distributism
[ dih-strib-yoo-tiz-uh m ]
/ dɪˈstrɪb yʊˌtɪz əm /
noun
a socioeconomic theory and system advocating widespread ownership of private property and the means of production: based on late 19th-century Catholic teachings on economic and social justice.
Also called
dis·trib·u·tiv·ism,
dis·tri·bu·tion·ism
[dis-truh-byoo-shuh-niz-uh m] /ˌdɪs trəˈbyu ʃəˌnɪz əm/.
Origin of distributism
First recorded in 1920–25;
distribut(e) +
-ism