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:
“After school days are over, the girls ... find no natural connection between their school life and the new one on which they enter, and are apt to be aimless, if not listless, needing external stimulus, and finding it only prepared for them, it may be, in some form of social excitement. ...girls after leaving school need intellectual interests, well regulated and not encroaching on home duties.”
—Ellen Henrietta Swallow Richards (1842–1911)
“If you want to be on good terms with everyone in this world, sell goods on credit and never ask for payment.”
—Chinese proverb.
“A peace is of the nature of a conquest,
For then both parties nobly are subdued,
And neither party loser.”
—William Shakespeare (1564–1616)