SCE: A Comprehensive Guide to Social Credit and the Economy


A Book Review of Social Credit Economics   'Dedicated to Thinking Persons Everywhere'.      From the outset, Social Credit Economics (SCE) demonstrates that it is a well-thought-out, thought-provoking tome for thoughtfu...

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Social Credit USA 2017 - A Monetary System for all Americans


Isn’t it about time that we had a financial system that worked for all Americans? The Social Credit proposals of the engineer, Clifford Hugh Douglas, explain the kind of monetary reform that needs to be implemented in order to fix our curren...

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The Liberation of Leisure


     In our modern, fast-paced society that holds servile work and the fanatical pursuit of money to be the primary aim of our very existence, every adult man and woman must have a paid ‘job’ in order to survive and feel...

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The Social Credit Bottom Line


     The modern, industrial system possesses an enormous productive capacity, both actual and potential, to meet our legitimate needs for goods and services. With every technological advancement we can produce more and/or better wit...

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What's Wrong with the Financial System? A Social Credit Perspective


     At the very heart of the modern economy we find this thing called ‘finance’. Finance is to the economy what an operating system is to a computer. For it is the financial system which allows an economy’s &lsquo...

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Social Credit and the Family


     The idea of a family is that of a social unit of human beings which has traditionally been composed of: two adults, one male and one female, and then children or offspring that are biologically begotten by the adult male and fe...

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The Diffidence of Distributists


     From something a Distributist once said to me about the primacy of the moral in economics, I wonder if the following might explain Distributism’s reticence where Social Credit was concerned.      Distribut...

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Dividends Instead of Debts


     Just last week, Equifax Canada, a credit reporting agency, revealed that the average outstanding consumer debt per adult person in Canada (excluding mortgages) had increased 3.6% over the course of a one-year period to 22,081 C...

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Migration Madness


As a follow-up to my recent blog entry "Social Credit and Mass Migration", I thought it would be instructive to examine the various issues that are at play in a more concrete fashion. The following article is taken from the November issue of ...

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The Puzzle


     The world in which we live can seem like a strange and incoherent puzzle.      For those that take more than a passing interest in world affairs we have before us an array of pieces. We see the problems of pover...

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A Social Credit Proclamation


     The financial system, that is, the banking, cost accounting, and tax systems, can either serve the common good, or else it will serve an oligarchic elite at the expense of the common good.      The present syste...

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Doit-il être Dieu ou Mammon?


    HOMÉLIE 25ième DIMANCHE      «Vous ne pouvez servir Dieu et Mammon». Si vous prétendez glorifier Dieu le dimanche, à l'église, et le reste de la semaine vous l'oubli...

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Crisis, Poverty, and the Undiscovered Country


     The purpose of this essay is to give an explanation of the economic crisis which afflicts Australia and much of the world. By economic crisis I am referring to the growing gap between the rich and the poor, the ever rising cost...

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Social Credit and Mass Migration


     We live now in an age of mass migrations and of rumours of mass migrations. With the term ‘mass migration’ we are referring, of course, to the movement, not merely of large numbers of people, but of whole groups of ...

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Shall it be God or Mammon?


  Homily given by Deacon Jean-Nil Chabot on Sunday, September 18th, 2016 (25th Sunday in Ordinary Time) at Saint Hedwig's Parish, Barry's Bay, Ontario ''You cannot serve both God and Mammon'' Mathew 6:24.       If ...

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Social Credit in a Sentence


     What is Social Credit?     I have often been asked to explain it in a nutshell. So, as far as the purely economic aspects of Social Credit are concerned, here it goes:      Social Credit is a prop...

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Our Broken Money Instrument


     Clearly the satisfaction of citizens’ material needs is not the objective of the present economic order. Australians will be painfully aware that the purpose of economics is ‘jobs and growth’ or, in other word...

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What Social Credit Can Do for Distributists


      As I explained in my first article for The Distributist Review: Social Credit: An Introduction for Distributists, the economic proposals of Social Credit aim at the establishment of a widespread distribution of priva...

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Social Credit: An Introduction for Distributists


                                  This article was originally posted on-line by The Distributist Review on April 11, 2016: http://distributistrev...

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The Social Credit Path to Sustainable Consumption


The following paper will be presented at the SCORAI conference at the University of Maine in June: http://scorai.org/scorai-2016/            In the period between the two world wars, a British engineer by the n...

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The Folly of Full Employment


.     One of the axioms of the existing economic order is the policy of ‘Full Employment’ (FE). Everyone must work for his daily bread or be dependent on those who do (via either redistributive taxation or increased publ...

