<div dir="ltr"><br><div class="gmail_quote">---------- Forwarded message ----------<br>From: <b class="gmail_sendername">Chris Quigley</b> <span dir="ltr"><<a href="mailto:cmqesquire@gmail.com">cmqesquire@gmail.com</a>></span><br>Date: Sat, Dec 12, 2015 at 7:17 PM<br>Subject: Fwd: Christopher Social Credit & Grace -<br>To: Michel Bauwens <<a href="mailto:michel@p2pfoundation.net">michel@p2pfoundation.net</a>><br><br><br><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div>Michel,</div><div><br></div><div>Thought this article might be of interest.</div><div><br></div><div>Kind regards,</div><div><br></div><div>Christopher</div><div><br></div><div>----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</div><div><br></div><div><p class="MsoNormal" style="margin-bottom:0.0001pt;vertical-align:baseline"><b><span style="font-size:16pt;font-family:Arial,sans-serif;color:black">Economic grace of ‘Social Credit’:
national dividend and compensated retail prices to facilitate consumer goods
distribution in an age of robotics</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136);border:1pt none windowtext;padding:0in">Posted on</span><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136)"> </span><a href="http://www.washingtonsblog.com/2015/07/economic-grace-of-social-credit-national-dividend-and-compensated-retail-prices-to-facilitate-consumer-goods-distribution-in-an-age-of-robotics.html" title="4:38 pm" target="_blank"><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136);border:1pt none windowtext;padding:0in">July 20, 2015</span></a><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136)"> <span style="border:1pt none windowtext;padding:0in">by</span> </span><a href="http://www.washingtonsblog.com/author/carl-herman" title="View all posts by Carl Herman" target="_blank"><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136);border:1pt none windowtext;padding:0in">Carl
Herman</span></a><span style="font-size:9pt;font-family:Arial,sans-serif;color:rgb(136,136,136)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><i><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51);border:1pt none windowtext;padding:0in">by guest author Wallace Klinck</span></i><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><i><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51);border:1pt none windowtext;padding:0in">“The unacknowledged, but obvious, truth is
that unnecessary work, imposed by either edict or contrived
financial legerdemain, is slavery and servitude—totally irrational and
immoral. Every engineer worthy of the name is trying to eliminate
the need for human effort as a factor of production while every witless or
hypocritical politician, pressured by the financial powers above and an
insecure and uncomprehending population below, is professing, at least, to
promote policies designed to ‘put people back to work.’” (from the below
article)</span></i><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Five minute video of Major C.H. Douglas, founder of Social
Credit <a href="tel:%281934" value="+661934" target="_blank">(1934</a>):</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Because of its deleterious impact on personal freedom and
initiative, centralization of both economic and political power is the critical
issue facing society. The primary obstacle to reversing this growing
concentration of power is an almost universal ignorance of the manner in which
the existing financial system renders the price-system increasingly
non-self-liquidating, making impossible the recovery of industrial production
costs through sales. Institutions and individuals attempt to resolve this
problem by resorting to bank debt, thereby obtaining access to the products of
industry by the self-defeating expedient of mortgaging our future–i.e.,
transferring these costs as an exponentially growing debt charge against future
cycles of production–and by engaging in an orgy of wasteful and destructive
activities, effectively culminating in continuous war.<br>
<br>
</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Their monopolistic proclivities disincline both
Finance-Capitalism operating under the Monopoly of Credit and every form of
collectivist organization (e.g., socialism, communism or fascism) from
grappling with this problem. The solution must entail an
appropriate modification of the existing financial-credit and price system
so as to properly facilitate distribution of the immense output of modern
technology-based industry, in the context of expanding leisure.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Nearly a century ago this emergent challenge was studied in
depth by the British engineer Clifford Hugh Douglas, who not only analyzed the
defects of the existing price system as it functions under present financial
and industrial cost-accounting conventions, but also put forward realistic
remedial proposals. Between and for a period after the World Wars,
Douglas’s ideas, which he named “Social Credit”, attracted large numbers of
adherents and spawned many political movements in countries around the world.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Douglas recognized that life is more than bread alone and that
in order to attain his full stature man must be released from unnecessary
material concerns in order to make time for matters of the Mind and Spirit.
