| Subject: | [socialcredit] engaging in working dialogue with Georgists? | | Date: | Thursday, October 18, 2007 10:16:20 (-0700) | | From: | william_b_ryan <william_b_ryan @.....com>
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Alan Avans wrote:
"I've never been able to quite figure out why Social
Credit has such difficulty fruitfully engaging in
working dialogue with Georgists?"
-------------------------------------------------
Speaking only for myself, and I do not call myself a
social crediter, though I admit to being greatly
influenced by the writings of C. H. Douglas:
1. The philosophy of Georgism is the diametric
opposite to that of Social Credit. Georgism is
derived from the selective reading of the classical
economists. They speak of "rent" particularly to land
as being "unearned," therefore it should be
expropriated from the possessors of land. They have a
special antipathy to income from any source that is
"unearned."
From the Social Credit perspective, rent and profit
are unearned only in the respect that they derive from
a contractual relationship with the community rather
than direct remuneration for labor supplied. Social
Credit would seek to extend the concept to all
citizens through the payment of dividends by the
community from the general credit based on the
"unearned increment of association" and the "cultural
inheritance."
2. Again, being based on selective reading of the
classical economists, they have no concept of the
nature of money and credit. One only has to look at
the postings to this list by the prominent Georgist Ed
Dodson to confirm that. Therefore it has no relevance
to the modern theory of economics as it has developed
over the last two centuries. The Georgist theory was
already obsolete by the time George wrote in the
latter half of the nineteenth century. In fact,
nothing in it was original or innovative.
3. Historically, whatever George's personal motives
might have been, millions of dollars poured into his
movement not to promote his theory, but to neutralize
the then insurgent Populist movement, which very
nearly elected William Jennings Bryan to the
presidency of the United States.
Through my research I've learned that some of the very
same people who funded the Georgists also funded the
Russian Bolsheviks in their revolution, for whatever
reason, some two decades later. I've identified at
least one of them by name.
Social Credit is the descendant of American Populism.
Many of the founders of the Albertan Social Credit
movement were the children and grandchildren of Bryan
supporters who had emigrated to Alberta from the
American mid-west.
Bill Ryan
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