In the Socialist nation itself, the Totality controls the twin factors in the means of production, Arbeit and Geld. Everyone is expected to live within their own means of production, regardless if there is any international trade or not. Even… Read More ›
Month: August 2021
Compendium: Applications of Autarkic and Protectionist Trade Policies
Alexander Hamilton has given Socialism its political philosophy on the conduct of international trade. “Protectionism” and “Import Substitution Industrialization” (ISI) are the means of achieving Autarky. Autarky, it should be prefaced, is not an ideal but a strategic goal in… Read More ›
Update (29 August 2021)
I now have enough information on how the Work-Standard operates in the realm of international trade. What’s more, I also figured out how the Soviet Union during the NEP years and the People’s Republic of China’s market reforms, despite their… Read More ›
The Commanding Heights of Powerball Gambits (Pt. III of V)
The goal of monetary policy is to restructure national economies. A market can exist under Planned/Command Economies just as a command can also exist under Market/Mixed Economies. The nuances are subtle and will never be made apparent to anyone without… Read More ›
The Commanding Heights of Powerball Gambits (Pt. II of V)
Take a look at these photos of Soviet and Eastern Bloc sports cars and luxury sedans. I am simply fascinated by these vehicles because there is such as thing as the “State and the Socialist concept of Property“: Under the… Read More ›
The Commanding Heights of Powerball Gambits (Pt. I of V)
“Become who you are!” ―Friedrich Nietzsche, Thus Spoke Zarathustra: A Book for All and None There is another, albeit subtle, difference between a Market Economy and a Command Economy, a Mixed Economy and a Planned Economy. The secret is in the concept of Currency:… Read More ›
Update (27 August 2021)
Everything is coming along pretty well for the SMP Compendium. I am also now beginning to entertain countless other possibilities to explore on the Blog. Overall, there are a number of Blog posts whose ideas and concepts are drawn from… Read More ›
Compendium: Total Financial Potential Formula (Pt. I of II)
With the Quality of Arbeit (QW), Total Economic Potential (TEP), Real Total Economic Potential (RTEP), Attrition/Inaction Rate and now the Quality of Geld (QM), it is now feasible to determine the Total Financial Potential (TFP) and Real Total Financial Potential… Read More ›
Compendium: Work-Standard Formula for Attrition/Inaction Rate
The Scotsman Henry Dunning Macleod once coined the term “Gresham’s Law,” which he named after the Englishman Sir Thomas Gresham the Elder, in the 19th century to describe Kapital’s relationship with Commodities. Gresham’s Law states how “Bad Kapital drives away… Read More ›
Compendium: Introduction to the Art of Technology
Another variation of the Political Organization Problem pertains to Technology affecting how various artforms are conducted and how people discuss and critique them. Life imitates art, it is often said, and the type of Total Mobilization being employed affects the… Read More ›
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