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Social Credit Party: A New Economic Hope

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Created November 6, 2025

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Video Transcript

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Social credit party of canada (1930s). Back in the Great depression (1935), people were down

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bad, broke, jobless, and blaming the system.

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Then came William "bible bill" Aberhart came through with a new vibe: fix the economy for

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the people, not the banks. He followed C.H. Douglas's idea that people make stuff

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but cant afford to buy it - total econ fail. The squad's fix? drop "social credit"

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payments- monthly cash so regular folks could spend again and spark the economy.

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Their whole mood was help the people, not the banks - faith, fairness,

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and finances all in one. Ideology: welfare capitalism, keep capitalism,

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