What is the C.H. Douglas Institute?

 The C.H. Douglas Institute is a registered not-for-profit organization that is committed to furthering Social Credit education and facilitating Social Credit advocacy. ‘Social Credit’ being the name which is typically given to that coherent and cogent body of thought on social matters that was first developed in the early decades of the twentieth century by the brilliant Anglo-Scottish engineer, Major Clifford Hugh Douglas. On the one hand, the institute seeks to introduce the wider public to Douglas’ economic, political, and cultural ideas, while deepening the understanding of those who have already had some exposure to Social Credit. On the other hand, we wish to bolster the efforts of all those who have grasped the tremendous value and relevance of the Social Credit analysis and remedial proposals and who therefore wish to work for the establishment of a Social Credit commonwealth. This institute proposes to provide the necessary assistance by serving as a co-ordinating and resource centre for the wider Social Credit movement. Although based in the province of Ontario, Canada, we are keenly interested in assisting all suitably motivated individuals and groups, wherever they may be, in their endeavour to bring their respective societies into greater alignment with Social Credit principles.  


Social Credit in Summary

     1. "The Social Credit Angle"  


     2. What is Social Credit all About?



The Economics of Social Credit in Summary

     1. "A Synopsis of Social Credit"


     2. "Social Credit Explained in 7 Points"


     3. "Social Credit: Then and Now"


     4. "Social Credit: A Simple (If Somewhat Lengthy) Explanation"


     5. "It's Time for an Economic Copernican Turn"


     6. "A Summary of the Social Credit Monetary Reform"


     7. The Flaw in the Circular Flow


8. The Economic 'Grace' of Social Credit




The A+B Theorem

     1. "The Core of the Core of Douglas' A+B Theorem (and hence of Social Credit's Economic Diagnosis)"



The Bank Creation of Money Out of Nothing


     1. "A Conversation with a Loans Officer"


     2. "Yes, Virginia, the Banks Really Do Create Money Out of Nothing"



Social Credit and Usury

     1. "Social Credit and Usury"


     2. "Social Credit, Usury, and Catholicism"



Social Credit vs. a Basic Income

     1. "The (BIG!) Difference between a National Dividend and a Basic Income"


     2. "A National Dividend vs. a Basic Income - Similiarities and Differences"


     3. "Le Dividende Universel Pour la Suisse"



Social Credit and Leisure

      1. "The Meaning of Leisure"



Social Credit vs. Socialism

     1. "Why Social Credit is not Socialism"



Social Credit and Income Inequality

     1. "Is Income Inequality the Central Economic Problem?"



Social Credit and War

     1. "Social Credit and War"


Social Credit and Catholicism

     1. "A Review of The Economics of Social Credit and Catholic Social Teaching"


     2. "Laudato Si' and Missed Opportunities"


     3. "Subsidiarity, Distributism, and Social Credit (or Three Acres and a Cow)"






