> There is an economic third way alternative to capitalist rent seeking and socialist totalitarianism: distributism.

It should be noted that Milton Friedman, who was as capitalist as it gets, advocated for guaranteed basic income, which is at its source an income redistribution scheme.

Whether the income is financed by taxes (taking cash out of the rich to distribute it to the poor) or through monetary policy schemes (printing away cash) the end result is that such a scheme results in redistributing wealth around the whole society.