C. H. Douglas, founder of Social Credit
1,949 words
When, during World War I, C. H. Douglas was sent to sort out the accounting muddle in an aircraft factory in Farnborough, England he noticed that the factory was generating costs faster than it was distributing incomes. Replicating the process at a hundred other large British firms he found that the total costs were always more than the money distributed in dividends, wages, and salaries.[1]
Douglas became concerned that the men who labored in the factories producing the necessities of life could not always afford to purchase the items they had worked to produce, (more…)
Frans Francken II (1581–1642), The Miser Haunted by Death Playing Violin
1,978 words
Usura slayeth the child in the womb
Usura stayeth the young man’s courting
It hath brought the young bride and her bridegroom
CONTRA NATURAM
They have brought whores for Eleusis
Corpses are set to banquet
at behest of usura. — Ezra Pound
Clifford Hugh Douglas of Social Credit fame tried to reform a system that was born in 1694 with the creation of the Bank of England. (more…)
3,050 words
Μετάφραση Α. Γ.
English original here
Οποιοσδήποτε γνωρίζει ότι είναι απαραίτητο να εργαστεί για να κερδίσει τα προς το ζην. (more…)
3,813 words
English original here
Kerry Bolton
The Banking Swindle: Money Creation and the State
[L’arnaque du système bancaire : la création d’argent et l’Etat]
London: Black House Publishing, 2013
Le livre de Kerry Bolton, The Banking Swindle, est une excellente introduction à la vision économique de la vraie Droite, qui s’oppose aux forces de l’usure. (more…)
3,397 words
French translation here
Kerry Bolton
The Banking Swindle: Money Creation and the State
London: Black House Publishing, 2013
Kerry Bolton’s The Banking Swindle is a great introduction to the economics of the true Right, which aligns itself against the forces of usury. The topic of economics is quite neglected in the discourse of the modern Right, especially in the Anglosphere. (more…)
8,814 words
Editor’s Note:
The following text is a transcript by D.B. of Jonathan Bowden’s lecture to the 33rd New Right meeting in London on June 11, 2011. In editing this transcription, I introduced punctuation and paragraph breaks. I also deleted a couple of false starts, added the first names of some figures, and included full correct versions of the poems read. You can view the lecture at YouTube here. (more…)
3,119 words
English original here
Todo el mundo sabe que necesitas trabajar por tu dinero. Y si alguien tan solo te da dinero, eso sólo puede ser por la expropiación del trabajo de alguien más. El dinero no crece después de todo en los árboles. (more…)
2,445 words
English original here
Každý ví, že bez práce nejsou peníze. I pokud vám někdo peníze bez dalšího dá, jde prostě jen o plody cizí práce. Peníze přece nerostou na stromech, že? (more…)
Major Clifford Hugh Douglas, 1879–1952
2,076 words
“Salvation by history” — H. G. Wells, The Undying Fire
“The most effective way to destroy people is to deny and obliterate their own understanding of their history.” — George Orwell, Nineteen Eighty-Four
H. G. Wells described the devil and the adversary of all that is good as “the Unexpected,”[1] a condition suitable for any discussion concerning economics and C. H. Douglas. (more…)
59:26 / 53 words
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This lecture by Jonathan Bowden on Ezra Pound was given at the 33rd meeting of the London New Right on June 11, 2011. The introduction is by Adrian Davies.
Ezra Pound by Wyndham Lewis
7,181 words
In memory of AURELIO BAISI
Translated by John Drummond
Editor’s Note:
The following text is surely the most compelling and clear of Ezra Pound’s economic writings. I want to thank Kerry Bolton for making a copy available for scanning. “Gombeen man” is Irish slang for a money-lender but it also refers to unethical businessmen in general. (more…)
2,835 words
English original here
Alla vet att man måste arbeta för sina pengar. Och om någon ger dig pengar, så kan detta enbart bero på expropriering av någon annans arbete. När allt kommer omkring växer inte pengar på träd. (more…)
2,810 words
Part 5 of 5
Chapter I
Minor Addenda and Varia
I have never met a gambler with an ounce of intelligence, but the prejudice against lotteries is in the category of superstitions, totemism and taboo. Lotteries can harm only the imbeciles who buy tickets, but these imbeciles appear to be wholly in their own right. (more…)
Gottfried Feder, 1883–1941
2,973 words
Gottfried Feder
Manifesto for the Breaking of the Financial Slavery to Interest
Foreword by Rodney Martin
Translated with a Preface by Dr. Alexander Jacob.
(Uckfield, Sussex: Historical Review Press, 2012)
This volume by Feder is the first of a series of small books by the important, albeit now obscure German campaigner against usury. (more…)
Ezra Pound in the 1920s
6,248 words
“The earth belongs to the living.”
— Thomas Jefferson
Definitions
Increment of association: Advantage men get from working together instead of each on his own, e.g., crew that can work a ship whereas the men separately couldn’t sail ships each on his own.
Cultural heritage: Increment of association with all past inventiveness, (more…)
Wyndham Lewis, Portrait of Ezra Pound
7,875 words
This is not a SHORT History of the Economy of the United States. For forty years I have schooled myself, not to write the Economic History of the U.S. or any other country, but to write an epic poem which begins “In the Dark Forest,” (more…)
7,609 words
Editor’s Note:
A. R. D. Fairburn was born on February 2, 1904. Fairburn was a poet, painter, critic, essayist, and advocate of Social Credit, New Zealand Nationalism, and organic farming. In commemoration,we are publishing the following expanded version of Kerry Bolton’s essay on Fairburn. To read Fairburn’s magnificent poem “Dominion,” click here. (more…)
3,183 words
English original here
Chacun sait qu’il faut travailler pour avoir de l’argent. Et si quelqu’un vous donne simplement de l’argent, cela ne peut être que par l’expropriation du travail de quelqu’un d’autre. (more…)
2,918 words
Translations: Czech, French, Greek, Spanish, Swedish
Audio version here
Everybody knows you need to work for your money. And if somebody just gives you money, that can only be by the expropriation of somebody else’s labor. (more…)
7,812 words
Editor’s Note:
What follows are selections from Confessions of an Anti-Feminist: The Autobiography of Anthony M. Ludovici, ed. John V. Day, ch. 4, “My Education, II (1910–1916).” (more…)
4,741 words
We will never see an end of ructions, we will never have a sane and steady administration until we gain an absolutely clear conception of money. I mean an absolutely not an approximately clear conception.
I can, if you like, go back to paper money issued in China in or about A.D. 840, but we are concerned with the vagaries of the Western World. (more…)
3,521 words
Part 4 of 4
National Socialist Germany
Propaganda rather than scholarship has dominated studies on National Socialist Germany. Hence, the manner by which certain socio-economic achievements were attained is buried amidst histories that focus on war, the Holocaust, and racial theories. (more…)
Hieronymous Bosch, “Death and the Miser,” detail
2,448 words
Part 3 of 4
States that Broke the Bondage of Interest
Any efforts to advocate alternatives to banking that might extricate nations from the grip of the money-changers are dismissed as “funny money” (more…)
C. H. Douglas, founder of Social Credit
3,859 words
The Impetus from Catholic Social Doctrine
A significant impetus for financial and economic reconstruction was Catholic social doctrine. In many states such as Dollfuss’ Austria,[1] Salazar’s Portugal,[2] Franquist Spain, Vichy France, and as far away as Vargas’ Brazil, Papal Encyclicals provided the doctrinal foundations. The main feature of these “new states” was corporatist social and economic organization, replacing party parliaments with chambers representing all professions. (more…)
