Economic Democracy (1920)

Economic Democracy is a book written by Clifford Hugh Douglas and published in 1920. The book explores the concept of economic democracy, which is a system that aims to give individuals more control over economic decisions and resources. Douglas argues that traditional economic systems, such as capitalism and socialism, are flawed because they do not truly empower individuals to make decisions about their economic lives. The book proposes a new economic system based on the principles of social credit, which is a theory that advocates for the creation of a new type of currency that is not based on debt. Douglas argues that this new currency would allow individuals to have more control over their economic lives and would lead to a more equitable distribution of resources. Throughout the book, Douglas critiques traditional economic theories and proposes alternative solutions. He argues that economic democracy is not only desirable but necessary for a just and equitable society. The book is a seminal work in the field of social credit and economic democracy and has influenced many subsequent thinkers and movements.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.