John Médaille is a retired businessman and, for the last fifteen years, an adjunct instructor at the University of Dallas, where he teaches the courses Introduction to the Bible and Catholic Social Teaching for Business Students. He is the author of The Vocation of Business and outlines the fundamentals of distributism in his book Toward a Truly Free Market. His writing is also featured in The Crisis of Global Capitalism and in Localism in the Mass Age.

In this live video, Mr. Médaille discusses the characteristics of capitalism, socialism, and distributism, and makes clear how the free market is distinct from capitalism.