards a Restoration of Property., December 8, 2004
This review is from: An Essay on the Restoration of Property (Paperback)
_An Essay on the Restoration of Property_ by Roman Catholic writer Hilaire Belloc, reprinted by IHS Press, is an essay which outlines Belloc's distributist scheme to restore widespread ownership of private property. As explained in a previous book _The Servile State_, Belloc contrasts three separate forms society may come to take: that of the servile state, that of communism, and that of the proprietary state (or distributism). Belloc explains this as follows: "There is a third form of society, and it is the only one in which sufficiency and security can be combined with freedom, and that form is a society in which property is well distributed and so large a proportion of families in the state severally OWN and therefore control the means of production as to determine the general tone of society; making it neither Capitalist nor Communist, but Proprietary." Distributism arose as a response to the excesses of industrial capitalism in which many families had been ruined, and the vast majority of the population was reduced to the level of wage slaves. In contradistinction to communism, distributism allowed for the maintenance of private property (communism basically reducing all individuals to the status of slaves to the state). In the Middle Ages, the serfs were at least allowed to own the means of production and made use of them through a guild system. With the breakdown of medieval society and the decline of Christendom, property was seized by the capitalist class. Belloc makes the analogy that it is necessary to achieve a restoration of property in the same manner as it is necessary to achieve a re-afforestation of barren land. In order to do this, Belloc offers several proposals, including the return to a guild system as well a system of taxation on large businesses which operate at the expense of the small businessman. Belloc's theories along with those of his fellow writer G. K. Chesterton, both published in the periodical _The New Age_ by Alfred Richard Orage, continued in the line of Catholic social teachings which arose as a response to the excesses of industrial capitalism and the dangers of communism in the beginning of the modern era.
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9 of 10 people found the following review helpful:
5.0 out of 5 stars
Steps Toward the Distributive State, July 2, 2008
This review is from: An Essay on the Restoration of Property (Paperback)
Hilaire Belloc wrote three excellent books setting forth his theory of economics, distributivsm. His first, in order of publication, was "The Servile State". In that book, published in 1912, Belloc argued that the distributive state, characterized by widespread ownership of property was the natural and proper political economy for man. But he argued that capitalism would tend toward a return to the Servile state, a state based on servitude. And, in the decades following 1912, this certainly took place throughout the world.
Belloc's "The Servile State" was well received. But he realized that there was a terrible lack of comprehension of economic issues in the reading public when his first work on economics was published. Therefore, he wrote "Economics for Helen" as a needed corrective.
With these two books in print, some criticized Belloc, and his colleague, G.K. Chesterton, for setting forth a doctrine that, though certainly ethically appealing was void of a practical program. Belloc's "An Essay on the Restoration of Property" and Chesterton's "Outline of Sanity" were the responses to this criticism.
This work is short, but brimming with wisdom. Belloc argues most persuasively of the importance, and even the urgency of a return to distributivism, the natural state of man. And he is even good enough to provide us with a workable approach to get there from here. The book is exellent, important, and well worth reading. God bless.
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