Yes! Technology and automation render human labour obsolete in production. The present shortage of manpower in some regions is temporary and is related to demography. Progress in robotics and artificial intelligence have led us to a new industrial era. According to the consulting firm, McKinsey & Company, 800 million workers risk losing their jobs to robots by 2030.
Finding new jobs to replace those made redundant by robots will require that new needs and new types of consumption habits be created. This will be at the expense of the planet’s resources.
The Social Dividend described in this booklet would solve both the employment and environmental problems facing modern economies.
Readers are invited to study this booklet on the Social Dividend and further their understanding of the economic philosophy of Social Credit.
Does the production system exist to create jobs? Must we create new needs for the sole purpose of replacing jobs lost to automation? Are we stuck on a treadmill of consumption for the sake of job creation? Is it inevitable that the planet’s resources be depleted?
Production economics works well. Why does the economics of distribution lag? Why is the financial system so outdated and contrary?
We have entered the Fourth Industrial Revolution1. Do we not recognize that progress and automation could liberate us to a life of leisure and freely chosen activities? Instead we are stressed because of economic insecurity.
What is missing in our societies? Why must we always run? Work, work, work! Why are people so stressed?
These questions will be answered in this booklet.
Social Dividends would protect the environment while allowing individuals to reach their full potential.
(See page 4, Reinstatement of Personal Rights, and page 35, Freedom and Dignity.)
(See page 35, The Social Dividend and Commonly-Owned Capital, and p. 37, Inheritance and Heirs.)
(See p. 39, The Chronic Shortage of Purchasing Power, and p.41, Progress and Unemployment.)
(See p. 43, Beneficial Effects of the Social Dividend, and p. 45, Objections to the Social Dividend.)
(See page 46, From Where Will the Money Come?)
Louis Even explained the Social Dividend in many articles on the topic which were published in Vers Demain between 1939 and 1974. This booklet is a summary of these articles.
We have developed a Question and Answer format. The questions are ours and the answers are from Louis Even’s material. Enjoy your reading!
Lise Rodrigue-Fournier
1) The Fourth Industrial Revolution (4IR) is the fourth major industrial era since the initial Industrial Revolution of the 18th Century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres, collectively called the cyber-physical systems. It is marked by emerging technology breakthroughs in a number of fields (www.wikipedia.com).
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, 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 after our weeks of study in Rougemont, Canada, on Economic Democracy, 2008-2018
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.
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 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 outlines briefly the economic analysis and constructive proposals known as Social Credit.
Rougemont Quebec Monthly Meetings
Every 4th Sunday of every month, a monthly meeting is held in Rougemont.
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