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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.
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.
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 Canadian social credit movement was largely an out-growth of the Alberta Social Credit Party, and the Social Credit Party of Canada was strongest in Alberta during this period. In 1932, Baptist evangelist William Aberhart used his radio program to preach the values of social credit throughout the province. [ 4 ]
Major Clifford Hugh Douglas, MIMechE, MIEE (20 January 1879 – 29 September 1952), [1] was a British engineer, economist and pioneer of the social credit economic reform movement. Education and engineering career
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.
Canadian social credit movement This page was last edited on 7 June 2024, at 23:00 (UTC). Text is available under the Creative Commons Attribution ...
J. Martin Hattersley (November 10, 1932 - June 7, 2020) was a Canadian lawyer and long-time activist of the Canadian social credit movement.Born in Swinton, near Rotherham, Yorkshire, England, Hattersley earned degrees in economics and law from Cambridge University before moving to Alberta in 1956 where he worked as a lawyer.