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’ 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...