This clearly was inherent in certain much-neglected aspects of the message of
Jesus, who explicitly stated that lack of faith is the reason for our obsession
with toiling our own way to material survival. Jesus asked how we could doubt
that God, who provides for the fish and birds and the beasts, knows our needs
and will provide even better for us. On more than one occasion Jesus
unconditionally distributed loaves and fishes to crowds that had gathered to
hear him. To indicate how reality operates outside of puritanical human notions
of morality, Jesus pointed out that his heavenly Father causes the sun to
rise on the evil and the good, and lets <b><span style="border:1pt none windowtext;padding:0in">rain fall</span></b> on
both the <b><span style="border:1pt none windowtext;padding:0in">just</span></b> and the <b><span style="border:1pt none windowtext;padding:0in">unjust</span></b>.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">An aspect of this divine caring is the ability we have been
given to accumulate understanding of natural laws, which has resulted in an
endless extension of “mechanical advantage”—termed by Social Crediters the
Unearned Increment of Association—from which has emerged our amazing modern
technology with its outflow of material abundance. Through learning how to
associate effectively in the areas of both human endeavours and material
resources, we have multiplied our productive capacity many thousands, if not
millions, of times over. The historical aggregation of Unearned
Increments has provided the vast Cultural Heritage upon which we all so
greatly, if unconsciously, depend.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">This is the background of why Social Credit came to be perceived
by its leading thinkers as “practical Christianity”. Although Douglas did not
set out to design it as such, ongoing development of Social Credit thought has
revealed it to be uniquely consonant with and revelatory of the assurances
given by the founder of the Christian faith.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">This realistic perception of our situation is absent from the
major ideologies of our time. For example, Libertarians promote the
notion that the individual must “make it on his/her own”. No one today (apart
maybe from individuals lost in the wilderness) is doing this; all have the
benefit of the Cultural Heritage, which ties us in a web of dependencies not
only with our contemporaries but also with previous generations.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Socialism, which calls for State ownership and administration of
the means of production—the central planning of the economy and of human
activity—similarly endeavors to alienate people from their heritage.
Besides specifically attacking the very principle of inheritance, Socialists
force the energies of the members of society into mandatory employment in
projects prescribed by the State. Suppression of individual initiative is
an inevitable result of this constraint of access to the possibilities afforded
by the richness of the Cultural heritage. This observation applies to all forms
of “socialism”, whether national or international in nature.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Social Credit is the inverse of socialism and a negation of
finance capitalism. Many persons have it in their minds that a sharing
society necessarily is socialistic; i.e., power centralizing. Presumably they
think this way on the erroneous assumption that the sharing will be accomplished
by redistributing existing wealth by means of various confiscatory forms of
taxation. However, Social Credit, uniquely, stands not for redistribution
of earned incomes, but rather for distribution of consumer goods at source as
they emerge from the production line.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Douglas enunciated and stressed the truism that production
without consumption is sheer futility and waste.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The fundamental task of economic policy is to match and balance
the cycles of consumption and production. Producers’ costs cannot be
recovered without money received from consumers, whose incomes alone
provide business its means to liquidate all financial costs of production.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">In order to effect this balance, Douglas recommended that
National (Consumer) Dividends and Compensated (lowered) Prices at point of
retail sale must be provided and financed by a Government Agency (created
or existing, whatever is most efficient and convenient) with funds not
derived from taxation but drawn down from a properly constructed National
Credit Account. This would be a continuously updated actuarial
accounting of the nation’s real credit, being an inventory of all those
resources which are available to be used for production and which, if so
used, may result in the making of financial prices.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Unfortunately, the public are conditioned to reason from the
false assumption that the economic “pie” is limited to the financial
incomes paid out in production, and hence they perceive this as the only
possible source of funding. This assumption includes the erroneous corollary
that the price-system is self-liquidating; i.e., that incomes paid out as
wages, salaries and dividends are not only equal to, but available to
meet, the total financial costs of production. That this is a
major fallacy is readily proved by the enormous accumulation
of inflationary private and public debt created as loans by the banking
system, which allows goods to be purchased after a fashion but does not
liquidate their financial costs of production in a synchronized fashion.
As a kind of stop-gap expedient, these loans merely transfer these costs
into the future, to be liquidated with income derived from later cycles of
production unrelated to the cycles in which they were incurred.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The physical (i.e., real) costs of production are met as
production takes place. Obviously, if this were not the case, production
could not proceed. This is self-evident and axiomatic. When goods are
produced in finished form they are meant to be used and should be
immediately available to the overall consuming public <i><span style="border:1pt none windowtext;padding:0in">in toto</span></i> and without entailing any residual
financial debt.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">This universal piling-up of debt is bogus and is required
only because price increasingly includes, as real capital replaces labor
as a factor of production, allocated charges in respect of real capital
which are not distributed as income in the same cycle of production.
Consumer income is cancelled prematurely, leaving a growing deficiency
of income relative to the total prices of goods awaiting purchase. In
other words, the flow of final prices increasingly exceeds the flow of
effective financial purchasing-power. Purchasing-power is prematurely
cancelled in respect of still existing real capital, whereas it should be
cancelled only at the rate of actual physical consumption or depletion.
