Social Credit

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Social Credit is described by its originator, C. H. Douglas , as "the policy of a philosophy". Douglas called his philosophy "practical Christianity". This philosophy is interdisciplinary in nature, encompassing the fields of economics, political science, history, accounting, and physics. The term "Social Credit" originated from the writings of Douglas, a British engineer and originator of the Social Credit movement, (1879-1952), who wrote a book by that name in 1924. According to Douglas, the true purpose of production is consumption, and production must serve the genuine, freely expressed interests of consumers. Each citizen is to have a beneficial, not direct, inheritance in the communal capital conferred by complete and dynamic access to the fruits of industry assured by the National Dividend and Compensated Price.