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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.
In the 1930s and 1940s, the social credit movement in British Columbia was largely fractious, and made up of various small groups, the largest of which being the Social Credit League. The British Columbian movement was largely at odds with the Albertan wing and sought to distance itself from William Aberhart's religious preaching.
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 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 Douglas Credit Party was an Australian political party based on the Social Credit theory of monetary reform, first set out by Clifford Douglas. It gained its strongest result in Queensland in 1935 , when it gained 7.02% of first preferences under the leadership of the psychiatrist Dr Julius Streeter.
Louis Even . Louis Even (March 23, 1885, Montfort-sur-Meu – September 27, 1974) was a lay Christian leader and publisher who founded the social credit movement in Quebec.He co-founded and led the Pilgrims of Saint Michael, better known as the white berets, with Gilberte Côté-Mercier and was a founder of the Union of Electors, a predecessor of Réal Caouette's Ralliement créditiste.
Alfred John "Alf" Hooke (February 25, 1905 – February 17, 1992) was a teacher, politician and writer from Alberta, Canada.He served in the Legislative Assembly of Alberta from 1935 to 1971 as a member of the Social Credit Party.
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.