Money should be issued at the rate of production and cancelled at the rate of
consumption</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">In the face of this predicament, we can simply forgo acquisition
of these goods, leaving the producer no option but to warehouse or destroy
them and go bankrupt—making his endeavors a mindless exercise in
futility. Or we can ensure that, while required, remaining actual
“workers” (i.e., recipients of remuneration from others for services rendered)
continue to have the benefit of their earnings, all citizens, workers
included, have access to the full output of industry by being provided
adequate aggregate purchasing-power to make this possible.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Besides being a practical necessity, such an arrangement
recognizes the share all have in the almost fantastic Cultural Heritage of
Civilization. In a Social Credit dispensation, Inheritance would be
generalized.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">In stark contrast is the socialist attitude, which is that
inheritance is evil and should be abolished.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Social Credit stands most definitely, unashamedly and
unabashedly, for a sharing society—and as labor is increasingly reduced by
technology it would become more sharing with the passage of time. Unlike
Socialism, which in reality has always been more about centralized control than
about sharing, Social Credit does not involve State ownership, planning or
administration of the economy or of social organization as such. By giving
people as individuals full access to the ever-increasing abundance made
possible by technology and to concomitant economic independence, it is in fact
highly decentralizing.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The rational purpose of technology is to
eliminate inefficiency, and “jobs” concocted merely for the sake of
distributing incomes are precisely that—mere wasted energy and
materials. The solution to the problem of economic insecurity in the
modern age of super-production does not lie primarily in “making” work,
but increasingly in facilitating distribution. Those who clamor for
“jobs” actually visualize a model along the lines of fascist and communist
states, which give and demand of everyone endless work throughout their
lifetime, in accordance with the rather suspect dictum that “work will
make you free”—but not <i><span style="border:1pt none windowtext;padding:0in">until</span></i> you die.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The unacknowledged, but obvious, truth is that unnecessary work,
imposed by either edict or contrived financial legerdemain, is slavery and
servitude—totally irrational and immoral. Every engineer worthy of
the name is trying to eliminate the need for human effort as a factor of
production while every witless or hypocritical politician, pressured by
the financial powers above and an insecure and uncomprehending population
below, is professing, at least, to promote policies designed to “put
people back to work.”</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Frankly, if I desire “work”, then I want to do it by my
own choice and at my own leisure, increasingly freed from the
enforced conformity and servitude of the existing system.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">We should not be striving to provide more, and more, human work
but rather more technological productive efficiency with augmented effective
consumer purchasing-power capable of eliminating consumer debt
and liquidating industrial costs in a timely manner. Let robots do
the work. Tirelessly and without complaint, they perform the vast majority
of it better than people can.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">You want more work? Then let’s have another war—or, better
yet, continuous wars until we end up destroying the whole planet or all
life upon it.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Indeed, the flaws in the current financial system provide a
constant incentive for military war, which normally is just an extension of
economic war. Unbalanced international trade is driven by the increasing
inherent orthodox need to export—not to receive an equivalent of real
wealth in return, but to capture financial credits from other nations to compensate
for the internal intrinsic deficiency of consumer purchasing-power that
exists in the domestic price-system of every nation.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Anyone who does not understand this compulsive destructive
dynamic of the modern financial-economic system is totally unqualified
even to comment on our economic position.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The abundance that technology makes possible should set men
and women free from physical want, increasingly enabling them to choose
independently and without duress their preferred activities in life. As opposed
to the ubiquitous Keynesian, cognitively dissonant, counterfeit socialist
concept of “economic democracy” as a centralized administrative proletarian
Work-State, Social Credit gives real meaning to the concept of
economic democracy by favoring a consumer-motivated system of production.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">C. H. Douglas stressed the importance of understanding policy by
tracing its pedigree. From a metaphysical standpoint, Social Credit
would be a practical, physical incarnation of the Christian Doctrine of
Salvation by Unearned Grace—in contradistinction to the prevailing
hyper-materialistic conception and system, of Salvation through
Works. The current financial system is predicated upon a unchriatian philosophy
characterizable as “<i><span style="border:1pt none windowtext;padding:0in">do ut des”,</span></i> meaning
“this for that”</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">in other words, that nothing can be obtained except it be
earned, that, as the saying goes, “There is no free lunch”. It is the
underlying principle of the madness-inducing doctrine of
“Salvation through Works”.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Hence, the existing financial system issues money only as debt
for production and never for consumption, except in the latter case as
debt which must be acquitted by future work This policy of issuing money
only for work might have had some basis in equity in the primitive economy
where production was primarily due to human effort. It makes no rational
or moral sense whatever in the modern highly technological economy where
non-human factors of production predominate and human intervention becomes
increasingly a mere, although essential, catalyst within a vast productive
complex.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Social Credit coheres profoundly with the Christian philosophy
of Salvation through Unearned Grace–Grace being an outright gift from God.
