Here is something you all may be interested in.
On April 4th, Thomas Storck, Dr. Charles Clark, and Michael Novak participated in the conference “Catholicism and Economics,” a presentation and debate featuring three economic systems: capitalism, socialism, and distributism. They were tasked with presenting their positions, discussing their viability, and relating them to Catholic Social Teaching.
From the account presented here, I can only say that I wish I could have been there. The author promises that in the near future video recordings of the debate will be available on the website. I know I’m looking forward to it. This may be a biased account, but it sounds like Storck presented the best argument while Novak ventured off into the bizzare and semi-offensive. And with Caritas in Veritate now out, I can only imagine that the cases for distributism and laissez-faire capitalism have respectively grown stronger and weaker within Catholic circles.