Social Credit Party (New Zealand)
The New Zealand Social Credit Party (sometimes called "Socred") was a political party which served as the country's "third party" from the 1950s through into the 1980s. The party held a number of seats in the Parliament of New Zealand, although never more than two at a time. It has since renamed itself the New Zealand Democratic Party, and was for a time part of the Alliance.
The party was based around the ideas of Social Credit, an economic theory established by C. H. Douglas. Social Credit movements also existed in Australia (see: Douglas Credit Party & Australian League of Rights), Canada (see: Canadian social credit movement), and the United Kingdom (see: UK Social Credit Party) although the relationship between those movements and the New Zealand movement was not always good.
Read more about Social Credit Party (New Zealand): The Social Credit Association, Foundation, Early History (1953–1972), Later History (1972–1985), Democrats (1985-present), Alleged Anti-Semitism, Electoral Results
Famous quotes containing the words social, credit and/or party:
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—Ralph Waldo Emerson (1803–1882)
“The thief steals from himself. The swindler swindles himself. For the real price is knowledge and virtue, whereof wealth and credit are signs. These signs, like paper money, may be counterfeited or stolen, but that which they represent, namely, knowledge and virtue, cannot be counterfeited or stolen.”
—Ralph Waldo Emerson (1803–1882)
“Such is the human race. Often it does seem such a pity that Noah and his party did not miss the boat.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)