  • History is crystallised Politics, not disconnected episodes.C.H. Douglas, The Big Idea
  • The modern State is an unlimited liability corporation, of which the citizens are the workers and guarantors, and the financial system the beneficiary.C.H. Douglas, The Monopoly of Credit
  • The proper function of a money system is to furnish the information necessary to direct the production and distribution of goods and services. It is, or should be, an “order” system, not a “reward” system.C.H. Douglas, Social Credit
  • [U]nder certain circumstances, almost universal in modern industry ... purchasing power cannot be equal to prices, if purchasing power and prices are both considered as a flow....C.H. Douglas, The New and the Old Economics
  • Unrestrained by the financial system, the resources of modern production would be sufficient
    to provide for the material desires of the whole population of the world
    at the expense of a small and decreasing amount of labour....C.H. Douglas, The Monopoly of Credit
  • [T]he twin evil (common more or less to all existing organized Society) of servility is poverty ... Poverty is in itself a transient phenomenon, but servility (not necessarily, of course, of manner) is a definite component of a system having centralised control of policy as its apex....C.H. Douglas, Economic Democracy
  • [T]he only sane objective of an industrial and productive system is to deliver goods as, when, and where desired with the minimum of trouble to anyone....C.H. Douglas, Warning Democracy
  • At the root of the growing danger of Government and other embodiments of execution is the idea that human beings are all alike. So far from this being the case, I believe that as human beings develop they become increasingly different.C.H. Douglas, Security: Institutional and Personal
  • There is only one sound basis for co-operative society,
    and that is individual and personal responsibility.C.H. Douglas, The Big Idea
  • [T]he true cost of a given programme of production is the consumption of all production over an equivalent period of time....C.H. Douglas, The Monopoly of Credit
  • From one point of view a perfect financial system would simply be a mirrored reflection of every change in physical facts of the economic system....C.H. Douglas, Money and the Price System
  • [T]he real basis of credit is the producing and consuming capacity of the community....C.H. Douglas, The Monopoly of Credit
  • Every article which is produced has a price attached to it, and somewhere on the opposite side of the account there should be a sum of money capable of moving each and every article out of the production system into the consuming system.C.H. Douglas, Warning Democracy
  • [T]he Just Price of an article ... bears the same ratio to the cost of production that the total consumption and depreciation of the community bears to the total production.C.H. Douglas, Economic Democracy
  • [A] national dividend is justified economically, by the increased power of production, and morally by the fact that this increased production is not due to any section of the community – neither the labourer, scientist or capitalist, but to all.C.H. Douglas, The Monopolistic Idea
  • Consumer control of production is the only basis of freedom; and no method of obtaining consumer control has ever been tried with success which did not ban state control of money and credit and include decentralised individual credit power.C.H. Douglas, The Development of World Dominion
  • "Credit is the substance of things hoped for, the evidence of things not seen,”
    and no stable society can endure on false evidence.C.H. Douglas, The New and the Old Economics
  • That you must have policy democratic and execution hierarchical
    is one of our fundamental conceptions in Social Credit.C.H. Douglas, The Policy of a Philosophy
  • The general principles which govern association for the common good are as capable of exact statement as the principles of bridge building, and departure from them is just as disastrous.C.H. Douglas, The Tragedy of Human Effort
  • It is very much better that philosophies should follow facts than that facts should be constrained in accordance with philosophies.C.H. Douglas, Warning Democracy
  • [T]he whole promise of a brighter, probably a very bright, future for the world lies in doing
    the best possible things in the best possible way.C.H. Douglas, Economic Democracy
  • [I]t is accurate to say that ultimately the core of the problem can be put into four words –
    “the monopoly of credit,” and that the solution of the problem is also contained in four words –
    “the distribution of credit."C.H. Douglas, Major C.H. Douglas Speaks
  • Liberty is really a simple thing, although difficult to come by.
    It consists in freedom to choose or refuse one thing at a time.C.H. Douglas, Social Credit
  • Political democracy without economic democracy is dynamite.
    The need is to abolish poverty, not represent it.C.H. Douglas, The Monopoly of Credit
  • It is a legitimate corollary of the highest conception of the human individual that to the greatest extent possible, the will of individuals shall prevail over their own affairs.C.H. Douglas, The Brief for the Prosecution
  • [N]othing but the rehabilitation of democracy in a genuine sense, and with an understanding of its limits will enable Social Credit to become an actual fact.C.H. Douglas, The Nature of Democracy
  • The proper function of Parliament ... is to force all activities of a public nature to be carried on so that the individuals who comprise the public may derive the maximum benefit from them.C.H. Douglas, The Tragedy of Human Effort
  • The essential nature of a satisfactory modern co-operative State may be broadly expressed as consisting of a functionally aristocratic hierarchy of producers accredited by,
    and serving, a democracy of consumers.C.H. Douglas, Credit-Power and Democracy
  • The widespread distribution of vested interests would be
    the greatest guarantee of social stability conceivable.C.H. Douglas, The Tragedy of Human Effort
  • [T]he business of bureaucracy is to get us what we want, not to annoy and hinder us by taking from us by taxation and irritating restrictions those facilities which we otherwise should have.C.H. Douglas, The Brief for the Prosecution
  • [T]here will, I believe, be nothing but strife and distress in the world
    until an imposed policy is replaced by an agreed policy.C.H. Douglas, Social Credit
  • You will be perhaps puzzled to find that the conflict in the economic world is not so much between cartels, monopolies and nationalized industry and property, as between all three and small businesses and privately-owned property.C.H. Douglas, The Brief for the Prosecution