Description
Today, when there is no money, municipalities lay aside urgent works requested by the population, even though there is everything needed —men and materials — to carry out all of these works.
Social Credit would change all of this. It would make money a simple servant, a mere bookkeeping system, but a just one, in keeping with existing conditions. Money would come into being as production is made, and money would disappear as production disappears.
Today, the production system does not distribute purchasing power to everyone. It distributes it only to those who are employed in production. And the more the production comes from the machine, the less it comes from human labour. Production even increases, whereas required employment decreases. So there is a conflict between progress, which eliminates the need for human labour, and the system, which distributes purchasing power only to the employed.