Clifford Hugh Douglass Social Credit

Social Credit Theory

Social Credit Theory Individuals who are unfamiliar with Social Credit, or who wish to deepen their understanding, may begin their exploration of this site by browsing our 'Social Credit Theory' pages.

 

Social Credit Action

Social Credit ActionIndividuals who have already attained an adequate comprehension of Social Credit theory and who desire to do something to make Social Credit a reality may go directly to our 'Social Credit Action' pages.

 
 

What is the C.H. Douglas Institute?

HummingbirdThe C.H. Douglas Institute is a registered not-for-profit organization that is committed to furthering Social Credit education and facilitating Social Credit advocacy. ‘Social Credit’ being the name which is typically given to that coherent and cogent body of thought on social matters that was first developed in the early decades of the twentieth century by the brilliant Anglo-Scottish engineer, Major Clifford Hugh Douglas. On the one hand, the institute seeks to introduce the wider public to Douglas’ economic, political, and cultural ideas, while deepening the understanding of those who have already had some exposure to Social Credit. On the other hand, we wish to bolster the efforts of all those who have grasped the tremendous value and relevance of the Social Credit analysis and remedial proposals and who therefore wish to work for the establishment of a Social Credit commonwealth. This institute proposes to provide the necessary assistance by serving as a co-ordinating and resource centre for the wider Social Credit movement. Although based in the province of Ontario, Canada, we are keenly interested in assisting all suitably motivated individuals and groups, wherever they may be, in their endeavour to bring their respective societies into greater alignment with Social Credit principles. 

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[I]t is accurate to say that ultimately the core of the problem can be put into four words –
“the monopoly of credit,” and that the solution of the problem is also contained in four words –
“the distribution of credit."

C.H. Douglas, Major C.H. Douglas Speaks

Latest Articles

  • Social Credit and Democracy: The Problem - Part Three
    Thus far in this series of articles exploring the relationship between Social Credit and democracy, we have seen that conventional ‘democracy’ suffers from a large number of design faults which vitiate it and render it ineffective. That would be bad enough, but Douglas goes one step further and claims that the ineffective mechanisms of conventional ‘democracy’ provide the best possible cover for the operations of a hidden dictatorship. Not only do they provide the best possible cover, but the same mechanisms which are ineffective from the point of view of fulfilling the true purpose of political association can be rendered most effective (by being cleverly manipulated) for the purpose of fulfilling an alternative policy-objective, one that is imposed by an agency that is external to the elected ‘government’.
    Tuesday, 18 September 2018 22:58 Read more...
  • Financial Credit as a Merit Good
    The debt­-finance system, by generating a chronic insufficiency of purchasing power, thereby requiring increased borrowing (in lieu of large trade surpluses) if economic activity is not to grind to a halt, causes the State ­ with its great, almost unlimited capacity to borrow, thanks to its power to tax (i.e. creditors are eager to lend to it in the knowledge that it will always have a means to pay them back), to expand its role in the economy. Thus, as society finds its purchasing power increasingly insufficient to satisfy its requirements, the State steps in, with its role becoming larger and larger as it fills the growing gap. Caught unawares by these developments, which they were utterly incapable of anticipating, economists scrambled to come up with theories explaining ­ and indeed, justifying ­ such extensive government intervention.
    Wednesday, 29 August 2018 14:16 Read more...
  • Visualizing the Gap
    The central contention of the Social Credit critique of contemporary economic management (or rather mismanagement) is the existence of a gap between prices and incomes in the operation of any modern economy - i.e. an economy based on debt-finance and multi-stage, mechanized production. This underlying deficiency of purchasing power, makes it impossible to liquidate the costs of production without resorting to increased debt and/or a large trade surplus - since prices cannot fall below costs without putting the continued operation of an enterprise in peril, (unless it can rely on direct or indirect government support). Furthermore, the critique contends that this gap is bound to grow as the economy becomes more sophisticated - i.e. as production involves more and more stages, and use of machinery increases - entailing spiralling debt and increasing trade tensions if the necessary financial remedies are not applied.
    Tuesday, 28 August 2018 13:37 Read more...