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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.

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Latest Articles

  • Douglas’ 2nd Proof for the A+B Theorem (The Misalignment of Accountancy Cycles)
    In The Monopoly of Credit (1931), C.H. Douglas presents his second proof for the A+B theorem, arguing that the two core accountancy cycles of an industrial economy: the creation and destruction of money (Cycle 1) and the creation and liquidation of costs (Cycle 2) are misaligned, resulting in a systemic deficiency in purchasing power. The money cycle (Cycle 1) operates at a faster pace than the cost creation and liquidation cycle (Cycle 2), creating a gap between prices and purchasing power that widens with greater dyssynchrony and narrows with greater synchrony. Indeed, if the cycles were perfectly aligned, money creation/spending and cost creation/liquidation would occur simultaneously, eliminating the gap entirely. [1] C.H. Douglas, The Monopoly of Credit 4th edition (Sudbury, England: Bloomfield Books, 1979), 46-50.
    Written on Tuesday, 13 May 2025 09:39 Read more...
  • Douglas Social Credit Through the Lens of Market Failure
    Recently, perhaps as a result of some interactions on social media, it has occurred to me that the best angle for approaching the Douglas Social Credit analysis and proposals for the benefit of those on the conventional right of the economic and political spectra is to frame Douglas’ stance in terms of the concept of market failure. To the question: “What is Douglas Social Credit all about?”, we can respond as follows: Douglas Social Credit is an economic model that is based on a diagnosis and a set of prescriptions. The diagnosis is that the number one cause of economic failure is a specific category of market failure, and the number one cause of the market failure in question is the existing financial system.[1] The remedy is to reform the financial system, to correct its faulty design in such way that not only will it no longer interfere with the…
    Written on Monday, 10 February 2025 18:16 Read more...
  • Social Credit and War
    Social Crediters have repeatedly warned that there is a chronic economic cause, entirely artificial in nature and, therefore, unnecessary, which inexorably leads nations to take up arms against each other.
    Written on Monday, 11 November 2024 06:20 Read more...