Social Credit

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Social credit is a variant of distributism, developed by the British economist Clifford Douglas (1879–1952), essentially arguing for giving money to consumers, or subsidies to producers, in order to improve an argued chronic deficiency of purchasing power in the economy.

The ideas were popular in the 1920s and 1930s.

In Alberta, Canada, the "Social Credit Party" was founded in 1935, dominating the province’s politics until 1971, but did not implement the more radical ideas.

Social Credit advocates

See also

External links

Encyclopedias