Distributism is a political creed which rejects both massive state ownership and unregulated free markets as economic solutions. It offers, not a middle way between socialism and capitalism, but a distinct third way based on decentralised decision-making and the promotion of widespread ownership of property.Distributism as a political philosophy was first formulated almost a century ago by Hilaire Belloc and G.K. Chesterton.A new generation of Distributist thinkers from around the world ga…