The growing interest in the possibility of a feminist economics has an
tecedents originating in a blend of socialism with a strain of institu
tionalism as developed by the American, Thorstein Veblen. The social c
redit movement, popular throughout the English-speaking world in the i
nter-war years, arose out of the alternative economics of Clifford Hug
h Doulgas and Alfred Richard Orage. Published between 1919 and 1924, t
he texts outlined theories and politics that could result in economic
democracy based upon a universal right to an unearned income from a Na
tional Dividend arising from the common cultural inheritance. Women we
re particularly drawn to study and promote the ''new economics,'' whic
h offered economic justice to all regardless of ''biographical colouri
ng.'' In this paper, we introduce the background history of the social
credit movement and the basic tenents of the Douglas/New Age texts. (
C) 1997 Elsevier Science Ltd.