What is Social Credit

Social credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt-free money directly to consumers or producers in order to combat such discrepancy.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Social credit

Chapter 2: Factors of production

Chapter 3: Stock exchange

Chapter 4: William Aberhart

Chapter 5: Richard Gavin Reid

Chapter 6: Pigouvian tax

Chapter 7: C. H. Douglas

Chapter 8: Alberta Social Credit Party

Chapter 9: Great Depression in Canada

Chapter 10: Consumption (economics)

Chapter 11: Labour power

Chapter 12: Prosperity certificate

Chapter 13: ATB Financial

Chapter 14: Social Credit Party of Great Britain and Northern Ireland

Chapter 15: Cooperative federalism (economics)

Chapter 16: Commodity (Marxism)

Chapter 17: 1937 Social Credit backbenchers' revolt

Chapter 18: Bankers' Toadies incident

Chapter 19: Social Credit Board

Chapter 20: Economic democracy

Chapter 21: Subsidy

(II) Answering the public top questions about social credit.

(III) Real world examples for the usage of social credit in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Social Credit.