Typically, when Arbeit is contributed to the Life-Energy Reserve, they are instantly converted to Geld by the Central Bank. This Geld goes straight to the “State Budget” of the Council State. From there, the Council State will then be able to allocate Geld from the State Budget toward the “State Funds” of the SSE, the VCS Economy, the Reciprocal-Reserve Banking System, its own governmental organizations, the National Intranet, or toward Real Trade Agreements (RTAs). The State Fund serves as the central account owned by any organization operating in Production for Dasein. It is meant to be easily distinguished from the “Parliament Funds” employed by the “Private Sector” and “Public Sector” of Production for Profit and Production for Utility respectively.
The Work-Standard (2nd Ed.) and The Third Place (1st Ed.), despite not directly referring to the State Fund by name, nevertheless recognized its existence within their respective discussions about the Council State’s State Budget and the Central Bank’s Life-Energy Reserve. The key distinction between the two Treatises was their perspectives on what to do about Geld that economic organizations would gain from concluding transactional sales for rendering goods and services to customers. Both acknowledge that the Geld received from transactional sales should go toward a State Fund, but where they differed was what becomes of that Geld. The Work-Standard (2nd Ed.) presumed that the Geld in the State Fund falls under the discretion of the Council State, whereas The Third Place (1st Ed.) insinuated that the same Geld remains in auspices of the economic organization that generated it. Should both statements be correct?
In essence, the State Fund is the Command Responsibility of both the Council State and the organization that owns the State Fund. The Council State is responsible for ensuring that the organization owning the State Fund does not run short of Geld. Meanwhile, the organization is responsible for ensuring that all Geld will be spent wisely. Any Geld that an organization made from transactional sales belongs to its State Fund, which the Council State is expecting it to spend on payments required to sustain the production process as well as its maintenance and operational costs. Or, to put it another way, everything already discussed about the State Fund and the State Budget in The Work-Standard (2nd Ed.) and The Third Place (1st Ed.) are valid insofar as they address the same concepts from different perspectives. The purpose of this Entry is to combine those perspectives from the purview of an accountant, working under an Economic Planner that needs them to record and monitor all interactions between the State Budget and the State Fund.
For a Socialist Nation applying the Work-Standard, there are a multiplicity of countless different economic and non-economic organizations contributing some form of Arbeit and Geld to the Life-Energy Reserve. Every facet of life, not just economic life, in the State of Total Mobilization has revolved around the ever-growing conversion of Life-Energy into Arbeit since the 20th century. The Council State knows that the Totality and the Self are going to need Geld from its State Budget. The question then becomes a matter of ascertaining a triage system in which the Council State is able to quickly and efficiently prioritize the ones that will need more Geld than what they already have in its State Fund.
Based on what has been discussed about the five different types of Enterprises, most SAEs (State-Administrated Enterprises), SOEs (State-Owned Enterprises), NSEs (National-Socialized Enterprises), POEs (Public-Owned Enterprises) and PDEs (Public-Directed Enterprises) would be categorized in this triage system as the following four:
- State Enterprises (VCS Economy and RRBS)
- Social Enterprises (VCS Economy and National Intranet)
- Student Enterprises (SSE)
- Foreign Enterprises (RTAs)
Which of those four are the most likely to use the Council Democratic process to request additional funding from the State Council throughout a given Fiscal Year (FY)? Which ones are going to get ample Geld from successful transactional sales, enabling them to be self-sustaining and ipso factor self-sufficient, reducing their need to request any extra funding from the State Council? Could some overlap exist across those four aforementioned categories? Why or why not?
There is no such thing as a “Public Sector” or a “Private Sector” in Production for Dasein for the exact same Intents why there will never be any “Free Lunches” from a “Free Trade Agreement (FTA).” Instead of “Public & Private Sectors,” there are only “National & Foreign Sectors.” It is one thing to ‘Nationalize’ or ‘Privatize’ something within the contexts of Common and Private Properties-as-Wealth, it is another matter to create the legal jurisprudence that would enable all notions of “National-Socialization” entertainable to the Council State under the Work-Standard, Council Democracy and Federalism. The term “National-Socialization” is a unique condition exclusive to Production for Dasein. It represents economic and non-economic interactions between the State, Totality, and the Self, the Arbeit and Geld of their activities pertaining to national strategic goals with the potential of benefiting the entire nation.
Rather than just focusing on either a given organization’s contributions to the Life-Energy Reserve, its transactional sales, its State Investments and NSFIs, or its overall size and composition, the Social Rank becomes the indicator to take into consideration. This National-Socialization Principle becomes relevant when ascertaining the different Values of various organizations within the “Tournament.” Consider the following examples:
- An Enterprise is contributing more Arbeit from its own production processes.
- An Enterprise is receiving more Geld from its own transactional sales.
- An Enterprise is benefiting more from State Investments like Taxes and Stipends.
- An Enterprise is issuing more NSFIs (National-Socialized Financial Instruments) in the Kontore.
- An Enterprise is borrowing more Work-Tenures from NSBs (National-Socialized Banks).
The five statements above represent the prioritization of the aforementioned triage system that I stated earlier. Enterprises with additional sources of Arbeit and Geld in their production processes and transactional sales are going to be the first ones to request additional funding than others. The ones with fewer sources of Arbeit and Geld may rely on State Investments, most NSFIs, and Work-Tenures due to being given lower priority by the Council State.
On the Worksheet of Sociable Accounts (WSAs), this can be discerned from the ratio between an Enterprise’s Expenses and Spending. Expenditures related to the LER and LERE Processes are given higher priority over other Expenditures not related to the LER and LERE Processes. In essence, the Council State’s allocation of Geld to the State Fund is meant for funding all Expenses related to production processes of a Domain within the Work-World. Any funding meant for Spending is going to have to come from transactional sales, State Investments, NSFIs, and Work-Tenures.
Accompanying the process of allocations of Geld from the State Budget to the State Funds are accounting techniques exclusive to the Work-Standard in Production for Dasein. These techniques will be discussed in the next Entry, which will then be rediscussed about the Financial Reporting practices of the Work-Standard.
Categories: Work-Standard Accounting Practices
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