The Political Economy of Social Credit and Guild Socialism

Focusing on the theories of 20th-century economist Major C. H. Douglas and the social credit movement, this study explores the guild socialist origins of Douglas’s work, documents the subsequent history of the movement, and condenses the economic and social theories found in his original texts into a concise exposition. Breaking new ground in demonstrating the continued relevance of the social credit movement, this thoroughly researched reference reveals the extent of the incompatibility between capitalist growth economics and a socially just, environmentally sustainable political economy.