Michael,
Can you explain why you regard Orage as a co-founder? I thought Orage said it took him 6-12 months to understand what Douglas was saying.
Douglas never referred to Guild Socialism favourably. Here are two quotes that I know of:
“Fascism is really a mixture of the old so-called capitalism with what was called Guild Socialism, and there is no doubt at all that it has restricted both the freedom of the manufacturer and the freedom of the worker.” The Monopolistic Idea
“Alien influence was already working to mould and capture Labour monopoly and it recognised in the National Guilds propaganda exactly what it required (A.R. Orage saw the danger when he dissociated himself from Guild Socialism)” The Development of World Dominion
Wouldn’t the idea that everyone should belong to a guild have been an anthema to Douglas?
If the guild socialists were "ripe for conversion" to Social Credit why didn’t they all convert along with Orage?
The Hutchinson thesis should be exposed for what it is – an attempt to associate Douglas with Marx. Consider the following statement by Hutchinson and Burkitt at the 4th Annual Conference of the Association of Heterodox Economics 9-10 July 2002, Dublin:
“We contend that the foundations of a viable socialist economics are already available in the works of Marx, Veblen and Douglas.”
And from DRAFT- EAEPE 2002 Conference Complexity and the Economy: Implications for Economic Policy 7th -10th November, Aix-en-Provence, France
“Douglas was in full accord with Marx in seeking the end of wage slavery.”


From: [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED]
To: Social Credit <[EMAIL PROTECTED]>
Subject: [SOCIAL CREDIT] michaellane
Date: Tue, 4 Mar 2003 16:08:42 EST

Dear Friends,

Vince Ferrer asked about the relationship between social credit and guild
socialism. Briefly, our movement's cofounder A. R. Orage was a guild
socialist before his life-changing meeting with Douglas in late 1917 or early
1918. (He had broken his journal away from the Fabians by 1909.) He
collaborated with S. G. Hobson on the book National Guilds. Taking
inspiration from Ruskin's classic polemic "On the Nature of Gothic," the
guild socialists wanted to turn the trades unions into vertically integrated
guilds self-owned but chartered by the state, where master and man would find
common ground and take pride in the work and to extend such guilds
horizontally to include every occupation, such that there would be no one not
in a guild. They would then use the leverage of these organizations to
demand the full proceeds of production, dismantle the wage system (in which
workers are constrained to sell their labor as a commodity), and substitute
payment on a service basis that continues through sickness and idle times and
also maintains reserves (unemployed) in every occupation. In proposing to
break the artificial bond between personal income and employment and in its
general Ruskinian philosophy, guild socialist were ripe for conversion to
social credit.


Michael Lane
Triumph of the Past



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