tag:blogger.com,1999:blog-2555123713188257297.post2654715459023825020..comments2023-12-14T21:55:11.213-05:00Comments on Mitchell Langbert's Blog: Hillary Clinton Revives the Major Douglas Social Credit Concept--Republicans Should Advocate Peoples' Equity Plan InsteadMitchell Langberthttp://www.blogger.com/profile/00722335216553899790noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2555123713188257297.post-53198379005749034532009-01-19T18:06:00.000-05:002009-01-19T18:06:00.000-05:00You are clearly a capitalist schill. To discredit ...You are clearly a capitalist schill. To discredit Douglas' clear thinking as nonsense does nothing but soldify your capitalist ways. You have little or no respect for the work done by the working class. Your callous observations are indicitive of elitist prejudice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2555123713188257297.post-36333859218157533902007-10-06T10:11:00.000-04:002007-10-06T10:11:00.000-04:00There is nothing similiar between Hillary's divide...There is nothing similiar between Hillary's dividend and the dividend advocated by C.H. Douglas.<BR/><BR/>Hillary want to give people a dividend financed through taxation.<BR/><BR/>Douglas wanted to give people a dividend financed through issuance of new debt free credits.<BR/><BR/>The former is a redistribution of wealth, while the latter is an addition to wealth.<BR/><BR/>Douglas's dividend was to correct for an accounting flaw described in his A+B theorem, and was designed to reflect the reality that automation is replacing the need for workers. It was also only part of the distribution of new credits, because he also advocated a price rebate in ratio of consumption/production.<BR/><BR/>You claim that money is "gold", but even under a gold standard, the majority of money was bank created credit. Gold comprised a very small percentage of the money supply. Most money in a "gold standard" was bank credit, created by private banks when they issue loans.<BR/><BR/>Secondly, I'd like to know what correspondence the quantity of gold in existence has to the ability of the community to produce, and deliver, goods and services, when, and where, they are required?Socredhttps://www.blogger.com/profile/03930579002329295431noreply@blogger.com