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 Democratic Party, and was for a time part of the Alliance. The party was based on the ideas of Social Credit, an economic theory established (1924) by C. H. Douglas (1879-52), a British engineer. The Canadian Social Credit party was for a time quite successful between 1935-80. In Britain Social Credit was one of the platforms of the curious Kibbo Kift movement.
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