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The Social Credit System (Chinese: 社会信用体系; pinyin: shèhuì xìnyòng tǐxì) is a national credit rating and blacklist implemented by the government of the People's Republic of China. [ 1 ] [ 2 ] The social credit system is a record system so that businesses, individuals and government institutions can be tracked and evaluated for ...
A Unified Social Credit Identifier is issued to registered companies and other types of organization by the Chinese government. It is "unified" in the sense that it is used both as the business registration number with the State Administration for Market Regulation (SAMR) and as the taxpayer identifier with the State Taxation Administration (STA).
Social credit is a distributive philosophy of political economy developed in the 1920s and 1930s by C. H. Douglas.Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them.
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This idea is similarly expressed with the Social Credit System in China as it acts as a tool to, [fix] moral decay" [13] and "encourage positive economic and moral behaviours". [15] The parallel between the two systems is that China's is outside of the market, while the United States' is within the market, so it goes noticed as an issue of ...
Further issues raised in regard to human rights include the severe lack of workers' rights (in particular the hukou system which restricts migrant labourers' freedom of movement), the absence of labour unions independent of the CCP, [6] [7] the implementation of Social Credit System and its blacklist, which serve to restrict a person and their ...
Social credit may refer to: Social credit, a distributive philosophy of political economy Canadian social credit movement; Social Credit System, a Chinese national credit rating and blacklist system; Social Credit Board (1937–1948), a committee in Alberta, Canada
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