Distributism ... hm. How to put this? As economic/social theory, distributism ain't half bad. Distributism, and I quote Wikipedia here, posits that "property ownership is a fundamental right and the means of production should be spread as widely as possible among the general populace, rather than being centralized under the control of the state (state socialism) or by an elite of wealthy property owners (laissez-faire capitalism)."
The only problem is that existing distributists appear to be crazy people, judging by the first few Google results. But an examination of possible alternative economic systems would be an interesting thing to contemplate, wouldn't it?