Social Credit

American  

noun

Economics.

1. the doctrine that under capitalism there is an inadequate distribution of purchasing power, for which the remedy lies in governmental control of retail prices and the distribution of national dividends to consumers.

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Social Credit British  

noun

1. (esp in Canada) a right-wing Populist political party, movement, or doctrine based on the socioeconomic theories of Major C. H. Douglas

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Other Word Forms

• Social Crediter
  noun

Example Sentences

See Examples For:

Social Credit

The Progressive Conservative Party won 107 seats, the Quebec-based populist Social Credit Party took 15, and independents have two.

From Time Magazine Archive

The Conservatives lost twelve seats, ending up with 95, and the tiny, right-wing Social Credit Party dropped from 15 to eleven.

From Time Magazine Archive

From their stronghold in Alberta and British Columbia, the Social Credit Party's high command swept into Toronto last week for a national convention launching their first serious bid for national influence.

From Time Magazine Archive

In his annual budget message, Social Credit Premier Ernest Manning said it was entirely possible that within the foreseeable future Alberta's oil and gas income would double.

From Time Magazine Archive

It is administered by Premier Ernest Manning, 58, who, like his colleague Bennett, has his political roots in the Social Credit movement, though his policies are now cautiously conservative.

From Time Magazine Archive