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Contents
THE A PLUS B THEOREM | 15 |
MORE LIGHT ON THE THEOREM | 27 |
MAJOR DOUGLAS DEFENCE OF THE THEOREM | 40 |
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acquire Alberta Albertan Government amount argument assumption baker bank loan banking system believe borrower buildings and plant C. H. Douglas cancellation capital assets cash cheque claim concerned consumers cost of capital create credit money criticism cycle debt deficiency of purchasing-power Demy 8vo deposit depositors depreciation distributed duction economic economic system equal existence fact factor final products final stage flow of prices G. D. H. Cole income increase incurred individuals industrial costs industrial system intermediate products investment investors issue J. A. Hobson lend liability machinery Major Douglas means medium of exchange meet ment merely National Dividends necessary Northridge organisations paid payments period position prices of consumption private ownership Professor Copland profit proposals purchase rate of flow raw materials re-issued repay repayment self-liquidating semi-manufactures Social Credit stages of production statement sumers theorem theory ticket tion transaction volume wages whole