Home > Science > Social Sciences > Economics > Financial Economics > Currency and Money > Alternative Monetary Systems > Social Credit
A controversial monetary system advocated by C.H. Douglas that had many proponents in the early to mid part of the 20th century. Argued that economic crises were caused by a lack of distribution in the ownership of private property which in turn was caused by a lack of purchasing power. Social Credit aimed to redress this by having the government issue each citizen "dividends" with which they can purchase goods and property. The social credit movement reached had its greatest support in western Canada during the 1930s when it formed government in Alberta. The movement also had a number of proponents in Britain and New Zealand.
http://en.wikipedia.org/wiki/Canadian_social_credit_movement
Encyclopedia article on the movement in western Canada in the 1930s and afterwards.
http://www.mondopolitico.com/library/socialcredit/socialcredit.htm
Full text of Major Clifford Hugh Douglas' 1924 text on money, banking, and the standard of living.
http://en.wikipedia.org/wiki/Social_Credit
Encyclopedia article.
http://www.douglassocialcredit.com/
Educational body promoting coordination, consultation and research into social credit. Online journal, articles and other social credit resources.
http://www.socialcredit.com/
Proposes the implementation of social credit economics in Alberta.
http://www.alor.org/TriumphofthePast.htm#1a
Series of articles and pamphlets by Michael Lane on social credit. Articles are available online, pamphlets and books available for order.
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