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In This Age of Plenty (book)

In This Age of Plenty

Preface to the 1946 French Edition

     This book deals with Social Credit, but in no way does it sum up the matter. In fact, Social Credit is a whole new orientation given to civilization: It deals with social and political matters as well as, or more so, with matters of economics. We even believe, as Douglas did — to whom the world owes this enlightening doctrine — that rectifying economics along Social Credit principles, is impossible without first rectifying politics. 

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

The title of the book — In This Age of Plenty — clearly shows that we are dealing with an economy of plenty, of an easier access to the immense possibilities of modern production. 

“Old economics” could well have been found under the title of "The Age of Gold" or any other rare commodity, at a time when production itself often failed. But progress is ignored and logic is set aside when, to confer claims upon an automated production, we insist on keeping an instrument linked to scarcity.

Louis EvenLouis Even

In the first part of this book, we recall essential and very simple notions that are readily admitted by everyone, but which are almost totally ignored by the present economic organism. The ends no longer direct the means. A brief study of the present monetary system shows that money governs where it ought to serve. We offer the Social Credit proposals as a remedy, giving an outline without going into the methods of implementation. The problem, we believe, lies not so much in developing an operational  technique, but in getting people to agree on proposals that seem both too simple and too bold to the minds of those who are used to losing sight of the ends and to getting bogged down in the complexity of the means. Therefore, several chapters are meant to be a plea in favor of the Social Credit doctrine.

The second part is made up of reprints of speeches and articles that are likely to shed light on different aspects of Social Credit.

     In offering this book to the public, we have set our sight on the average reader. Even when dealing with precise topics, we have done our best to avoid technical terms, since they are more likely to make the readers weary than to enlighten them. We have striven to write in such a way as to be readily understood by the largest number of people. This is in line with an economy of plenty at the service of all and everyone.

Montreal, May 1st, 1946.

LOUIS EVEN

 

Preface to the 1996 edition 

Fifty years after its publication, Louis Even’s book "Sous le Signe de l'Abondance" is now available in English. Today, throughout the world, there are as many subscribers to his Movement’s English-language periodical, Michael, as there are to its French counterpart, Vers Demain. Details on the development of Louis Even’s Social Credit Movement can be found in the biographical notes.   

"In this Age of Plenty" is the English translation of the fourth revised and enlarged French edition published in 1988. Ten chapters and six appendices, mostly articles that were published in the Michael Journal since, have been added to the 1988 edition. 

 

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 of 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.”

 

Preface to the 2017 Edition 

 

    Things have not improved much in Economics since Louis Even’s book, In this Age of Plenty, was written in 1946. It could even be argued that they have gotten worst for a lot of people while credit is being concentrated in the hands of fewer individuals.  

         Production is easier to make than it ever was. Yet, distrbution is lagging behind not because the means of distribution are lacking, but because the financial means do not reflect facts.

         At a time when our most brilliant minds have come to realize that “workers are being left behind because of automation, globalization and progress” (Warren Buffett) while others are suggesting that we should “tax the work of robots” (Bill Gates) to help those who have lost their jobs to automation, it is high time that Louis Even be allowed to lead us a step further in our study of Social Credit Economics.

We have kept the first part of the book unchanged. It is a philosophical approach to Economics that clearly defines means and ends and how they must be applied to Economics.

The second part has been replaced by A Sound and Efficient Financial System. This is a 32 page document that was written in 1964 to explain how Social Credit might be applied.

A third part has been added. It contains some of the articles that were printed in part II of the previous English edition

 

“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

Basic Income vs Universal Basic Income, vs a Social Dividend to All

by Robert Carré on Thursday, 09 March 2017. in In This Age of Plenty (book)

In this age of plenty - Editor's Note

Social Credit: Neither Socialism, Nor 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 Saturday, 15 October 2016. in In This Age of Plenty (book)

In this age of plenty - Chapter 6

The Symbol and the Object

by Louis Even on Saturday, 15 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 Saturday, 15 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

Monetary Reform

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

In this age of plenty - Chapter 10

The Right to Bare Necessities

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 of Its Members

by Louis Even on Thursday, 18 January 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 19

Minimum Security, Maximum Freedom

by Louis Even on Thursday, 18 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 Thursday, 18 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

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 Is a Social Instrument

by Louis Even on Wednesday, 14 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 Saturday, 31 March 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 Friday, 31 December 1943. in In This Age of Plenty (book)

In this age of plenty - Chapter 28

Applied Science, a Common Good

by J. Ernest Grégoire on Tuesday, 30 November 1943. in In This Age of Plenty (book)

In this age of plenty - Chapter 29

A Corrupted Monetary System

by Gilberte Côté-Mercier on Monday, 31 January 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 Monday, 31 December 1990. in In This Age of Plenty (book)

In this age of plenty - Chapter 33

The Public-Debt Problem

by Alain Pilote on Monday, 30 June 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 Sunday, 31 October 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 Wednesday, 31 August 1960. in In This Age of Plenty (book)

In this age of plenty - Chapter 37

Money Figures Equal to Price Figures

by Louis Even on Monday, 31 January 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 Monday, 31 October 1994. in In This Age of Plenty (book)

In this age of plenty - Chapter 40

To Caesar What Is Caesar's

by Louis Even on Wednesday, 14 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 Tuesday, 14 March 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 43

At the Retailer's

by Louis Even on Monday, 14 February 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 44

The Stocker's Lesson

by Louis Even on Tuesday, 14 November 1944. in In This Age of Plenty (book)

In this age of plenty - Chapter 45

The Monetization of Progress

by Louis Even on Saturday, 14 April 1945. in In This Age of Plenty (book)

In this age of plenty - Chapter 46

30 Million Capitalists

by Louis Even on Wednesday, 31 July 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 Sunday, 28 February 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 Saturday, 31 August 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 Saturday, 31 August 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 Sunday, 30 April 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

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