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Steve's avatar

I think that, as you imply in the article, industry that is local, so has a stake in the place it is impacting, and is of a scale that restricts its impact, does indeed have significant positive potential. The deregulation of global capital and the promotion of large corporations ahead of small businesses unfortunately mean we have "shareholders' interests" driving decisions rather than local people's. The big money descends, exploits, extracts and moves on with no care at all for the landscapes or communities it leaves behind. Yet, our mainstream politicians seem to believe that this global growth mantra is inescapable whilst our populist politicians are these very wolves in sheep's clothing.

Charles Trella's avatar

This substack re Distributism I think goes exactly where you were going and even points to W Germany as a model. https://nationaldistributistparty.substack.com/p/chesterton-belloc-and-the-distributist?r=4v9rk&utm_medium=ios

I am just leery that outside that specific apparently hard won context there is ever enough - patience? - tolerance for nuance? - (in Uk or USA) to get beyond the hardened reactionary extremes of ‘class warfare’ labels - ‘Billionaires Capitalist Big Business’, vs ‘Marxist Socialist Communist’ that anyone arguing for a ‘third way’ gets tarred & feathered with. I am skeptical that most modern ‘industrial’ entrepreneurs would embrace such cooperative or collective ownership arrangements. 🤷‍♂️

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