It’s official: I am now preparing to write the next major Treatise of The Fourth Estate. This is one given the apt title of Work-Standard Accounting Practices (1st Ed.), whose Entries have yet to be written. As of late, I have only finished the Preface to the First Edition. So far, my plans for the webpage associated with that Treatise involves writing four Sections:
- Section One covers Liberal Capitalist accounting methods and how it underwent a major redevelopment between the Great Depression and Death of Bretton Woods.
- Section Two devoted to Marxist-Leninist-Maoist accounting methods and its history. We will be delving a little bit into Marxist Theory and their development in the Soviet Union under Josef Stalin as well as discussing about Maoist accounting methods and their gradual replacement since Deng Xiaoping.
- Section Three delves into other known accounting methods not adopted for use in mainstream neoclassical economics. The most notable one familiar to some of my readers is the Triple-Entry Account Bookkeeping System employed in most conventional cryptocurrencies via Blockchain Technology. Anything else from other ideologies will also be discussed here.
- Section Four focuses on the Work-Standard’s own accounting methods, complete with slightly tweaked equations and formulas from The Work-Standard (2nd Ed.) and concepts from The Third Place (1st Ed.).
If I stated earlier that The Third Place (1st Ed.) was significantly shorter than The Work-Standard (2nd Ed.), then I am expecting this new Treatise to be even shorter than The Third Place. I wonder if Bogumil from ARPLAN knows anything about any obscure accounting practices proposed by anyone in the German-speaking world around the 1920s and 1930s. Apparently, the accounting Profession emerged naturally within the German-speaking world in opposition to Liberal Capitalism.
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