Solomon Islands Social Credit Party
Encyclopedia
The Solomon Islands Social Credit Party ("Socreds") is a political party in the Solomon Islands
that espouses social credit
theories of monetary reform
.
It is led by former Prime Minister
Manasseh Sogavare
, previously leader of the People's Progressive Party
http://news.bbc.co.uk/2/hi/asia-pacific/4873268.stm and the former Member of Parliament
for East Choiseul. The party was launched in July 2005.
It is a member of a four-party coalition, the Solomon Islands Alliance for Change
, which includes the National Party, Solomon Islands Liberal Party
, and the Solomon Islands Party for Rural Advancement, and groups of independents from Honiara, Malaita and Guadalcanal.http://www.pacificislands.cc/pina/pinadefault2.php?urlpinaid=21412
The Solomon Islands Social Credit Party traces its origins to the New Zealand Social Credit Party
(now the New Zealand Democratic Party
) and one of its leaders, Bruce Beetham
, who hosted a Solomon Islands student in his home. That student, Solomon Mamaloni
, later became prime minister of the Solomon Islands.http://www.michaelfield.org/solomons16.htm
The party, running candidates for the first time, contested 29 constituencies in the April 5, 2006, national election
. The party won 4.3 % of the vote and 2 seats.
The party opposes foreign control of the economy, and advocates a full monetary and financial reform in line with the social credit thinking. http://abc.net.au/ra/pacbeat/stories/s1413084.htm It believes that the islands' poverty can only be addressed through social credit monetary reform.
Solomon Islands
Solomon Islands is a sovereign state in Oceania, east of Papua New Guinea, consisting of nearly one thousand islands. It covers a land mass of . The capital, Honiara, is located on the island of Guadalcanal...
that espouses social credit
Social Credit
Social Credit is an economic philosophy developed by C. H. Douglas , a British engineer, who wrote a book by that name in 1924. Social Credit is described by Douglas as "the policy of a philosophy"; he called his philosophy "practical Christianity"...
theories of monetary reform
Monetary reform
Monetary reform describes any movement or theory that proposes a different system of supplying money and financing the economy from the current system.Monetary reformers may advocate any of the following, among other proposals:...
.
It is led by former Prime Minister
Prime Minister of the Solomon Islands
The Prime Minister of Solomon Islands is Solomon Islands' head of government, consequent on being the leader of the party or coalition with majority support in the National Parliament. Solomon Islands is a Commonwealth realm. Since August 2010, the Prime Minister has been Danny Philip of the Reform...
Manasseh Sogavare
Manasseh Sogavare
Manasseh Damukana Sogavare was the sixth Prime Minister of the Solomon Islands from 2000 to 2001 and again from 2006 to 2007. He has served in the National Parliament as Member for East Choiseul since 1997, and he is currently the Leader of the Opposition.-Biography:Sogavare was Permanent...
, previously leader of the People's Progressive Party
People's Progressive Party (Solomon Islands)
The People's Progressive Party is a political party in the Solomon Islands. It was the dominant party in the country under diverse names in the seventies, eighties and nineties under its then leader Solomon Mamaloni. Mamaloni served as prime minister from 1981 to 1984, 1989 to 1993 and 1994 to...
http://news.bbc.co.uk/2/hi/asia-pacific/4873268.stm and the former Member of Parliament
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...
for East Choiseul. The party was launched in July 2005.
It is a member of a four-party coalition, the Solomon Islands Alliance for Change
Solomon Islands Alliance for Change
The Solomon Islands Alliance for Change is a political alliance in the Solomon Islands, led by the Solomon Islands Liberal Party which was headed by Bartholomew Ulufa'alu until his death in May 2007....
, which includes the National Party, Solomon Islands Liberal Party
Solomon Islands Liberal Party
The Solomon Islands Liberal Party is a political party in the Solomon Islands, which was led by Bartholomew Ulufa'alu from its founding in 1988 until Ulufa’alu’s death in May 2007. Prior to the 1997 elections it formed the Solomon Islands Alliance for Change along with several other parties...
, and the Solomon Islands Party for Rural Advancement, and groups of independents from Honiara, Malaita and Guadalcanal.http://www.pacificislands.cc/pina/pinadefault2.php?urlpinaid=21412
The Solomon Islands Social Credit Party traces its origins to the New Zealand Social Credit Party
Social Credit Party (New Zealand)
The New Zealand Social Credit Party 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 New Zealand Parliament, although never more than two at a time...
(now the New Zealand Democratic Party
New Zealand Democratic Party
The New Zealand Democratic Party for Social Credit is a small leftist political party in New Zealand. It is based around the ideas of Social Credit, an economic theory which also attracted some degree of support in Canada and Australia...
) and one of its leaders, Bruce Beetham
Bruce Beetham
Bruce Craig Beetham was an academic and politician from New Zealand, whose career spanned the 1970s and early 1980s.A lecturer at Hamilton's University of Waikato and at the Hamilton Teacher's Training College, he was elected leader of the Social Credit Party in 1972, at a time when the party was...
, who hosted a Solomon Islands student in his home. That student, Solomon Mamaloni
Solomon Mamaloni
Solomon Mamaloni was the second Prime Minister of the Solomon Islands three times:* August 31, 1981 - November 19, 1984* March 28, 1989 - June 18, 1993* November 7, 1994 - August 27, 1997...
, later became prime minister of the Solomon Islands.http://www.michaelfield.org/solomons16.htm
The party, running candidates for the first time, contested 29 constituencies in the April 5, 2006, national election
Elections in the Solomon Islands
Elections in Solomon Islands gives information on election and election results in Solomon Islands.Solomon Islands elects on national level a legislature...
. The party won 4.3 % of the vote and 2 seats.
The party opposes foreign control of the economy, and advocates a full monetary and financial reform in line with the social credit thinking. http://abc.net.au/ra/pacbeat/stories/s1413084.htm It believes that the islands' poverty can only be addressed through social credit monetary reform.