Spiritual Grace has, or should have, a physical counterpart, or
incarnation, in the economic or material realm. Thus, from this
philosophical standpoint access to consumer goods and services should
increasingly be justified not by work alone but rather by the individual’s
share in an inalienable inheritance of the communal capital that has accumulated over
the ages. The effect of growth of our historic Cultural Heritage has
always been to advance the potential for faster, more diversified and less
wasteful productivity, with an accompanying potential for enhanced human
leisure.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Christian philosophy holds that it is a major sin to make an end
of a means. The rational purpose and end of production is consumption, not
to create work (a means). An economic system should provide goods and
services for mankind as efficiently as possible with minimal trouble and
effort for all concerned.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">One might ask how it is possible for a nation such as the United
States of America, professedly predicated upon Christian principles, to
base its entire economy and social structure upon a financial system that
is a total inversion of those principles. A clue to this strange
contradiction may be found in Douglas’s observation that Finance and the
Established Media are concentric. As a result, he said, society has been
hypnotized, with the consequence that only a drastic de-hypnotization can save
it.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">If society can pursue a continuous, destructive, malevolent and
malignant policy of devastating the continents and populations of foreign
nations, then surely we can easily pursue instead the civilized
alternative of providing (Consumer) Dividends and Compensated (lowered)
Retail Prices to support a secure and leisured life for our
citizens. Under the existing iniquitous financial system we are
driven to deliver those potential Dividends to other nations in the form
of bombs. This would appear to be insanity by any rational criterion, but
it satisfies the overarching irrational one of providing plenty of “jobs”
and “incomes” (not to mention “profits”)—albeit at the additional cost of
stupendous physical waste, human suffering and a massive, exponentially
expanding financial mortgage burdening our future. This too would appear
to be insanity, but apparently not to members of the banking
fraternity, which finances it all with conspicuously detached equanimity.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Surely the time is long past when individuals and nations should
have stopped “fighting” amongst themselves and instead concentrated their
intelligence, energies and talents on demanding reality-grounded financial
and economic policies.</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">I hope that the above commentary may help to clarify some of the
major questions and issues often raised about Social Credit.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Dr. Oliver Heydorn has recently published a major informative
book, comprehensively incorporating C. H. Douglas’s essential ideas. Refer:
</span><a href="http://www.socred.org/" target="_blank"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(116,51,153);border:1pt none windowtext;padding:0in">http://www.socred.org</span></a><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">See also:</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><a href="https://en.wikipedia.org/wiki/Social_credit" target="_blank"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(116,51,153);border:1pt none windowtext;padding:0in">https://en.wikipedia.org/wiki/Social_credit</span></a><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><a href="http://social-credit.blogspot.ca/" target="_blank"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(116,51,153);border:1pt none windowtext;padding:0in">http://social-credit.blogspot.ca</span></a><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><a href="http://www.socialcredit.com.au/" target="_blank"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(116,51,153);border:1pt none windowtext;padding:0in">http://www.socialcredit.com.au</span></a><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:18pt;vertical-align:baseline"><a href="http://socialcredit.schooljotter2.com/" target="_blank"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(116,51,153);border:1pt none windowtext;padding:0in">http://socialcredit.schooljotter2.com</span></a><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)"></span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">___________________________________________________________</span></p>
<p class="MsoNormal" style="margin-bottom:0.25in;line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">The author was born during the so-called “Great Depression” when
in <a href="tel:1935" value="+661935" target="_blank">1935</a> the historic election of the world’s first “Social Credit”
Government in the Province of Alberta, Canada startled the pundits and
alarmed the global financial powers. In later years he became
acquainted with several Cabinet Ministers of that Government. His
close mentor was Mr. Leslie Denis Byrne, O.B.E., a British actuary and
technical expert in Social Credit who was sent, with a colleague, from
Britain by C. H. Douglas to advise the fledgling new Provincial
Administration. The author holds baccalaureate degrees in Arts and
Education. In Arts, he majored in political science, and minored
in economics. In Education, he majored in social studies, secondary
route.</span></p>
<p class="MsoNormal" style="line-height:18pt;vertical-align:baseline"><span style="font-size:12pt;font-family:Georgia,serif;color:rgb(51,51,51)">Appreciation
is expressed to Robert E. Klinck, M.A. for his considerate and patient
assistance in editing this essay.</span></p></div></div>
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</div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div>Check out the Commons Transition Plan here at: <a href="http://commonstransition.org" target="_blank">http://commonstransition.org</a> </div><div><br></div>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br><a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank"></a>Updates: <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br><br>#82 on the (En)Rich list: <a href="http://enrichlist.org/the-complete-list/" target="_blank">http://enrichlist.org/the-complete-list/</a> <br></div></div></div></div>
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