This has to be one of the most powerful aspects of social credit.
We have heard all those reports out of the US that the economy will not get kick started until the consumers get spending. But all these conventional economists look at it as if the consumer needs to start borrowing again. We all know that with declining wages and declining real estate values that this is impossible.
Social Credit says that vertical or public or government created money should be given directly to consumers to spend into the economy !! Figure that ? Directly !
Social Credit says all citizens should be equally given a national dividend which is the creation of the necessary amount of money to keep the economy moving forward…. every citizen an equal dividend !! Big difference in approach.
As quoted from social credit sources …. soon to be shared.
A Dividend To Everyone
“The periodic dividend to everyone, recommended by Social Credit, is also in conformity with the economic realities.”
“The modern production, in fact, is more and more the result of applied science, of inventions, of improvements in production techniques, and of all these things that constitute a common good: an heritage transmitted and increased from one generation to the other. The modern production is less and less the result of individual labour. “
“Hoping to distribute the production only through the reward of human labour, is therefore contrary to the facts. It is at the same time impossible, for the money distributed as recompense for work can never buy the production that contains other elements in its prices. “
“Seeking salary increases with decreases in human labour, is also to change the meaning of the word salary. It is no more a recompense for work; it is the inclusion in the salary of the hired persons of what should be a dividend for all, since it is the fruit of progress and not of labour. This deviation is a hindrance to the desired goal, since in becoming a salary instead of remaining a dividend, these additional amounts go into the prices. “
“Social Credit would distribute the dividend to everyone, directly, without charging it to industry. It would truly raise everyone’s purchasing power. “
Wow .. the evolutionary component of all products on earth belongs to the greater community ! Do you remember those past posts on evolution on OTP ? Of course we would need to be able to calculate at least on a quarterly basis what that number is ! There would be more stats to collect and dividend payments to be issued. It would all be easier to accomplish in todays computer age.
The only problem I see is that it takes away alot of political power to distribute government money to pet projects, etc. But social credit was also about living more freely of big government.