Communism is the most rudimentary system of which we have any knowledge, and is, incidentally, the exact opposite of State Socialism, with which most people confuse it. With few exceptions, such as the cuckoo, all the higher animals have evolved from communism to rudimentary conceptions of private property. Modern political communism can be traced without difficulty to the nomadic tribes of the middle East, who, immemorially lazy, moved their flocks from place to place to avoid labour of systematic cultivation. Socialism, on the contrary, is pure, abstract, intellectualism run mad, and politically adopted for interested purposes. Russia is not and never has been a communist state, it is an example of State Socialism. The centralization which is an inevitable feature of State Socialism contains the certainty of war, and it is not too much to say that the Socialist State is primarily a War State.
MAJOR DOUGLAS in
The Social Crediter, Aug. 22, 1942
The proper function of a money system is to furnish the information necessary to direct the production and distribution of goods and services.
DOUGLAS in Social Credit, p. 62
The following is an excerpt from the New Zealand Social Crediter, April 13, 1959, page 5: When chairman of the Midland Bank in London, Reginald McKenna said: "They who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people."
It is beyond argument that those who do produce and control the money supply do control world affairs, and that in this respect the position today is no different from the position in 1919 when the Versailles "Peace" Conference was held. Lloyd George, then Prime Minister of Great Britain, put it very clearly as follows: "The International bankers swept statesmen, politicians, jurists and journalists all on one side and issued their orders with the imperiousness of absolute monarchs who knew that there was no appeal from their ruthless decrees."
It is, in my opinion, not too much to say that... governments are now superseded by financial institutions, and that these financial institutions, so far as can be humanly judged, are in an impregnable position.
DOUGLAS