THE GUILD ALTERNATIVE by ARTHUR PENTY

A fascinating book which looks at the basis of Capitalism - and how a return to the social system of the Guilds, with their social aspects, steeped in Christian morality, can give freedom back to the working man and improve the quality of goods available..

A fascinating book from a political level, but also from a social level and an economic level.

There is also a brilliantly written introduction from the publishers.

A great book - whether your interest is Guild social teaching, history, politics or economics. 

Some background on Penty:

 The somewhat complex British development of distributism emerged as a conjuncture of ideas of Penty, Hilaire Belloc and the Chestertons Cecil and Gilbert. It reflected in part a first split from the Fabian socialists of the whole New Age group, in the form of the Fabian Arts Group of 1907.

Orage was a believer in Guild socialism for a period. After C. H. Douglas met Orage in 1918, and Orage invented the term Social Credit for the Douglas theories, there was in effect a further split into 'left' (Social Crediters) and 'right' (distributist) thinkers. This is, though, fairly misleading as a classification; it was also to some extent a split between theosophist and Catholic camps.

Penty went with the distributists. Distributism in the 1920s took its own direction, as Belloc wrote his version of it in the period 1920 to 1925 and connected it with his political theories. The British Labour Party declared against Social Credit in 1922.

Gradually, although G. K. Chesterton supported the General Strike of 1926, distributism found itself on the right wing. Alignments with the British ruralist writers, such as H. J. Massingham, approximate equivalents of American agrarians, brought it into contact with a number of far right believers. In this context Penty wrote his 1937 Distributism: A Manifesto, the year after the death of Chesterton.

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