The digital age has brought with it many economic problems. Instead of exploring the possibilities for peer-to-peer exchange and broader business ownership, we have used digital technology to amplify the worst features of the industrial age: an addiction to growth-based business models, extractive economic practices and the disenfranchisement of labour. This is capitalism on steroids.
The challenge is how to stop all the power, wealth and resources ending up in hands of a few – which leads us to the very Catholic tradition of economic thinking known as distributism.
