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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.
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
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.
C.H. Douglas was born in either Edgeley or Manchester, [2] the son of Hugh Douglas and his wife Louisa (Hordern) Douglas. Few details are known about his early life and training; he probably served an engineering apprenticeship before beginning an engineering career that brought him to locations throughout the British Empire in the employ of electric companies, railways and other institutions. [2]
In the 1940 federal election many Social Credit Party MPs ran for re-election under the New Democracy party led by former Conservative William Duncan Herridge as part of a joint effort. All 3 New Democracy candidates elected were Social Credit incumbents, Social Credit leader John Horne Blackmore and MPs Walter Frederick Kuhl and Robert Fair ...
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.
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.
He founded Social Credit's Quebec wing, Ralliement des créditistes in the late 1950s and was its president. He was supported by British Columbia Premier W.A.C. Bennett. Hahn was a former Social Credit MP from British Columbia who had lost his seat in the 1958 federal election. The actual count was not revealed and the ballots were burned.