Economic democracy

By Major C. H. Douglas

Book Overview

What if prosperity is engineered to be scarce? Money shapes every modern life. In Economic Democracy, Major C. H. Douglas, an engineer turned monetary thinker, delivers a bracing political economy treatise and monetary reform manifesto for readers who suspect the numbers do not match the real world. He presses a simple challenge: why can industry produce abundance while households struggle to buy it? From there comes a sharp call for money and credit reform grounded in democratic purpose rather than banking convenience. A cornerstone of social credit theory, this public domain economics classic is also a primary source monetary theory document for anyone tracing early 20th century economics and British economic history. It sits inside the era's fiercest arguments on unemployment, price levels, and who gets to issue the nation's credit. Douglas's banking system critique helped ignite social credit movement history across the English-speaking world, influencing activists, parliamentarians, and later monetary policy reformers. His arguments on public credit, purchasing power, and the politics of accounting remain provocative for students of economics, historians of ideas, and curious general readers who want a clear-eyed dissent from orthodox finance. Collectors and casual readers alike will find its dissenting voice oddly contemporary. Republished by Alpha Editions in a careful modern edition, this volume preserves the spirit of the original while making it effortless to enjoy today -- a heritage title prepared for readers and collectors alike.

• Format: Paperback
• Language: English
• ISBN: 9353706831
• ISBN13: 9789353706838
• Release Date: June 2019
• Publisher: Alpha Edition
• Length: 170 Pages
• Weight: 0.49 lbs.
• Dimensions: 0.4" x 5.5" x 8.5"