Social Credit Views

Monday, 20 October 2014 00:32

The Importance of Folk Culture

Rate this item
(53 votes)

In our contemporary world, dominated as it is by a dysfunctional (read unbalanced) financial system that is leveraged by a credit monopoly, indigenous folk cultures are being threatened and gradually eroded. Their replacement by a vacuous, cosmopolitan, politically correct, and consumerist culture serves the interests of those who wish to breakdown natural cultural differences in order to centralize power in the hands of an international oligarchic elite. Indigenous folk cultures are a key element in a society's social credit, i.e., a society's capacity to deliver satisfactory results to its various members. People who share a cultural 'operating system' that is organically derived are, as many studies have shown, far more likely to trust and understand each other and to therefore co-operate effectively for the sake of mutual advantage. Folk cultures effortlessly provide a common identity and direction, a natural sense of belonging, that cannot be replicated by any amount of social engineering. In view of their importance for human functioning and well-being, it is wonderful to see that folk cultures are still very much alive in many parts of the world, as this video celebrating traditional basque dancing demonstrates:

https://www.youtube.com/watch?v=y-UhSAJBm9E

 

 

Last modified on Friday, 05 November 2021 04:21

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

1 comment

  • Comment Link  Wallace Klinck Saturday, 10 February 2018 23:38 posted by Wallace Klinck

    Excellent observations. There is more to life than bread alone and when people are forever challenged to obtain material security and are subject increasing servitude to debt they have less time to devote to cultural activities. When a satisfactory life is not attainable in their own lands people tend to scatter over the earth to other nations in a quest for a better standard of living. This type of movement is
    destructive to culture when It does not happen naturally and organically but primarily consequent to a defective system of finance that fails, even though production efficiency has increased manyfold, to yield falling prices and increasing leisure. We desperately need National Dividends and Compensated Prices in order that prices might reflect actual increases in production efficiency without creating un-repayable debt.

Latest Articles

  • The Creditary Nature of Money in Post Scarcity
    The Austrian School of economics maintains that money originated as a high-saleability commodity selected by market forces to reduce barter friction, treating credit as a secondary mechanism backed by pre-existing physical savings. This paper demonstrates that the Austrian foundational model rests on dual empirical and operational fallacies: the myth of commodity money and the myth of absolute physical scarcity. Drawing on A. Mitchell Innes’s credit theory of money, modern balance-sheet mechanics, C.H. Douglas’s Social Credit analysis, and the realities of modern industrial capacity, we show that money has always been credit—a system of clearing debt—and that credit creation precedes both savings and physical production. In a technological era characterized by systemic capacity abundance, holding to gold-standard or loanable-funds assumptions misdiagnoses the nature of financial capital, misunderstands the true drivers of inflation, and severely distorts macroeconomic analysis.
    Written on Sunday, 23 August 2026 12:14 Read more...
  • Morality, Douglas Social Credit, and Economics
    It is possible to frame the Douglas Social Credit diagnosis for our financial and economic woes, as well as its remedial proposals for monetary reform in the common interest of the citizenry, in terms of morality. Like the thread of Ariadne that led Theseus through the labyrinth of the Minotaur and safely out again, a specific understanding or conception of morality can serve as the fil conducteur—the guiding thread—which unfolds the DSC diagnosis and remedial proposals step by step in a systematic, logical way. Yet the deeper reason this moral framing actually succeeds as an explanatory heuristic is that the DSC model is itself endogenously moral: morality is not to be applied to the system from outside by the action of some agent (who presumably directs the system to moral as opposed to immoral ends); rather, morality is built right into the ordinary operating structure and everyday functioning of the…
    Written on Thursday, 06 August 2026 08:02 Read more...
  • The Canadian Federal Debt Debate: Auditor General Numbers, Framing, Causality, and a Social Credit Lens
    Understanding this question concerning federal debt in precise terms matters. It moves us beyond simplistic "debt trap" stories or denials of fiscal pressures toward a nuanced recognition of trade-offs, agency, and alternatives. Sustainable fiscal policy requires primary balance discipline, growth-enhancing reforms, and — in line with the Douglas Social Credit monetary reform proposals — exploration of more direct, less burdensome mechanisms to ensure adequate purchasing power. Canada's experience from 1974 onward offers lessons in both the power and perils of relying on debt-financed demand management.
    Written on Tuesday, 30 June 2026 10:25 Read more...