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

And in crucial Quebec, the swing seems to be to the Social Credit party of a back-country demagogue named R�al Caouette.

From Time Magazine Archive

Clark will not seek a formal alliance with either the Social Credit Party or the leftist N.D.P.

From Time Magazine Archive

To weaken the Liberals' traditional domination of federal elections in Quebec, the Parti Qu�becois endorsed the Social Credit Party and its bombastic leader, Fabien Roy.

From Time Magazine Archive

It perks along with a public works-minded Social Credit movement, whose Premier William Andrew Cecil Bennett takes pains to assure potential investors that their dollars are coming to the right place.

From Time Magazine Archive

Despite this broadside, the Conservatives hoped that the Social Credit Party, which had saved them on five previous no-confidence votes, would support them again.

From Time Magazine Archive