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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 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 Social Credit Party of Canada (French: Parti Crédit social du Canada), colloquially known as the Socreds, [3] was a populist political party in Canada that promoted social credit theories of monetary reform. It was the federal wing of the Canadian social credit movement.
Notable supporters of Social Credit or "monetary reform" in Britain in the 1920s and 1930s included aircraft manufacturer A. V. Roe, scientist Frederick Soddy, author Henry Williamson, [citation needed] military historian J. F. C. Fuller [7] and Sir Oswald Mosley, in 1928-30 a member of the Labour Government but later the leader of the British Union of Fascists.
William Aberhart (December 30, 1878 – May 23, 1943), also known as "Bible Bill" for his radio sermons about the Bible, was a Canadian politician and the seventh premier of Alberta from 1935 to his death in 1943. [1]
Clark was married to Rosemary Landry Clark for 63 years, until her death in February 2008. His children are Samuel Clark, a sociologist at the University of Western Ontario; W. Edmund Clark, CEO of the Toronto-Dominion Bank; and Ellen Tabisz, a social worker and adjunct professor at the University of Manitoba.
The name Social Credit Party has been used by a number of political parties. In Canada: ... Canadian social credit movement This page was last edited on 7 ...
C. H. Douglas, founder of the Social Credit-theory. Photo taken in Edmonton, Alberta, Canada, 1934. In the years around 1920 the British engineer C. H. Douglas developed a theory on banking and welfare distribution, a theory which he called "Social Credit", and which soon became the cornerstone of an international movement with the same name.