New Zealand Democratic Party For Social Credit - Policies

Policies

The Democratic Party describes its foremost goal as being the recovery of "economic sovereignty". This will be accomplished, the party says, by "the reform of the present monetary system, which is the major cause of war, poverty, inflation and many other social problems." The reforms promoted by the Democratic Party are based on the ideas of Social Credit. The party emphasises "economic democracy", claiming that New Zealand's economy must be reclaimed from the control of financiers, bankers, and money-lenders.

The Democratic Party also supports taxation reform, including the removal of the Goods and Services Tax (GST), and the imposition of a tax on financial transactions (a Tobin tax). They also support the introduction of a Universal Basic Income (see external link below).

The Democratic Party states that "what is physically possible and desirable for the happiness of humanity can always be financially possible."

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