Social Credit

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.

Social Credit

noun

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

Derived Forms

• Social Crediter, noun

Example Sentences

New parties are constantly being born: Social Credit, Parti Québécois, Reform, Bloc Québécois, Wild Rose.

From The Daily Beast

If they have not, then religion can claim no social credit for their preservation.

From Project Gutenberg

Did any nation ever before deliberately throw away its political, commercial, financial, and social credit to no purpose?

From Project Gutenberg