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

Derived Forms

• Social Crediter
  noun

Example Sentences

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

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

Another grandiose Social Credit idea turned out last week to be bankrupt.

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

As a publicity stunt to lure tourists, Alberta's Social Credit government staged a "national dish" contest, offered $1,000 in prizes.

From Time Magazine Archive