Publications

The Economics of Social Credit and Catholic Social Teaching

In The Economics of Social Credit and Catholic Social Teaching, Dr. Oliver Heydorn argues that it is high time that all Catholics take seriously and examine closely the economic ideas of Major Clifford Hugh Douglas (1879-1952). By surveying the key principles contained within the Church's social doctrine in conjunction with Douglas' Social Credit proposals and their underlying philosophy, the author demonstrates that (in stark contrast to the dead-ends of Austrian economics and the 'Christian socialism' of 'liberation theology' et al. and the half-way houses of classical distributism and economic personalism) it is Social Credit which most fully merits the support of Catholics as the best alternative to the economic status quo.

     A Review of The Economics of Social Credit and Catholic Social Teaching:
     http://www.socred.org/blogs/view/a-review-of-the-economics-of-social-credit-and-catholic-social-teaching.

 

     The book is available on-line through the amazon network in the following countries:

     Canada

     France

     Germany

     India

     Italy

     Japan

     Spain

     The United Kingdom

     The United States

 

     It is also available in most other countries through Createspace's extended distribution network, for example, via Bookdepository.com: Book Depository.

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Latest Articles

  • Social Credit and Democracy: The Problem - Part Four
    "If one wishes to do full justice to reality – regardless of the topic that is being investigated - it is of the gravest importance to neither underestimate nor overestimate the phenomenon in question. Accordingly, whenever this particular question of ‘conspiracy’ becomes the subject of reflection, the thoughtful individual will seek to follow a sensible middle-path in accordance with the available evidence and in full knowledge of his cognitive limitations. This will allow him to scrupulously avoid the error of those who become irrationally suspicious, i.e., paranoid, while, at the same time, avoiding the mistake of those who, by preferring to be complacently sceptical, refuse to call a spade a spade. To deny the reality and indeed even the possibility of conspiracy as an explanatory factor behind much of our socially-induced discontent is just as irrational, therefore, as to think that every negative thing that occurs in the world must…
    Written on Thursday, 08 November 2018 02:23 Read more...
  • 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’.
    Written on 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.
    Written on Wednesday, 29 August 2018 14:16 Read more...