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Lives of Our Own

Lives of Our Own

Social Credit, Catholicism, and a Distributist Social Order

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. Whereas Distributism tends to look toward the past, the economics of the British engineer, C.H. Douglas, is future-oriented while seeking to conserve the best from the pre-capitalist economic tradition. In general, Social Credit may be described as a species of archaeo-futurism, a re-interpretation and application of certain Distributist principles to the modern, industrial world.

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Latest Articles

  • 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...
  • To Regulate or not to Regulate Retail Profit-Margins on Turnover? That is the Question!
    Recent events and discussions with both Douglas Social Crediters and others have brought the profit-regulation condition that was sometimes presented by Douglas as being part and parcel of the compensated price mechanism discount into focus. While some, following Douglas’ indications, have defended the profit-regulation mechanism as a necessary and/or important feature of the compensated price discount, others, including some seasoned Social Crediters, have objected to it as unnecessary and/or problematic for a variety of reasons. Rather than attempting to solve the problem or to resolve the dispute (which perhaps can only be properly decided definitively one way or the other by an empirical trial), I will aim to put the issue in context and to outline some of the main considerations both in favour and against the profit-regulation condition.
    Written on Saturday, 09 November 2024 08:23 Read more...