Page 5 - Michael Journal — 2019 October

What Should be Repaired?

If a piece of machinery is not working, what should est individual of our nation has equal ownership of the
we repair: the part that is operating correctly or the forests, waterfalls, the social organization and the sci-
defective part? One must repair what is not working entific and cultural heritage of our nation as does the
properly, of course! Prime Minister or the wealthiest man in the country.
So we ask what is not working correctly with the Each is equally entitled to a Dividend on the common
present economic system? Is there a problem with capital when the common capital is productive.
production in our country? No, as quickly as we buy This is what Social Credit demands, and this is
goods they are replaced on store shelves. what those whose hearts and minds are not closed
During the years of the Depression, in the 1930’s, through prejudices or selfishness expect.
production was well-organized and products were If a government official earns a salary of $10,000
never lacking. However, this was not the case with per month, and if the Dividend is $800 per month, the
money. The supply of money was not equivalent to official will receive $10,800 per month. The newborn
production; there was a shortage of money relative to child, in a poor family, will get $800 per month in the
production. In 1939, when World War II was declared, form of a Dividend.
the amount of money in circulation increased. There is This is what Social Credit is all about; it cares for
never a lack of money to finance wars and destruction! the poor. This is what inspires noble-hearted men and
Why are all political parties satisfied with the women to end the scandal of poverty by making this
present monetary system? Is it because they are be- solution known even if it hurts the money masters and
holden to the money powers? Or is it because it is their lackeys in houses of parliament.
easier to lead people by the nose when their pockets In a Social Credit system, there would never be
are empty? any financial problems, whether this entailed provid-
The Pilgrims of St. Michael want nothing to do with ing large families with the cost of living, building or re-
any political party, whether established or new. We pairing roads or financing health care and education.
want people to be free. This is why we want money to The premise is that all that is physically possible would
be as abundant as national production and that every be made financially possible. If something is physical-
family has an income that is guaranteed; as guaran- ly impossible one does not even attempt it. But when
teed as the existence of production. something is physically possible and desired by the
Social Crediters are not looking for complications. population, it is just plain stupid to do without because
We note that products exist and so do peoples’ needs. it is “financially impossible”. This is an artificial impedi-
Only money is lacking. In order for newly issued ment and It is nonsense that people starve in a century
money to buy the products that are sitting on store of plenty. Even in third-world countries, products are
shelves it must reach consumers and households. So not lacking in the stores; just like in developed coun-
new money must be distributed directly to consum- tries, it is always a problem of money. v
ers. Louis Even
That is why Social Credit proposes a Dividend be
distributed without condition to every man, woman
and child. The National Dividend would consist of a Two updated books on Social Credit
sum of extra money in addition to what is earned in
wages and salaries. There are enough goods for every- Economic
one that are just waiting for consumers with money to Democracy
purchase.
The Louis Even Institute, which publishes the
journal, MICHAEL, is not a political association which Seen in the Light of The
wants to benefit only a few [friends of the party] but Social Doctrine of the Church
wants to help everyone. We are not afraid of the Social
Credit Dividend being given to all and we represent
every citizen without exception. Pius XI Pius XII John XXIII Paul VI John Paul II
A study prepared by Alain Pilote
This does not mean that everyone’s fortune will be Published by the Pilgrims of St. Michael, Rougemont, Canada
equalized. Those who earn more will continue to have
more money. Economic Democracy (in 14 lessons): $8; In
The Dividend, the part of purchasing power based this Age of Plenty: $10. Order these or other pub-
on progress, is an entitlement to each person because lications online or by writing to our office.
the fruits of progress belongs to everyone. The poor-

www.michaeljournal.org MICHAEL October/November/December 2019 5