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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]
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.
Between 1916 and 1920, he developed his economic ideas, publishing two books in 1920, Economic Democracy and Credit-Power and Democracy, followed in 1924 by Social Credit. The basis of Douglas's reform ideas was to free workers from this system by bringing purchasing power in line with production, which became known as social credit.
The Irish Social Credit Party was a political party active in the Irish Free State. Founded as the Financial Freedom Federation in 1932, it was renamed in 1935 ...
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 ...
Alberta Social Credit was a provincial political party in Alberta, Canada, that was founded on social credit monetary policy put forward by Clifford Hugh Douglas and on conservative Christian social values. The Canadian social credit movement was largely an out-growth of Alberta Social Credit.