What is the social credit?

not to be confused with Chinese social credit

Firstly, it has nothing to do with the Chinese Communist party. Douglas wrote a book called Social Credit in 1924, which not only proceeded the implementation of the Chinese Social Credit system by about 90 years, but also Chinese communism.

With that out of the way we can talk about the real social credit, that is, Douglas social credit. A widely used definition is found in a small book titled Elements of Social Credit, which is a course of study consisting of twenty lectures designed to get people started on understanding the topic. In the first lecture it defines social credit as “the power of human beings in association to produce intended results, measured in terms of their satisfaction.”

“The power of human beings in association to produce intended results” is a straight forward explanation for the purpose of society, or ‘association’, and simply refers to the advantages of cooperating with other people to achieve common objectives. A job that is impossible for a single person, moving a pool table into somebody’s house for instance, is pretty difficult for two people but easy for four. Douglas called this advantage ‘the increment of association.’ Leaving aside our personal associations, family and friends, our essential requirements for living are provided by economic associations. The clothes we wear, the houses we live in, the food we eat and the electrons behind our light switches are all examples of the success of economic associations without which our style of life would be impossible. Considering the results of modern industry alone I doubt there is anybody who would deny the very real power of people in association.

To simplify it even further we could say that social credit, ‘the power’, exists where we have trust and cooperation between people. Credit is from the Latin credere which means to ‘trust’ or ‘believe’. So the social credit is really the cooperation which arises out of trust. If I want to build a house and I can enlist the cooperation of someone else who wants to do the same thing we have just increased our power to build houses. The economy, when it is working properly, is that framework which allows for the efficient formation of wide-reaching and mutually beneficial associations and, therefore, an increase in the power of society to produce intended results.

The study of social credit is the study of how to maximise the increment of association always keeping in mind the satisfaction of individuals. The way to ensure the proper nourishment of the social credit in any area of human endeavour is to ensure the benefits of association accrues to individuals which compose society. If individuals are satisfied with the results of their associations, beginning with their families and moving out to wider economic, cultural and political associations, there is every reason to expect these associations to remain strong and functional. Conversely, to the extent people are not satisfied with the results of their associations, these associations are dysfunctional, and so we would expect them to be fragile and liable to fail.

Our current setup frustrates the full realisation of the social credit for individuals in society. Generally speaking this is achieved by the intrusion of non-contributing parties who are able to siphon away the increment of association and thereby accumulate wealth and power for themselves. I am talking here about the one percent. Mainly by means of the financial mechanism these elites are empowered to direct the social credit and charge rent for its use.

It is difficult to grasp the size and reach of ‘the blob’ which parasatises the social credit but it includes government, intelligence agencies, bureaucracies, big tech, the super-national organisations, media and multi-national corporations. What is certain is that the money power lies at its center. Take this from Whitney Webb, who I highly recommend over at unlimitedhangout.com:

I know people like the whole idea of “we need the political saviour to come save us, if we get the right guy in the White House, what a mess our whole country is we need to get the right guy in the White House.” The guy in the White House is always a front for the bankers and it’s pretty much always been that way. The CIA itself, it’s the bankers. If you look at the early CIA, it was all bankers, it was Wall Street lawyers out of Sullivan and Cromwell. That’s who has been doing this the whole time…people just really need to understand that this is THE BANKERS. They run the public sector, they run the private sector. This is a financial slavery system, it’s the slavery system they’ve been using for decades but on steroids.

The failure of our associations is what we do observe now in nearly every area of our social lives. Our marriages and families are breaking up. Our public institutions are failing to deliver the services which they exist to provide. Public trust in government and media are at an all-time low. Across the board the bonds which hold our societies together appear to be coming apart. 

On the economic front it is imperative that we look to the organisations and structures which are draining the satisfaction from our associations. At the top of the list is a massive financial sector which has been allowed to monetise the social credit as loan credit owned by itself, decide who gets it and charge exorbitant rents for its use. As a general strategy the masses are being ruthlessly squeezed between debt, cost-of-living pressures and taxation by a financial, political and corporate elite empowered to siphon off a large part of the value generated by the broader society. The result is diminished social credit, that is, a diminished power to achieve intended results, and consequently a weakening of social cohesion and economic vitality.

In addition to this economic theft, we are subject to what can be described as an onslaught of attempts to divide people into warring factions. That is, to damage the trust between different groups in society. Unfortunately, the crudity of these attempts has not prevented them from being somewhat effective, even if the result has been to confuse people. I needn’t regale you of the ills of race baiting, the gender wars and the climate catastrophists but would only characterise these ‘movements’ as well-funded initiatives calculated to damage our capacity to trust each other and ultimately organise against the real enemy.

The purpose of the economic policies put forward by Social Crediters is to release the individual from unnecessary economic forces. To achieve this all that is required is a full distribution of the product of the machine, which could be made to happen by an alteration of our financial arrangements.

At least in the short term such a realignment does not appear likely. In this case a safe bet is to build social credit locally and generate value out of reach of the parasites.