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

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

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

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

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

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

From Time Magazine Archive