2-6-09
I read of an economic theory recently that absolutely could solve ALL the scariest issues facing us as US citizens today. I believe it. And now I've found some resources to help me tell you about it. It is called Social Credit and was first theorized by a Scottish economist, C.H. Douglas. The explanation given on the linked site is clear & concise. I could not relate it better, so I leave it for you to read.
Consider this excerpt from the autobiography of the current Chair & Editor, Dr. Frances Hutchinson:
"In the early years of the 21st century, people continue to air their views and/or campaign on a whole range of single issues: anti-war, anti-nuclear weapons, animal rights, organic/local agriculture, fair trade, slow/safe food, debt, poverty, racism, feminism, conservation, ecology, alternative medicines, education, diseases and disabilities which have struck their own families – the list is endless. Some pick up on Basic Income, Credit Unions, LETs schemes, Grameen Banks and the like as ways out of specific pockets of economic disorder. However, unless and until there is a radical re-think about the operations of the institutions of banking and finance which now regulate all human co-operative activity, the over-arching problems will continue to grow at a far faster rate than individual solutions will be able to solve. Social Credit offers a starting-point – it was never more than that – for a healthy debate about ways forward into the future." [emphasis mine]
Or this one, from Dr. Hutchinson's introduction to her presentation at an International Conference held at Plater College, Oxford University, in 2002.
"Through these researches I conclude that orthodox economics has no value save to justify a system based upon exploitation and destruction of the land and its peoples."
I first heard of this theory in Robert Heinlein's book, For Us, the Living, a new publication of a long-lost 1st novel written in 1939. Now I have found the Douglas Social Credit Secretariat, an educational organization in the UK. The site linked above is rich in resources about the theory, its creator, and many of the people & publications who have discussed Social Credit.
3-1-09
I do have permission to quote, now. And I've found more bloggers talking about this subject. Just Google Social Credit or check out these links...
http://en.wikipedia.org/wiki/Social_Credit
http://social-credit.blogspot.com/2009/03/social-credit-christopher-m.html
http://www.michaeljournal.org/realsc3.htm
I suspect there will be more & more information available as time goes on. Adopting Social Credit as a system, or even bringing the subject into general discussion will take a true grass-roots movement, I believe. I can't see the banks (esp. Federal Reserve) or big corporations embracing this system. Let's get this conversation moving!
