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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.
The organisation was led by John Hargrave, who gradually turned the movement into a paramilitary movement for social credit.With its supporters wearing a political uniform of green shirts, in 1932 it became known as the Green Shirt Movement for Social Credit and in 1935 it took its final name, the Social Credit Party. [1]
Download as PDF; Printable version; ... The name Social Credit Party has been used by a number of political parties. In Canada: ... Canadian social credit movement
Major Clifford Hugh Douglas, MIMechE, MIEE (20 January 1879 – 29 September 1952), [1] was a British engineer, economist and pioneer of the social credit economic reform movement. Education and engineering career
Formed in 1932 as the Financial Freedom Federation (FFF), it became the Irish Social Credit Party in late 1935. The party sought to reform Ireland's financial and economic system on lines consistent with the social credit economics as espoused by Major C. H. Douglas. The FFF had split in two factions: one operating under the banner of the ...
The Canadian social credit movement is a political movement originally based on the Social Credit theory of Major C. H. Douglas. Its supporters were colloquially known as Socreds in English and créditistes in French.
The Union also favoured a more orthodox application of social credit economic theory, something that the western based Social Credit movement had begun to move away from under the influence of Alberta premier Ernest Manning. This led to tensions with the national party and Even initially opposed the creation of a national Social Credit Party.
The Ontario Social Credit party ran three candidates in the 1945 provincial election. In 1946, the Ontario Social Credit movement split as a result of Ernest Manning's growing hostility to Douglasites and anti-Semites in the movement. The official Ontario Social Credit League was headed by John J. Fitzgerald and William Ovens.