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Social Credit Economics

"Most comprehensive review of Douglas Social Credit perhaps ever authored!"

     The author has meticulously gathered the essential ideas of Social Credit as advanced originally by Clifford Hugh Douglas and put them between two covers where they can be readily accessed by students and interested parties. This book should readily qualify as an authoritative text for academics, students and public policy makers. It presents the most realistic analysis of modern financial civilization, its core inherent defect--a growing deficiency of effective consumer purchasing-power necessitating the exponential growth of financial debt--and offers the appropriate remedial measures, being primarily a progressive issue of consumer credits, originating without being accounted as debt and taking the form of universal consumer dividends and compensated retail prices to effect a falling general price-level. A brilliant compilation of essential information that should be read and studied by every responsible citizen.

                                                                                                                                                                    Wallace Klinck

 

     By presenting the key economic ideas of Major Clifford Hugh Douglas (1879-1952) in a clear, systematic, and comprehensive fashion, this work constitutes an academic standard of reference for those who wish to obtain a more advanced understanding of Social Credit economics. It is divided into three parts covering Douglas' diagnosis regarding the nature and cause of economic dysfunction in the modern, industrialized world, his prognosis, including an evaluation of the conventional methods of macroeconomic management, and, finally, his remedial principles and proposals. Just as Douglas' analysis goes to the very heart of what is structurally wrong with the financial and economic systems of contemporary civilization, Social Credit Economics effectively captures and distills the essence of his economic thought, rendering it more easily accessible to the broadly educated and reflective reader.

 

     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.

Latest Articles

  • The Scales and the Dam
    "One of the very first lessons in a typical introductory economics course - and rarely, if ever questioned by either teacher or pupil - is the existence of resource scarcity coupled with the unlimited desires of humanity. Students are then informed that economics is the 'science' of managing (rather than overcoming) this scarcity - and in time, they learn how to manage it in their favour at the expense of others."
    Written on Sunday, 10 March 2019 17:11 Read more...
  • The Hydroelectric Dam as a Metaphor for Social Credit
    In a recent paper entitled “The Scales and the Dam: Static and Dynamic Conceptions of the Economy”, Arindam Basu has introduced a brilliant metaphor that can be adapted in various ways to explain both how the economy functions under the existing financial system and how it would function under Social Credit: “A typical run-of-river hydroelectric dam, which uses a flow of water to generate a flow of electricity, may serve quite well as a metaphor for an economy that converts a flow of money into a flow of goods and services.”[1] As Arindam notes, this analogy can be developed further in a variety of ways.
    Written on Friday, 08 March 2019 17:31 Read more...
  • Social Credit and Democracy: The Problem - Part Five
    Thus far, we have looked at the whats and the whys of the financial domination of liberal democracy. It is now time that we turn to a more detailed examination of the hows. Let us begin with the general observation that, in a society operating under the Monopoly of Credit, organized political activity, like most other activities, is largely dependent – directly or indirectly – on Finance. Money, both in the form of producer credit and in the form of income, is maintained in a state of artificial scarcity, and Finance will naturally be inclined to ration it to those who do its will and to punish those who resist by denying them access to the life-giving credit. Credit, in turn, is a necessary means for obtaining most of the material and human resources required for political action. In this way, Finance can condition political activity to the point of…
    Written on Monday, 31 December 2018 22:25 Read more...