Sunday, 26 July 2015 19:06

The Economic 'Grace' of Social Credit

Written by

"The unacknowledged, but obvious, truth is that unnecessary work, imposed by either edict or contrived financial legerdemain, is slavery and servitude—totally irrational and immoral. Every engineer worthy of the name is trying to eliminate the need for human effort as a factor of production while every witless or hypocritical politician, pressured by the financial powers above and an insecure and uncomprehending population below, is professing, at least, to promote policies designed to ‘put people back to work'.”

Sunday, 26 April 2015 21:59

The Flaw in The Circular Flow

Written by

In the modern world money is simply accountancy. It's issued by banks for production. Producers distribute it as effective purchasing-power as wages, salaries and dividends which are a part of industrial costs and prices. Industry must recover its costs through sales to the consumer and the money is then cancelled until reissued for a new cycle of production. Thus is created an endless cycle of money creation and destruction. Money is not a store of value and is increasingly a means of distribution rather than a means of exchange.

Sunday, 15 March 2015 22:32

A Synopsis of Social Credit

Written by

Social Credit refers to the philosophical, economic, political, and historical ideas of the brilliant Anglo-Scottish engineer, Major Clifford Hugh Douglas (1879-1952).

Tuesday, 10 March 2015 01:37

Social Credit: Then and Now

Written by

Social Credit is the brainchild of Major C. H. Douglas. During World War l, he was asked to sort out some problems at an aircraft factory in Farnborough and came across a discrepancy in their books. The factory generated costs at a much greater rate than it made available incomes to people. Thinking this curious, Douglas investigated a hundred or so British companies to discover that this imbalance was a general feature of modern industry. Wages, salaries and dividends paid to people by a factory, or other productive undertaking, were nearly always only a portion of total prices for goods made available by the same factory. This perplexed him because it guaranteed a quantity of goods that could not be sold, and what was the point of expending energy on making something that couldn’t, for financial reasons, be consumed?

The founder of the Social Credit movement, Major Clifford Hugh Douglas (1879-1952), correctly discerned the cause of our perennial economic difficulties and also developed a series of proposals to effectively deal with the  underlying problem.

Saturday, 03 January 2015 23:33

It's Time for an Economic Copernican Turn

Written by

The modern, industrial economy (and civilization at large) is in dire need of a Copernican-style transformation: society’s financial credit must be subordinated to its real credit. The Social Credit monetary reform provides both the policy and the appropriate mechanisms to make this superior possibility a reality.

Sunday, 28 December 2014 00:47

Social Credit Explained in 7 Points

Written by

     As interest in the economics of Social Credit grows, it is important to provide people with accurate and comprehensive summaries of C.H. Douglas' analysis and remedial proposals. In what follows, I will outline in seven points the salient features of the Social Credit approach to economic questions.

Although I disagree profoundly with Walter Russell’s ‘New-Agey’ worldview and spirituality, I think that he was on to something when he claimed that the very essence of the created universe consists in ‘rhythmic balanced interchange’. In a similar vein, I think that the type of changes envisaged by a Social Credit monetary reform (in clear contradistinction to all other monetary reform proposals) may be duly encapsulated in terms of ‘distributive self-liquidating balance’. Let us examine each of these elements in turn and in reverse order.

Latest Articles

  • To Haggle or Not to Haggle?
    I hate haggling. I have always hated haggling. Why do I dislike it so? In the first place, haggling seems like a tremendous waste of time, energy, and resources that could have been better spent on other things. It seems horribly inefficient. Beyond that, and even more fundamentally, haggling tacitly presupposes as a distinct possibility (if not probability) that there is a threat of rapacious hostility on the part of the seller. To defend himself from this threat, the buyer is coerced into haggling himself as it is his only means of countering it. For me, the underlying antagonism robs the experience of shopping of whatever pleasure it might otherwise possess.
    Written on Monday, 18 April 2022 17:58 Read more...
  • We Need a Constitutional Convention!
    The truckers have given us new hope, let us use the social energy which they have generated to achieve what otherwise would have been impossible: a constitutional reboot which will make Canada as financially and politically independent of globalist interference as possible.
    Written on Monday, 14 February 2022 19:27 Read more...
  • Social Credit and the Four Day Work Week
    ... The persistence of the five-day work week, while ostensibly due to economic reasons, is actually the outcome of the political imperative of vested interests that understand all too well the threat increased free time poses to them. Put differently, the four-day work week is a truly revolutionary proposal in more ways than one - and it is a tribute to the radical nature of Social Credit that its measures are altogether supportive of it.
    Written on Monday, 07 February 2022 00:27 Read more...