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Author Archive for David W. Cooney

Editorial Board, The Distributist Review

Book Review: All the Devils Are Here
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Book Review: All the Devils Are Here

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All the Devils Are Here, by Bethany McLean and Joe Nocera, is a fascinating look at the principle players who brought about the financial crisis of 2008. It reveals the motives and mistakes made over the course of a decade by those who were entrusted with running the largest financial corporations of the world as […]

Practical Distributism: The Home Mortgage
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Practical Distributism: The Home Mortgage

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We have had several articles and comments regarding usury, mainly focusing on what usury is and why distributists oppose it. Considering the prevalence of usurious practices in our current economy, can we even envision how our banking and credit system would work without it? We must candidly admit that loans (and I use the term […]

Justice, Fairness, and Taxation, Part 4
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Justice, Fairness, and Taxation, Part 4

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I would like to wrap up this series with an examination of a few more types of taxation. Keep in mind, that this series is not intended to be exhaustive. It is intended to open the door to discussion by presenting ideas for consideration. (See Part 1, Part 2, Part 3) I do not pretend […]

Justice, Fairness, and Taxation, Part 3
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Justice, Fairness, and Taxation, Part 3

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In Part 1 and Part 2, I mainly discussed the different schools of Capitalist thought (Keynesian and non-Keynesian) and how Distributism differs from them in regard to the role of government in stabilizing the economy and the use of taxation in doing so. Before I begin discussing the different methods of taxation, I should also […]

Justice, Fairness, and Taxation, Part 2
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Justice, Fairness, and Taxation, Part 2

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In Part 1 of this article, I pointed out that a purpose of the Keynesian redistribution of wealth was to keep the engine of Capitalism working. Its adherents advocate it from a sincere belief that this is the best way to help everyone. It sustains the poor and maintains the wealthy. The conservative and libertarian […]

Justice, Fairness, and Taxation, Part 1
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Justice, Fairness, and Taxation, Part 1

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Very few people actually argue that there should be no tax to support the functions of government. Distributists accept that government has a proper role in society and needs to exist for the fulfillment of that role. The functions of government have a cost which must be covered, therefore, we must address the question of […]

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Practical Distributism: Subsidiarity and Social Security

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Distributism includes the principal of subsidiarity, the idea that the family is the basic unit of society and higher levels of societal organization (city, county, state, federal) exist to support the lower levels without the authority to usurp their roles and rights. The higher the level of societal organization (government), the lower its scope of […]