The problem with Social Credit is that it was originally proposed in part as a solution to the problem if inadequate aggregate demand to purchase the full output of industry under mass-production capitalism. If coupled with radical changes in the production model SocCred could be an important part of the transition to post-capitalism. But by itself, it might actually make mass production and planned obsolescence economically sustainable and destroy the biosphere.

On Mon, Mar 28, 2016 at 11:33 AM, Michel Bauwens <michel@p2pfoundation.net> wrote:

---------- Forwarded message ----------
From: Chris Quigley <cmqesquire@gmail.com>
Date: Mon, Mar 28, 2016 at 11:30 PM
Subject: Fwd: The Social Credit Path to Sustainable Consumption
To: Michel Bauwens <michel@p2pfoundation.net>





Link to an excellent summary of Social Credit for your files by Oliver Heydorn

Kind regards,

Christopher

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The Social Credit Path to Sustainable Consumption
The following paper will be presented at the SCORAI conference at the University of Maine in June: http://scorai.org...
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