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Social Credit: An Economic Model for Personalists


     One of the more worthwhile currents in contemporary philosophy is the school of thought known as ‘personalism’. Whereas other philosophers might ponder on the nature of knowledge, of morality, or of ultima...

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4th Industrial Revolution May Leave Many Workers Behind


            Reprinted with permission from the Progressive Populist: http://www.populist.com/22.4.anderson.html      When Vice President Joe Biden made his 10th appearance at the annual ...

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Charities? Bah, humbug!


     At the end of Mass last Sunday, we were treated to an urgent appeal on behalf of the community food drive. I find these appeals incredibly annoying.      I dislike charities, all charities ... and it is not beca...

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The Sun Never Says ...


  "Even after all this time, the sun never says to the earth, ‘You owe me’. Look what happens with a love like that... It lights the whole sky."        The foregoing poem is widely, and quite probably falsel...

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An Introduction to Social Credit


The following article will be published in the first edition of the Portuguese Journal "Libertária"       In the broadest sense of the term, 'Social Credit' refers to the philosophical, economic, political, and his...

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An Outline of Social Credit


     The following article (including the foreword) was written by the late Victor J. Bridger, a long-standing Social Crediter from Australia. Mr. Bridger, who had attempted in various ways to popularize Social C...

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The Distribution of Credit


“[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.&rdq...

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Oui, Les Banques Créent L’Argent à Partir de Rien


     L'année dernière, la Banque d'Angleterre a ouvertement admis que les banques privées sont responsables de la création, à partir de rien, de la plus grande partie de la masse monétaire. ...

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What is the 'Monopoly of Credit'?


     In perusing Social Credit literature, a phrase that one encounters quite frequently is the “Monopoly of Credit”. Indeed, The Monopoly of Credit was the title of C.H. Douglas’ last major technical work dedicate...

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Organic Society


    Reposted with permission from http://socialcredit.com.au/         Can we rediscover ourselves? Could we then discover each other? Whether these questions are as crazy as they may seem at first sig...

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The Economic 'Grace' of Social Credit


"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 t...

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


    Reposted with permission from: http://socialcredit.com.au/       “Subsidiarity” is the name given to the principle that a central authority should have a subsidiary function, performing only...

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Laudato Si and Missed Opportunities


    The latest encyclical, Laudato Si, is generating a great deal of heat both inside and outside of the Catholic Church – and more heat than light I am afraid. Instead of discussing the various and, in some cases, quite serio...

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The Dog Exists


    Imagine this situation. Your neighbour’s dog keeps you awake at night with its relentless barking. You go to your neighbour, tell him the problem and ask him what he is going to do about it. His response is to tell you the...

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The Flaw in The Circular Flow


     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. Indus...

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The Knowableness of Finance


     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 confusi...

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A Brief Response to Dick Eastman


After reading Dick Eastman's recent post on Abeldanger: http://www.abeldanger.net/2015/03/populist-social-credit-or-north.html, I am left asking myself: where does one begin? For the sake of the record, let me make it clear that: 1. I do no...

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Politics as Sales


  The opening lines of Douglas’ The Monopoly of Credit, first published in 1931, say:     "It cannot have escaped the observations of anyone interested in the welfare and orderly progress of society that, more especi...

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A Synopsis of Social Credit


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

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Social Credit: Then and Now


    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 a...

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The Social Credit Angle


     Systems that aim to organise people can be placed into one of two groups; systems that limit peoples' freedoms and those that increase them. The latter philosophy is the foundation of the Social Credit movement conceived b...

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A National Dividend vs. a Basic Income - Similarities and Differences


     At the height of the Great Depression, the founder of the Social Credit movement, Major Clifford Hugh Douglas (1879-1952), described the proposal for a National Dividend in the following terms:      We...

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An Appeal to the Greek People


     Over the course of the last few years, the Greek people have had first-hand experience of the fact that the modern financial and economic systems do not work. They may not know, however, why they do not work and what can b...

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Health and the Canon


      (Photo at left: The Mighty Sunflower Sprout)       A key component of the philosophy, or the 'conception of reality', which underlies Social Credit is the idea that the univer...

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A Synopsis of Social Credit


 This is a slightly longer version of the article which appeared on Henry Makow's site: http://henrymakow.com/2015/01/social-credit-a-simple-explanation.html.        Social Credit refers to the philosophical, econom...

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Usury, Social Credit, and Catholicism


     As I tried to show in my recent blog entry on “Social Credit and Usury”: http://www.socred.org/index.php/blogs/view/social-credit-and-usury, the claim that usury, defined as the charging of interest on loa...

