Social Credit Party policies are based on the fundamental beliefs of the party (its tenets) which are enshrined in its constitution.
Our fundamental beliefs are:
• The economic, political and social system should be established and built on the foundations of loving care, truth, justice and honest endeavour.
• What is physically possible and desirable for the happiness of humanity can always be financially possible.
• Systems should be made for people, not people for systems; any that fail to serve people should be reformed or discarded.
• The individual is more important than the state. Communism, fascism, and political authoritarianism in any form should be opposed.
• Individual and co-operative enterprise should be the basis of economic organisation. Where state-owned enterprises are necessary or desirable, they should conform to the same conditions and rules as privately owned concerns.
• The proper purpose of industry is the production of goods and not the provision of employment. The proper purpose of production is consumption. The opportunity for self-development and the enjoyment of leisure is the true purpose of labour-saving inventions.
• The only way our principles can be implemented is by the reform of the present monetary system, which is the major cause of war, poverty, inflation and many other social problems.
Our objects are:
• To adapt the financial system in New Zealand so that the fulfilment of the reasonable wants of individuals, singly or in association, shall not be limited except by lack of natural resources or the unwillingness of anyone in the community to provide for those wants.
• To vest in the people of New Zealand as a whole, the ownership of credit and currency.
• To ensure that the Reserve Bank, which shall control the financial system on behalf of the people, shall be accountable to them.
• To secure the beneficial use of credit and currency to each citizen.
• To move progressively from a debt to a credit-based economy, with credits for production being cancelled upon the purchase of goods for consumption.
• To recover effective control of New Zealand's economic affairs and establish greater political independence.
• To ensure a property owning democracy, in which the ownership of assets is spread as widely as possible amongst individuals.
• To establish a social credit economy where people will be able to use the country's resources without mortgaging their own and their children's future.
• To protect and enhance our world's life support systems – air, water and soil – and preserve the richness and beauty of natural, biological ecosystems.
• Within the limits of resources available, to encourage the introduction of all forms of labour-saving technology, thereby increasing output, the standard of living and the quality of life.
• To ensure that, in an age of increasing automation, with machines taking over the work of more and more people, incomes will nevertheless be maintained so that we all may share the benefits.