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Notable supporters of Social Credit or "monetary reform" in Britain in the 1920s and 1930s included aircraft manufacturer A. V. Roe, scientist Frederick Soddy, author Henry Williamson, [citation needed] military historian J. F. C. Fuller [7] and Sir Oswald Mosley, in 1928-30 a member of the Labour Government but later the leader of the British Union of Fascists.
The Social Credit Party was mothballed during the war, although Hargrave tried to keep his ideas alive through a weekly newsletter, The Message from Hargrave. He was urged to stand for Parliament in the 1945 election, but did not: only returning to public politics in 1950 when he stood as a candidate in Hackney North and Stoke Newington in the ...
Some of the British monetary reformers, such as Michael Rowbotham, is influenced by the Social Credit-movement. The Money Reform Party [5] [6] was founded by Anne Belsey from Kent in 2005 and deregistered in 2014. [7] Belsey stood for the MRP in the 2006 Bromley and Chislehurst by-election and came last with 33 votes.
The Kindred was founded in 1920. Some members continued into Hargrave's Green Shirt Movement for Social Credit, which was established in 1931–32, and which became in 1935 the Social Credit Party of Great Britain and Northern Ireland. This was wound up in 1951.
Douglas proposed that the long-term consequence of this policy is a trade war, typically resulting in real war – hence, the social credit admonition, "He who calls for Full-Employment calls for War!", expressed by the Social Credit Party of Great Britain and Northern Ireland, led by John Hargrave. The former represents excessive capital ...
C.H. Douglas was born in either Edgeley or Manchester, [2] the son of Hugh Douglas and his wife Louisa (Hordern) Douglas. Few details are known about his early life and training; he probably served an engineering apprenticeship before beginning an engineering career that brought him to locations throughout the British Empire in the employ of electric companies, railways and other institutions. [2]
The League pushed the idea inside the Labour Party, which dedicated several hearings at the National Congress in 1920 and 1922, but the idea was eventually rejected. [10] At the same time Major C.H. Douglas, a British engineer and social philosopher, developed a new economic philosophy which he labelled Social Credit. At the heart of the ...
Defunct political parties in England (1 C, ... Social Credit Party of Great Britain and Northern Ireland; Social Democratic Party (UK, 1979) ...