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The general purpose of "Lives of Our Own" is to introduce Social Credit economics to Distributists. There are a number of points of contact as well as important differences between these two schools of alternative economic thinking.

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

Wallace Klinck

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

Social Credit Philosophy is, above all, a reference text for serious students of the thought of Major Clifford Hugh Douglas.

Latest Articles

  • From the Proposed ABC Act to Full-Fledged Douglas Social Credit
    In essence, what has been put forward is a temporary implementation of the bare-bone essentials of the Douglas Social Credit monetary reform, as part of the U.S. government’s financial response to the Covid-19 crisis. Imagine that, all this time—countless decades in fact— Social Crediters have been calling for certain changes to the financial and economic structure of society, and now, if this bill is passed and becomes law, we will have a taste of it, ironically, without any of its proponents having known anything at all, presumably, about C.H. Douglas. That very fact confirms of one of Douglas’ key predictions: The increasing financial stress induced by ever-increasing debt in combination with steady labour displacement will eventually force a solution along Social Credit lines; the Coronavirus was merely the proverbial feather that broke the Camel’s back. Make no mistake about it; what we are looking at here is Douglas Social Credit…
    Written on Thursday, 21 May 2020 17:47 Read more...
  • Is it Time for some 'Debt-Free' Financing for Australia?
    But what if there is another way by means of which Australia could fund the stimulus package without driving up the National Debt? What if the stimulus money, something which both the economy as a whole and individual consumers desperately need, could be issued not as a debt, but as a ‘debt-free’ credit, or, in other words, as money that never need to be repaid by its recipients to the issuer, in this case, to the government viafuture taxes? This would obviously provide the benefit without imposing the disadvantages associated with increased debt.
    Written on Tuesday, 21 April 2020 21:14 Read more...
  • Covid-19 Capitalism, Neoliberal Debt & the Need for Sovereign Money
    This is a similar tale to the one experienced by British engineer Major C.H. Douglas just before the outbreak of World War I. Douglas was working on the London tube when his superiors announced that there was no more public money for any further construction. The budget had been reached and construction would have to halt. Douglas thought this strange since the materials, the know-how and the manpower were all present. The only thing lacking was money – but why? Then on the 28th of July, 1914, the Great War began and suddenly there was money available for everything the war effort required. This set the engineer on a quest to discover more about the nature of money and capitalist accounting. WWI was Douglas’ ‘teaching moment’ just as COVID-19 is our teaching moment. It will teach us many things: about our friends, family, colleagues, neighbours and communities. It will have…
    Written on Monday, 20 April 2020 17:08 Read more...