At the moment, I am currently reviewing the pile of completed SMP Compendium entries that I had completed earlier this week. There are four more left and three of them cover “Political Governance under the Work-Standard.” The last one is the first of several entries pertaining to the Work-Standard in wartime conditions. Overall, I am thinking of working on completing the entries related to international trade and technology and how they relate to the Work-Standard within various economic and financial contexts.
My reasoning for this decision is tied to the fact that there needs to be a realistic discussion on how the Work-Standard functions beyond the borders of the nation-state adopting it. In essence, how does the Work-Standard operate in other nations? What are the possibilities of another nation-state adopting the Work-Standard? Would Liberal Capitalist nation-states become Socialistic by adopting it? That latter question can be seen as the Socialist parody of all those monetary policies by governments in the 1980s and 1990s that contributed to the proliferation of Liberal Capitalism around the world. Most people identify this particular trend as “Neoliberalism.”
If there is anything one can learn from “Neoliberalism,” it is that monetary policy after Bretton Woods has the potential to restructure whole national economies. The secret is more technological than financial, more artistic than scientific. The implications for Liberal Capitalist nation-states are just as important as the remaining Socialist nation-states on the planet. What happens to existing Socialist nation-states if they do decide to adopt the Work-Standard? Will we see market reforms reversed in some form or another?
All shall be explained in due time.
Categories: Blog Post