A Catholic Economic System
In his lecture on the 11 March in Chicago, economist Harold Harett has made a shocking speech in front of politics students and representatives from different political structures about the distribution of political power in a state. He revealed his ’perfect state'economic system and described its environment as a distributive state (also known as a Catholic economic system state).
Politics often resembles artist John Waterhouse performances. However, it has a deeper influence that we suggest just because it determines the economic environment. Harett revealed that through the distributive political management of the economy, states would achieve what both communism and capitalism could not - a stable and equal society.
He argues that promoting catholic values is just a beginning - his main point is that in distributive economic system communism and capitalism would persist. In terms of capitalism, private ownership would be encouraged as well as competition and business activity. His main idea s that capitalism is good when controlled and this is the reason why he says that equal society can be achieved only through partial capitalism achievements.
In terms of communism, Harett reveals that the distributism would promote private ownership but would aim to keep on low levels. Thus there would be many small business but not major business players. Thus everyone would be equally offered small business production which would encourage the development of individuals but also keep them in one social layer.
The hybrid economic system would also promote the values of Christianity in the sense of catholicism and thus harmony and social understanding can be achieved in the ’perfect state'as described by Harett.
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