Social Credit

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Social Credit, sometimes shortened to SoCred, is an economical system that advocates for social control of credit, a national dividend, and other policies that aim to raise consumer's purchasing power and decentralize economic power.

Variants

Unfree social credit.

In this system, the predominance of authoritarianism and dictatorship is used, and social credit is used as a means of encouragement and punishment.

Foundations and Beliefs

Purpose of the Economy and Waste

SoCred believes that the purpose of an economy is to provide goods and services that increase personal well-being, however not every good serves this purpose, these goods are waste. This waste hurts the consumer, since the price of products is increased because of it, hurting his purchasing power.

Production and Cultural Inheritance

For them, there are four factors in production. Land, labor, capital, and Cultural Inheritance, with the last one having the most importance. Cultural Inheritance is the knowledge, process, and techniques that are developed by past civilizations. These ideas make it so that we don't need to reinvent the wheel, making production easier and more valuable

The A+B theorem

The A+B Theorem is the idea that due to Capital in our economy,not the entire cost of production(A+B)is given back as wages(A),as some is instead invested into capital,which means that it is impossible to fully liquidate production. This forces the creation of credit to fix the problem, which in the modern financial system means that debt is ever increasing and thus only worsens the problem later down the line. Social Credit believes that this issue should be fixed via the injection of debt free credit into the economy

The National Dividend

The National Dividend is somewhat similar to a UBI, an amount of money given monthly to everyone, debt-free,in order to close the Price-Income gap. Although unlike the UBI it wouldn't be a fixed amount,but instead based on the size of the gap and would thus increase or decrease depending on economic factors and it wouldn't be financed via taxation or debt,but instead the creation of debt-free credit

Personality

He hates being confused for Dengism or Xi Jinping Thought, and will be quick to correct anyone who makes this confusion, often going on a long-winded rant on how his ideology is perhaps the exact opposite of Chinese social credit. He believes that social credit is useful and necessary for people.

How to Draw

Flag of Social Credit

1. Draw a ball.
2. Color the ball in very dark, de-saturated green-cyan.
3. Add two vertical, parallel white lines on the left side in white.
4. Draw two smaller, diagonal lines on the lines, both of them opposite on each side on the top of the lines.
5. Add the eyes

You're done!

Color Name		HEX	RGB
	Green-Cyan	#315E4E	rgb(49, 94, 78)
	White	#FFFFFF	rgb(255, 255, 255)

Relationships

Friends

• Longism - Likes wealth distribution and increasing consumer purchasing power. Based.
• Lawsonomy - Anti-bank gang!
• Distributism - Great friend from the start. He helped influence a lot of the old social credit parties.
• Ricardian Socialism - Good influence on my ideas.

Frenemies

• Social Libertarianism - Likes universal income but I'm not sure if I like most of your other policies.
• Keynesian School - Doesn't think I'm completely insane.
• Nazism - Some of your followers are like me, but please stop with this centralization nonsense.
• Pol Potism - Another anti-bank ideology but otherwise you are a maniac.
• Reactionary Socialism - You have quite a few ideas I can agree with but you take them too far.

Bankers

• Financialism - I hate you for forcing the consumers to go into debt.
• Zionism - "What is interesting about ["The Protocols of the Elders of Zion"], is the fidelity with which the methods by which such enslavement might be brought about can be seen reflected in the facts of everyday experience."
• Dengism - You've ruined the great name of social credit! Now everyone confuses my ideology with you!
• Right-Wing Populism - Bastard who hijacked my party.
• Satirism - For the love of god, I'm not that Social Credit!
  • Lol -100 Social Credit your CCP enforcer is coming.

• PCM - You too, the thing above.

Gallery

• 
  By SumisuAirisu

Further Information

Literature

• Social Credit by C. H. Douglas
• Credit-power and democracy by C. H. Douglas

Wikipedia

• Social Credit
• C. H. Douglas
• William Aberhart
• Social Credit Party of Canada
• Social Credit Party (New Zealand)
• Social Credit Party of Great Britain and Northern Ireland

Videos

• William "Bible Bill" Aberhart: SocialCreditMeme.jpg by Spartan761 - History
• An Introduction to Social Credit - animated video by The Clifford Hugh Douglas Institute
• The weird "Social Credit" movement by J.J. McCullough
• Douglas Social Credit (YouTube Channel)

Other

• The Clifford Hugh Douglas Institute