Over the past two or three days, I had been gathering research on taxation policies and determining whether they can be implemented under the Work-Standard. I still stand by my original stances that conventional taxation policies will be null and… Read More ›
Month: July 2021
A Work-Standard Critique of the “Fractional-Reserve vs. Full-Reserve Banking Dialectic”
Various proposals were offered in the 1930s to counteract the negative effects of the Great Depression. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning, the decade was a period of economic… Read More ›
Compendium: Solidarity as the Work-Standard Alternative to “Liquidity”
The term ‘Liquidity’ in Liberal Capitalism refers to the rate at which anything can be bought or sold at a given frequency without any changes to its Price. It usually applies for most assets and securities and their subsequent conversion… Read More ›
Update (29 July 2021)
Yesterday, I had been revisiting and reviewing the earlier entries in the SMP Compendium from over the past two months. I needed to read some of them again in order to brainstorm how I was going to formulate equations for… Read More ›
All Economic Life stems from a Political and Social Life
To begin, I thought I should confess by stating my field of expertise is not Economics but Political Science, specifically International Relations. My interest in Economics revolves around a recurring problem that I constantly encounter within my own discipline whenever… Read More ›
On the Topic of Post-Keynesianism
“Post-Keynesianism” has an intriguing pedigree, even by Keynesian standards. Based on what I had researched about that heterodox economic school of thought, Post-Keynesianism strives to transcend the ideological dogmatism inherent within Liberal Capitalism. It is critical of the mainstream variants… Read More ›
Update (26 July 2021)
Most of the basic fundamentals regarding the specifications of the Work-Standard have already been discussed. There is now enough information regarding how it functions in theory and practice. All that remains at this point is to continue outlining the mathematics… Read More ›
Compendium: World Reserve Currencies
Even though the Bretton Woods System is dead, the US Dollar still continues to be the “World Reserve Currency.” Everyone knows the Value of the US Dollar within Exchange Rates and everyone outside the Western world clamors for it during… Read More ›
Compendium: Why Vocations need Geld to contribute Arbeit
As bizarre as this may seem at first, Vocations do require specific amounts of Geld from the State in order to contribute Arbeit to the Life-Energy Reserve. Geld is not just needed for paying the workforce of the Vocational Civil… Read More ›
Update (22 July 2021)
I have at least two upcoming SMP Compendium entries that needs to be finished. As of late, it remains to be seen whether I should continue working on them or consider writing other entries. The entries in question are related… Read More ›
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