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Social Credit: A Simple (If Somewhat Lengthy) Explanation


  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...

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It's Time for an Economic Copernican Turn


     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 p...

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Social Credit Explained in 7 Points


     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&nb...

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Re: An Open Letter to the Australian People


 "What we saw in the main hall of the Winton Shire Council on Friday simply defied all description: a room filled with hundreds of broken and battered refugees from our own country."    - Dr. David Pascoe     &nb...

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Is Income Inequality the Central Economic Problem?


     In a blog entry that is well worth reading entitled "What Choice Do We Have?", Charles Hugh Smith discusses the extreme and ever-increasing income inequality that characterizes economic life in the modern wo...

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The Pro-Life Movement Needs Social Credit


     While I am staunchly pro-life and hold that direct abortion should be prohibited by force of law (as it was under British common law and throughout the Western world until the sixties and seventies), it is important to rec...

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Scotiabank's Profits and Lay-Offs


     One of Canada's big 5, Scotiabank, recently announced that it will be cutting 1,500 jobs. This, in spite of the fact that the bank has, so far this year, earned as much as 5.57 billion dollars in profit ... ...

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Le Dividende Universel pour la Suisse


     Les machines, robots, ordinateurs rendent le "travail humain rémunéré" (dans chaque industrie) de plus en plus rare, c'est un fait. Promettre des emplois classiques est un gigantesque mensonge, un...

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Social Credit Perspectives: What is Wrong with the Economy?


     The following was submitted by Liam Allone of http://www.economiccures.com/      I can demonstrate the fundamental gap or “shortage of money” that is built into the money system the entire ...

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Three Guiding Social Credit Principles


     As a philosopher, I have a great appreciation for the importance of foundational principles.      When trying to grasp the Social Credit approach to economic matters, it is important to keep the follow...

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Portugal precisa do Crédito Social (und Deutschland auch)


      Portugal has a long history of expressing social and political commentary and activism in musical forms. Indeed, the near bloodless coup which toppled the dictatorship in the 1974 Carnation Revolution was h...

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Social Credit and Usury


     One of the most common misunderstandings where Social Credit is concerned is the notion that the Social Credit diagnosis can be adequately summarized along the following lines: "The problem with the existing financial syst...

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A Summary of the Social Credit Monetary Reform


      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 con...

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The (Big!) Difference Between a 'Basic Income' and the National Dividend


      It seems that more and more people in various countries are starting to take proposals for the introduction of a basic income quite seriously.      According to the bien network: "A basic income ...

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The Importance of Folk Culture


     In our contemporary world, dominated as it is by a dysfunctional (read unbalanced) financial system that is leveraged by a credit monopoly, indigenous folk cultures are being threatened and gradually eroded. Their replacem...

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Re: The Shrinking Need for a Workforce


The following comment was submitted by Wally Klinck in reference to a recent blog entry: http://mikestreetstation.wordpress.com/2014/09/01/the-shrinking-need-for-a-workforce-this-time-its-different/.      Your article of Septe...

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Real 'Helicopter Money'


     A friend recently brought my attention to a very interesting article posted by "Tyler Durden" on Zerohedge.com: http://www.zerohedge.com/news/2014-08-26/it-begins-council-foreign-relations-proposes-central-banks-should-han...

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Why Social Credit is not Socialism


     One of the chief misapprehensions under which newcomers to the subject often labour is that 'Social Credit' must be some form of socialism because, after all, the phrase encompasses ...

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A Conversation with a Loans Officer


Some time ago, I had the following conversation with a loans officer from a major Canadian bank:   Wally: When you issue these loans to borrowers you create the money out of nothing, don't you? Banker: (with slight hesitation) Yes, th...

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The Meaning of Leisure


     A few days ago, a friend of mine brought my attention to an article that had been published just recently in Crisis Magazine. The article was entitled “Why Leisure is the Remedy for Sloth”: http://www.cri...

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A+B: A Mathematical Reply to an Objection


    In his book Credit-Power and Democracy, C.H. Douglas introduced the A+B theorem as follows: "A factory or other productive organization has, besides its economic function as a producer of goods, a financial aspect – it ma...

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The Core of the Core of Douglas’ A+B Theorem (and hence of Social Credit’s Economic Diagnosis)


      One of the key aspects, if not the key aspect, of the Social Credit analysis of financial and hence economic dysfunction has to do with the chronic and underlying deficiency in consumer purchasing power relative to t...

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What is Social Credit All About?


      As this is the inaugural blog entry for 'The Clifford Hugh Douglas Institute for the Study and Promotion of Social Credit’, it seemed fitting to deal upfront with the central question which invariably preoccupi...

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