Removing the financlal obstacle

Written by Alain Pilote on Tuesday, 01 August 2017. Posted in Editorial

Each year, August brings us two of Our Lady’s greatest feasts: Mary’s Assumption and Crowning. The latter known also as Mary Queen of the Universe. These are also the fourth and fifth glorious mysteries of the Rosary that lead us to meditate upon Jesus’ and Mary’s lives. Mary’s mission was unique: To be the Mother of the Son of God, and this is why God has “filled Her with grace” (Luke 1, 28).

On the occasion of the 150th Anniversary of Canada, the Canadian Bishops have consecrated the country to the Immaculate Heart of Mary A devotion to Mary, when well understood, can only lead us closer to Jesus, since all of Mary’s mission can be summarized in the words She spoke at the wedding in Cana: “Do all He will tell you” (John 2, 5).

If the Assumption and Crowning of Mary are mysteries, there exists another kind of mystery – not so divine – the workings of the present financial system that creates unpayable debts and drives all of the world’s countries into slavery. Louis Even, the founder of MICHAEL, offers a solution called Economic Democracy, also known as Social Credit. Mr. Even called it “a light upon my path,” and he consecrated to it the remaining years of his life, since it allowed for the implementation of Christian principles in economics. We invite you to read some of the articles he wrote on the topic in this issue of MICHAEL (To render financially possible what is physically possible and Social Credit is a conviction we firmly hold), especially the following explanation that Geoffrey Dobbs gives of Social Credit. We use Dobbs’s comments during the first lecture of our study sessions on Economic Democracy. The next study session will be held in Rougemont September 21-28. Dobbs defines social credit as “the confidence that binds any society together; this confidence being the greatest where the Christian religion is practised, and at its minimum where it is denied and derided.”

Mr. Dobbs continues: “The social credit is thus a result, or practical expression, of real Christianity in society, one of its most recognisable fruits; and it is the aim and policy of social crediters to increase it, and to strive to prevent its decrease. There are innumerable commonplace examples of it which we take for granted every day of our lives. How can we live in any sort of peace or comfort if we cannot trust our neighbours? How could we use the roads if we could not trust others to observe the rules of the road? (And what happens when they don’t!)

“What would be the use of growing anything in gardens, farms, or nurseries if other people would grab it? How could any economic activity go forward — whether producing, selling, or buying — if people cannot, in general, rely upon honesty and fair dealing? And what happens when the concept of the Christian marriage, and the Christian family and upbringing, is abandoned? We see, do we not — that Christianity is something real with desperately vital practical consequences…”

And Mr. Dobbs concludes as follows: “So now at last I have come to the question of money, which is what some people think that Social Credit is all about; but it isn’t! Social Credit is an attempt to apply Christianity in social affairs; but if money stands in the way, then we, and every Christian, must concern ourselves with the nature of money, and just why it stands in the way, as it surely does.”

Once this becomes clear to us, we can understand why French novelist Honoré de Balzac (1799-1850) wrote: “The final battle for Christianity will be over the money problem, and until it is solved, there can be no universal application of Christianity.”

To remove the financial obstacle that stands in the way of a more Christian way of life is the mission of MICHAEL and the main charisma of its founder, Louis Even. Enjoy your reading!

About the Author

Alain Pilote

Alain Pilote

Alain Pilote has been the editor of the English edition of MICHAEL for several years. Twice a year we organize a week of study of the social doctrine of the Church and its application and Mr. Pilote is the instructor during these sessions.


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