Carrol -- I do not think you should dismiss Social Credit so easily. As I understand it, Social Credit does not require totalitarianism. It is true that Pound also advocated fascism, but that was because he believed the mass of citizens unfit for a Jeffersonian democracy. Social Credit would break the power of the bankers over culture and politics and thus increase the fitness of society for self governance. It would also solve the purchasing power gap in our economy and eliminate the finance cartel which has lost legitimacy and is an economic parasite. Please see Cook's article (link below). If you still think my understanding is incorrect, please guide me to the argument where SC necessitates totalitarianism.
Peter Peter Hollings wrote: > > What about nationalizing the Fed, ending debt-based currency and using the > government's power to issue money as envisioned in the Social Credit > movement, more specifically as described in: > http://www.hollings.org/Content/Cook-EconomicDemocracyAndAGuideToThe2008PresidentialElection.pdf > . Well, a really serious attempt to control the economy in this way calls for a totalitarian state, as those who have thought it through (e.g., Ezra Pound) have proclaimed. Carrol _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
