booklet outlines briefly the economic analysis and constructive proposals
known as Social Credit. These are basically the work of Major Clifford
Hugh Douglas, a Scottish engineer of broad practical experience in
science, business, and economics.
proposals of Social Credit are designed to revive business, to preserve
private property and the profit system, to reduce debt, to lower taxes,
and to provide economic security for every American citizen.
aims would be accomplished by the issuance of purchasing power directly to
consumers in the form of credit. Three definite practical steps are
The establishment in the United States Treasury of a National Credit
Account in which the nation is credited with the production of real wealth
and debited with its consumption.
The sale of all consumers’ goods at the Just Price, by means of a Retail
Discount determined by the true cost of production.
The issuance of monthly Dividends to every American citizen.
Softcover, 111 pages