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In This Age of Plenty (book)

In This Age of PlentyThis 410-page book presents a new conception of finance, of the money system, that would definitely free society from purely financial problems. Its author, Louis Even, sets out the outlines of the Social Credit financial proposals, conceived by the Scottish engineer Clifford Hugh Douglas.

Preface (to the first edition in French)

This book talks about Social Credit, but it is far from being a general survey of Social Credit. Social Credit is actually a whole orientation of civilization, and deals with its social and political, as well as its economic, aspects. We even believe, with Douglas — to whom the world owes this enlightening doctrine — that putting right the economic order along Social Credit lines, is impossible without first putting right the political order.

In this volume, however — except for a few thoughts incidental to the repercussions of a flawed and dominating financial system on politics — we have confined our study to economic objectives and Social Credit financial proposals.

Louis EvenLouis Even

The title of this book — In This Age of Plenty — clearly shows that we are now dealing with an economy of plenty, in which the access to the huge possibilities of modern production is made easier for all.

“Old economics” was ruled by the presence of gold or any other rare commodity, when production itself was scarce. But it is to go against progress and logic, to want to keep an instrument linked to scarcity, to confer claims on automated production.

In the first part of this volume, we recall essential and very simple notions that everybody readily admits, but which are almost totally ignored in the present economic organism. The ends no longer direct the means. A short study of the present monetary system shows that money governs where it ought to serve. We present the Social Credit proposals as a remedy, explaining the outlines, without going into the methods of application. The problem, we believe, is not so much to develop a technique of operation, as to reach an agreement on ideas, which seem both too simple and too bold to the minds who are accustomed to losing sight of the ends, and to getting bogged down in the complexity of the means. So, several chapters are especially intended to justify the Social Credit doctrine.

The second part reproduces, without necessarily being linked with each other, certain speeches and articles which throw light on the various aspects of Social Credit.

In offering this book to the public, we have especially in mind the ordinary reader, who has no special knowledge of economics. Even in dealing with specific topics, we avoid technical terms as much as possible, since they are more likely to tire readers than to enlighten them. We strived to write in such a way as to be easily understood by the great majority of people — which, besides, is in the spirit of an economy of plenty to serve and everyone.

Montreal, May 1st, 1946.

LOUIS EVEN

Preface to the present edition (1996)

Fifty years after the publication of the first edition in French, Louis Even’s book, In This Age of Plenty, is now available in English. Louis Even began to make Social Credit known in French Canada in 1935, but now, in 1996, there are as many subscribers to his Movement’s English-language periodical, Michael, as to its French-language periodical, Vers Demain, in several countries in the world. (For more detail on the development of Louis Even’s Social Credit Movement, see the biographical notes.)

The present volume is the English translation of the fourth (revised and enlarged) edition in French, published in 1988. Ten chapters and six appendices have been added to this 1988 edition, to form the present volume. (These additions are mostly taken from issues of “Michael” published after 1988.)

In This Age of Plenty published in Polish

Bishop Kraszewski

Bishop KraszewskiBishop Kraszewski

Pod znakiem obfitosciLouis Even’s book, “In This Age of Plenty”, was published in Polish in 1993 by Bishop Zigniew Jozef Kraszewski, then Vicar General of the Diocese of Warsaw-Prague, Poland. (Note: Bishop Kraszewski died on April 4, 2004.) Here is the translation from the preface to Louis Even’s book, written by Bishop Kraszewski:

“What Catholics learned in the social doctrine of the Church is the way between socialism and capitalism. For many years, this doctrine has been diffused in Canada, and known as the Social Credit theory. Louis Even’s book, In This Age of Plenty, that I introduce to the Polish readers, is an exposition of the Catholic social doctrine that is good not only for the Canadians; this book contains a lot of instructive topics for any person who reads it and who is open to social problems. This book has not been written only for great theoreticians and scholars, but for everybody. That is why this book is precious to the Poles, especially at the time of the second miracle of the Vistula River that we are presently experiencing. (The miracle of the downfall of Communism.)

“Poland miraculously succeeded in gaining its freedom and sovereignty. After the devastation of Communism that had been keeping us captive for so many years, we have the duty to choose the right path of social justice, based on Catholic doctrine. I think this book will largely help in achieving that. I entrust all the readers to the protection of Our Lady Victorious, who reigns in the co-cathedral of Kamionku, in Warsaw.”

Contents

“Social Credit is the application of the Social Doctrine of the Church”

on Wednesday, 01 August 2001. in In This Age of Plenty (book)

Foreword of Bishop Frankowski for Louis Even's book

Social Credit: Not Socialism, Not a political party

by Alain Pilote on Friday, 01 March 1996. in In This Age of Plenty (book)

In this age of plenty - Introduction

A Few Principles

on Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 1

Economics

by Louis Even on Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 2

The Consumers

by Louis Even on Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 3

Goods

by Louis Even on Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 4

Specialization - The Machine

by Louis Even on Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 5

Poverty amidst Plenty

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 6

The Symbol and the Thing

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 7

The Birth and Death of Money

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 8

The Monetary Defect

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 9

Putting the Monetary System Right

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 10

The Rights of Each One to the Bare Necessities of Life

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 11

What Is a Dividend?

