There has been some recent discussion about Social Credit suggesting that its origins were derived from Guild Socialism.
My understanding is that A. R. Orage, publisher of the Guild Socialist intellectual journal The New Age, had nagging doubts about centralizing tendencies in Guild Socialism and was given a whole new emancipating experience when he found in Douglas a solution to, and a new approach to the economic problem. In reading Douglas, I have never seen anything to suggest he favored socialism or traced the pedigree of Social Credit back to any form of socialism--but provided, rather, a genuine and unique alternative to both it and orthodox finance capitalism. We all know about the original Guild Socialist sponsoring of The New Age--but that does not mean that Douglas's ideas were somehow a continuation of Guild policy. I understand that Orage took The New Age in a very different direction after meeting Douglas, even to the chagrin of some previous supporters. I am inclined to agree with Michael Lane's recent posting wherein, if I interpreted his comments correctly, he criticized tracing the pedigree of Major Douglas's ideas to Guild Socialism, indicating that, while Charles Ferguson was a precursor to Social Credit, Douglas should be credited independently for core Social Credit ideas, notably his analysis of the price-system (i.e., the A+B Theorem), National Dividend, Just Price, etc. Wally Klinck ==^================================================================ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^================================================================
