These words of the Holy Father are right in line with "Michael", and of course, also in line with the Jubilee Year 2000, during which a spirit of justice must prevail. Pope John Paul II says that "the time has come for a new and deeper reflection on the nature of the economy and its purposes." Louis Even never missed an opportunity, in his writings, and especially in his masterpiece "In This Age of Plenty", to remind people that the primary purpose of the economy is to satisfy human needs (to produce what people need, and make sure that products reach those who need them), and not to create jobs or make money, which are only means. A "model of development" based on the creation of artificial needs, simply to create more jobs, brings about the waste of resources and the destruction of the environment.
The Pope is right to talk about "the pervasive influence of monetary and financial interests" on the economy, since the bankers' monopoly of the creation of money gave them a truly dictatorial power over economic life, according to the famous words of Pope Pius XI in his Encyclical Letter Quadragesimo Anno: "This power becomes particularly irresistible when exercised by those who, because they hold and control money, are able also to govern credit and determine its allotment, for that reason supplying, so to speak, the lifeblood to the entire economic body, and grasping, as it were, in their hands the very soul of production, so that no one dare breathe against their will."
John Paul II also says that the economy must serve "every person and the whole person". To our knowledge, there is no better method than the dividend to all, as advocated by the Social Credit philosophy, to guarantee every human being a minimum of earthly goods which, still according to the words of Pius XI in Quadragesimo Anno, "must be abundant enough to supply all needs and an honest livelihood, and to uplift men to thąt higher level of prosperity and culture which, provided it be used wisely, is not only no hindrance but is of singular help to virtue."
The Sovereign Pontiff talks about - « finding definitive solutions to the longstanding problem of the international debt ». The readers of "Michael" know that the only way to prevent the creation of debts is to have the sovereign government of each nation resume its power to create its own debt-free currency, and stop borrowing money at interest from private banks. For even though present debts are cancelled, if governments continue to borrow money at interest from private institutions, other debts will inevitably build up. The only "definitive" solution that will solve this debt problem once for all is the one proposed by the "Michael" Journal.
Dear friends of "Michael", your program of action is all set for this current year 2000: let us diffuse the Michael" Journal, so that the social doctrine of the Church may be applied, to obtain justice for all and economic security for every individual, which will bring about true peace in families and nations.
In this special issue of the journal, MICHAEL, the reader will discover who are the true rulers of the world. We discuss that the current monetary system is a mechanism to control populations. The reader will come to understand that "crises" are created and that when governments attempt to get out of the grip of financial tyranny wars are waged.
An Efficient Financial System
An Efficient Financial System, written by Louis Even, is for the reader who has some understanding of the Douglas Social Credit monetary reform principles. Technical aspects and applications are discussed in short chapters dedicated to the three propositions, how equilibrium between prices and purchasing power can be achieved, the financing of private and public production, how a Social Dividend would be financed, and, finally, what would become of taxes under a Douglas Social Credit economy. Study this publication to better grasp the practical application of Douglas' work.
Reflections of African bishops and priests
Reflections of African bishops and priests after our weeks of study in Rougemont, Canada, on Economic Democracy, 2008-2018
A Social Dividend: An Income Guaranteed to Each Citizen
The Social Dividend is one of three principles that comprise the Social Credit monetary reform which is the topic of this booklet. The Social Dividend is an income granted to each citizen from cradle to grave, with- out condition, regardless of employment status.
Books on Social Credit
Economic Democracy is a book to explain Social Credit in lessons presented in logical order so it may be easier to the reader to grab the main principles of Social Credit rapidly and somehow easily.
In This Age of Plenty
In This Age of Plenty deals with Social Credit, but it does not exhaust the topic. Social Credit principles address social and political matters, as well as, or even more so, than economics and will put civilization on a new course.
From Debt to Prosperity
From Debt to Prosperity outlines briefly the economic analysis and constructive proposals known as Social Credit.