Social Credit Definition

Social credit is an interdisciplinary distributive philosophy developed by C. H. Douglas (1879–1952), who wrote a book by that title in 1924. The item encompasses the areas of economics, political science, history, sales, and physics. Its policies are designed, according to Douglas, to disperse economical and political capacity to individuals. The policy plans of social credit rating attracted widespread fascination with the decades between the world wars of the twentieth century because of the relevance to economic conditions of the time.