
C. H. Douglas, founder of Social Credit
3,859 words
The Impetus from Catholic Social Doctrine
A significant impetus for financial and economic reconstruction was Catholic social doctrine. In many states such as Dollfuss’ Austria,[1] Salazar’s Portugal,[2] Franquist Spain, Vichy France, and as far away as Vargas’ Brazil, Papal Encyclicals provided the doctrinal foundations. The main feature of these “new states” was corporatist social and economic organization, replacing party parliaments with chambers representing all professions. Read more …
ABC of Economics, Part 5 & Conclusion
2,810 words
Chapter I
Minor Addenda and Varia
I have never met a gambler with an ounce of intelligence, but the prejudice against lotteries is in the category of superstitions, totemism and taboo. Lotteries can harm only the imbeciles who buy tickets, but these imbeciles appear to be wholly in their own right. Read more …