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The growing interest in the possibility of a feminist economics has antecedents originating in a blend of socialism with a strain of institutionalism as developed by the American, Thorstein Veblen. The social credit movement, popular throughout the English-speaking world in the inter-war years, arose out of the alternative economics of Clifford Hugh Doulgas and Alfred Richard Orage. Published between 1919 and 1924, the texts outlined theories and politics that could result in economic democracy based upon a universal right to an unearned income from a National Dividend arising from the common cultural inheritance. Women were particularly drawn to study and promote the “new economics,” which offered economic justice to all regardless of “biographical colouring.” In this paper, we introduce the background history of the social credit movement and the basic tenents of the Douglas/New Age texts. |
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