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The Social Credit Party was established as the Social Credit Political League. It was founded on 10 January 1953, and grew out of the earlier Social Credit Association. The party's first leader was Wilfrid Owen, a businessman. Much of the early activity in the party involved formulating policy and promoting social credit theories to the public.
[7] Eventually the remaining members of the party ended up as part of a supposedly centrist party known as the New Zealand Coalition after joining together with the remnants of the New Zealand Party and the United NZ Party. [8] In 2018 the Democratic Party changed its name back to the Social Credit Party. [9]
Social Credit Party of Alberta; Social Credit Party of Saskatchewan; Social Credit Party of British Columbia; Social Credit Party of Ontario; In the United Kingdom: Social Credit Party of Great Britain and Northern Ireland; In New Zealand: Social Credit Party (New Zealand) Social Credit-NZ; In Australia: Social Credit Party (Australia) In ...
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Over the years, a number of third parties or so-called minor parties developed, notably the Social Credit Party, the New Zealand Party, the Values Party, and the Alliance. [7] However, the FPP electoral system meant that regardless of how many votes a party gained nationwide, it could not win a seat without a plurality in a particular ...
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In 1970, a bitter dispute at the party's annual conference saw Cracknell lose the Social Credit Party's leadership to his deputy, the more confrontational John O'Brien. The 1970 conference was described as "the most vivid example of political bloodletting in public" since John A. Lee had been expelled at the 1940 Labour party conference. [ 13 ]