HIS 2364 Lecture Notes - Lecture 3: Canadian Social Credit Movement, British Columbia Social Credit Party, Participatory Democracy
14 Apr 2014
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Two simples solutions: a national dividend to consumers & subsidies to produce to lower prices. These good were a community"s cultural heritage , unearned increment , or social. Government"s role was to distribute this social credit to all citizens. Douglas" famous a + b theorem: a=wages, b= price of goods & material. A+b can never = a: always a shortage of purchasing power. Social credit would: destroy financial coporations" control over capitalist system, preserve private property, private management, & individual freedom, socialism and state intervention could be avoided. According to macpherson, left 3 legacies: one party government, cabinet rule, direct delegate democracy. A petit- bourgeois, debtor class of petty commodity producers was the dominant social class in alberta the wheat economy prevailed. Members of this petty-bourgeoisie were reduced to subsistence living by the mid-1930"s. Alberta had a quasi-colonial economy and political relationship with central canada"s economic and political elites. Alberta"s population was heavily fundamentalist in its religious beleifs and practices.
