Democrats Party

The New Zealand Democrats for Social Credit is a political party that has its roots in the social credit theory, which was developed by Major C.H. Douglas in the early 20th century. This theory criticizes the conventional banking system and the way money is…   created and distributed, arguing that the system leads to inequitable wealth distribution and economic instability. The party, therefore, advocates for a reform of the monetary and financial system to enable a more equitable and sustainable economy.<br /><br />The core values of the New Zealand Democrats for Social Credit focus on social justice, economic equity, and environmental sustainability. They believe in creating a society where wealth and resources are distributed in a way that allows everyone to live with dignity and have equal opportunities. The party proposes the use of financial mechanisms such as a citizens' dividend and interest-free loans for public projects to achieve these goals. This would theoretically reduce the reliance on borrowing from commercial banks, decrease national debt, and allow for more direct investment in public services and infrastructure.<br /><br />Environmental sustainability is another key pillar of their platform. The party argues that the current economic system encourages unsustainable exploitation of natural resources and contributes to environmental degradation. By reforming the financial system, they believe it would be possible to support sustainable development practices that protect the environment for future generations.<br /><br />In summary, the New Zealand Democrats for Social Credit is a political party that seeks to address economic, social, and environmental issues through a fundamental reform of the monetary and financial system. Their values reflect a commitment to social justice, economic equity, and the preservation of the environment, with a focus on ensuring that the economy serves the needs of all citizens, not just a wealthy few.Read more