Social Credit Views

Thursday, 14 May 2015 06:32

The Knowableness of Finance

Rate this item
(0 votes)

It is the purpose of Social Credit proposals regarding finance to make the figures fit the facts.[1] In other words, the subordination of finance to reality.

It would be expected in this age of confusion, where perspective and reality are taken for the same thing, that someone might ask, 'what reality?'

At present we allow the language of finance to shape our perception of reality. Under the spell of this outlook, the money shortage makes scarce that which is abundant, resources of people, unemployment of leisure, and labour saving machinery a slave driver. It turns facts into figures. The financial system makes the instrument we require to carry out our business a liability and a limitation against the very wealth it was created to represent and distribute. It's like a tractor designed to get bogged.

There are a great many things destined to remain unknown to us. Finance is not one of these things. Man created the system in its entirety. It is a machine driven by people in pursuit of objectives. Can we know the truth about how a kettle works? Of course we can. Can we isolate what is wrong with it when it doesn’t work? Again, yes. And when we discover the problem, we fix it so that it boils water, or we throw it away and get a different one.

It is high time we examined, as individuals, the machinery of the financial system. To think about what we want of it and how we can get this machine to do the things we want it to do. We do not want a government from our economic system. We do not want employment for the sake of employment and we do not want all this waste and war.

 

Reproduced with permission from socialcredit.com.au:

http://www.socialcredit.com.au/easy-blog/entry/48-the-knowableness-of-finance

 

------

1. Douglas, C.H. 1922. The Control and Distribution of Production. London: Cecil Palmer

Last modified on Sunday, 11 February 2018 05:35

Leave a comment

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

Latest Articles

  • Douglas Social Credit ... By Way Of Metaphor
    For whatever reason, Douglas Social Credit seems to exhibit an unusually high informational “barrier to entry” and yet it is vital that as many people as possible would come to understand it as quickly as possible because the financial analysis and remedial proposals of Major C.H. Douglas (1879-1952) are the solution to 90% or more of our financial, economic, political, cultural, environmental, and international problems. In what follows, I will focus on the monetary dimensions of Douglas Social Credit, though the reader should be aware that DSC constitutes a much broader body of thought which incorporates a social philosophy, a political theory, and also a theory of history. Since the easiest way to grasp something new and therefore unknown is to approach it by means of the known, this article relies heavily on metaphors to communicate the truth of Douglas’ vision.
    Written on Saturday, 13 January 2024 15:56 Read more...
  • Dr. Oliver Heydorn on Mark Anderson's "Stop the Presses" Radio Show
    On January 3rd, 2024 and again on January 10th, 2024, Dr. Oliver Heydorn appeared as a guest of Journalist Mark Anderson on the Republican Broadcasting Network. The interviews can be accessed under "read more".
    Written on Wednesday, 10 January 2024 17:02 Read more...
  • Inflation? Maybe it’s Time We Tried Compensated Price Discounts
    If the inflation we are witnessing is cost-push, instead of demand-pull, or insofar as it is cost-push, there is another way of dealing with the problem which governments and their central banks should seriously consider: compensated price discounts. Instead of increasing wages across the board (which will only further increase prices), the same amount of money required for the wage increases could be spent on reducing prices through a universally applied discount (a kind of reverse sales tax). Retailers would be compensated to the extent of the discount (enabling them to meet their costs in full), while consumers would see the purchasing power of their current wages, savings, etc., correspondingly increased. The cost-push inflation would be neutralized and everyone would benefit.
    Written on Friday, 05 August 2022 00:40 Read more...