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 12

Heritage and Heirs

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 13

The National Dividend

by Louis Even on Sunday, 16 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 14

Money and Prices

by Louis Even on Monday, 17 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 15

Price Adjustment

by Louis Even on Monday, 17 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 16

The National Credit

by Louis Even on Monday, 17 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 17

The Monetary Mechanism of Social Credit

by Louis Even on Monday, 17 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 18

Society Exists For All Its Members

by Louis Even on Friday, 19 January 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 19

Minimum Security, Maximum Freedom

by Louis Even on Friday, 19 January 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 20

Politics at the Service of the People

by Louis Even on Friday, 19 January 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 21

A superpower Dominates Governments

by Louis Even on Thursday, 01 January 1970. in In This Age of Plenty (book)

In this age of plenty - Chapter 22

The Monetary Power Resides in the Banks

by Louis Even on Thursday, 01 January 1970. in In This Age of Plenty (book)

In this age of plenty - Chapter 23

Liberal Leader Mackenzie King Said in 1935

by Louis Even on Saturday, 01 March 1958. in In This Age of Plenty (book)

In this age of plenty - Chapter 24

Money, or Credit, Is a Social Instrument

by Louis Even on Thursday, 15 June 1961. in In This Age of Plenty (book)

In this age of plenty - Chapter 25

The Goldsmith Who Became a Banker — A True Story

by Louis Even on Thursday, 01 October 1936. in In This Age of Plenty (book)

In this age of plenty - Chapter 26

A Lesson From a Bank Account

by Louis Even on Sunday, 01 April 1956. in In This Age of Plenty (book)

In this age of plenty - Chapter 27

What Would Social Credit Do For You?

by Edmond Major on Saturday, 01 January 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 28

Applied Science, a Common Good

by J. Ernest Grégoire on Wednesday, 01 December 1943. in In This Age of Plenty (book)

In this age of plenty - Chapter 29

A Corrupted Monetary System

by Gilberte Côté-Mercier on Tuesday, 01 February 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 30

Social Credit puts money in its proper place

by Louis Even on Sunday, 15 August 1954. in In This Age of Plenty (book)

In this age of plenty - Chapter 31

Should Money Claim Interest?

by Louis Even on Thursday, 15 March 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 32

Interest on Newly-Created Money Is Robbery

by Alain Pilote on Tuesday, 01 January 1991. in In This Age of Plenty (book)

In this age of plenty - Chapter 33

The Public-Debt Problem

by Alain Pilote on Tuesday, 01 July 1986. in In This Age of Plenty (book)

In this age of plenty - Chapter 34

The Labour Question, A Money Problem

by Louis Even on Monday, 01 November 1943. in In This Age of Plenty (book)

In this age of plenty - Chapter 35

There Is No Unemployment Problem — There Is a Dividend Problem

by Gilberte Côté-Mercier on Wednesday, 01 February 1961. in In This Age of Plenty (book)

In this age of plenty - Chapter 36

Full Income Instead of Full Employment

by Louis Even on Thursday, 01 September 1960. in In This Age of Plenty (book)

In this age of plenty - Chapter 37

Equality Between Money-Figures and Price-Figures

by Louis Even on Tuesday, 01 February 1966. in In This Age of Plenty (book)

In this age of plenty - Chapter 38

The Environment - Where Money Is Concerned

by Alain Pilote on Friday, 01 July 1994. in In This Age of Plenty (book)

In this age of plenty - Chapter 39

The Government Must Create Its Own Money

by Alain Pilote on Tuesday, 01 November 1994. in In This Age of Plenty (book)

In this age of plenty - Chapter 40

To Caesar What Is Caesar To God What Is God's

by Louis Even on Thursday, 15 December 1960. in In This Age of Plenty (book)

In this age of plenty - Chapter 41

For a Better Understanding of Social Credit

by Alain Pilote on Sunday, 01 January 1995. in In This Age of Plenty (book)

In this age of plenty - Chapter 42

Social Credit and Foreign Trade

by Louis Even on Wednesday, 15 March 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 43

At the Retailer's

by Louis Even on Tuesday, 15 February 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 44

The Stocker's Lesson

by Louis Even on Wednesday, 15 November 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 45

The Monetization of Progress

by Louis Even on Sunday, 15 April 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 46

30 Million Capitalists in a Canada of 30 Million Citizens

by Louis Even on Thursday, 01 August 1968. in In This Age of Plenty (book)

In this age of plenty - Chapter 47

Men of the Right, Empty-Handed

by Louis Even on Monday, 01 March 1971. in In This Age of Plenty (book)

In this age of plenty - Chapter 48

The History of Banking Control in the United States

by Alain Pilote on Sunday, 01 September 1985. in In This Age of Plenty (book)

In this age of plenty - Chapter 49

Social Credit in the United States in 1932

by Alain Pilote on Sunday, 01 September 1996. in In This Age of Plenty (book)

In this age of plenty - Chapter 50

Social Credit and the teachings of the Popes

by Alain Pilote on Monday, 01 May 1995. in In This Age of Plenty (book)

In this age of plenty - Chapter 52

Social Credit and the Catholic Doctrine

on Wednesday, 15 November 1939. in In This Age of Plenty (book)

In this age of plenty - Appendix A

The Bank of Canada Must Finance our Country, Debt-Free Say Three Economists

on Wednesday, 01 March 1995. in In This Age of Plenty (book)

In this age of plenty - Appendix B

Money — Questions and Answers

by Father Charles E. Coughlin on Thursday, 08 August 2013. in In This Age of Plenty (book)

In this age of plenty - Appendix C

Words of Thomas Edison

on Thursday, 08 August 2013. in Quotes, In This Age of Plenty (book)

In this age of plenty - Appendix D

Money Is Created by Banks - Evidence Given by Graham Towers

on Thursday, 08 August 2013. in In This Age of Plenty (book)

In this age of plenty - Appendix E