Social Credit Proposals

on Wednesday, 01 February 1961. Posted in Social Credit

1. That a national balance sheet should be published showing the assets of the nation.

2. That any difference between the financial cost of annual production and annual consumption be credited to the people.

3. That new credits be used to the amount of this difference.

4. That this issue of credits be used in two ways: part for the reduction of prices to what Major Douglas calls the Just Price, and part for the payment of dividends to all individuals.

5. As automatic processes increase the National Dividend should become an increasing part of the purchasing power of the nation.

(James Guthrie in The New Times)


What could be more fundamental than the freedom to associate with other men, or not, as each man's conscience or reason dictate? Yet compulsory unionism is the rule today in the ranks of organized labor. Union-shop agreements deny to millions of laboring men the right to decide for themselves what union they will join, or indeed, whether they will join at all. The exercise of freedom, for many, means the loss of their jobs.

From "The Conscience of a Conservative"

by Barry GOLDWATER, Senator from Arizona


All taxation is a transfer of the credit of individuals to the State and those who stand behind and manipulate the State. Taxation is Social Credit in reverse. - Douglas (T.S.C., June 28, 1941).

Leave a comment

LOGIN_TO_LEAVE_COMMENT