The Digital Realm presents a number of opportunities and hurdles for any serious applications of Mission-Type Economic Planning (MTEP) under the Work-Standard. Compared to the crude, inefficient Soviet-Type Economic Planning (STEP) that has since become a strawman for Liberal Capitalists opposing all forms of economic planning, MTEP is designed to give nations with Sociable Currencies the ability to carry out functions that could have other been considered possible in STEP. Here, the Central Planners and their subordinates, the Economic Planners and Accountants, do not create a timely central plan, applicable to a four or five-year basis, with predetermined targets, quotas, other quantifiable figures that must be achieved within the given timeframe. Instead, the Constitution will contain a qualifiable passage or two specifying the overarching aims of all economic life, thereby providing the Constitutional Intents that inform the Constitutional Obligations which are to be binding on the State, Totality, and Self. Central Planners function less like unseen bureaucrats and more like the magistrates of the Judiciary, except their roles pertain to the overall conduct of economic life. This is because the real crux of MTEP lies in the Economic Planner as the intermediate between the Central Planners and the Totality.   

In MTEP, Economic Planners perform vital functions related to the LER and LERE Processes. Their primary role, as established in The Work-Standard (2^nd Ed.), involves depositing financial information about the performances of various Vocations and Professions, Guilds and Enterprises, Industries and Economic Sectors at the State Banks on a given workweek. The State Banks compile that information together to create a synthetic picture for the Central Bank to discover the Total Productive Potential (TPP) value, allowing it to determine the “Requisitionary Productive Forces (RPF).” The RPF value represents how many units of Sociable Currency the Central Bank may put into circulation without creating Sovereign Schuld for the State, Totality and the Self. Exactly how much is limited to the TPP value, which represents the final sum of all contributions of Arbeit and Geld to the Life-Energy Reserve. As long as the contributions of Arbeit and Geld do not leave the country when the Council State reallocates them from its State Budget, and assuming that there are no wartime-related expenses being incurred on the nation’s finances, the TPP value will always remain constant.

Aside from that primary function, the Economic Planner is also responsible for providing an Enterprise’s NSFIs to the Kontore and maintaining its close communications with the Inspectors of the State Commissariats of Wages and Prices. Moreover, they also assist the Enterprise’s Administrators and Civil Servants with their decisions on who among them should be their Delegates and how they should be governing their Enterprises in the Council Democratic process. Economic Planners also perform advisory and organizational roles within a given Enterprise. If an Enterprise needs Investors or Civil Servants, its Administrator will turn to the Economic Planner for their assistance. If an Enterprise needs help determining the Value of its Arbeit or the Price of its Geld within the LER or LERE Processes, the Economic Planner may offer suggestions and provide proposals. If an Enterprise is interested in expanding its production processes or preparing its finances for the future, the Economic Planner is there to help.

These are all of the well-established roles that Economic Planners have under the Work-Standard, according to the previous three Treatises prior to The Digital Realm (1^st Ed.). What has been about Economic Planners in the Real World is also applicable to those working with Digital Enterprises in the National Intranet. What ultimately distinguishes Economic Planners of the latter from those of the former is their ability to harness the technologies of the Digital Realm and the LERE Process at the behest of Digital Enterprises. But other than those two considerations, most of the functions associated with Economic Planners operating in the National Intranet are identical to those of their offline contemporaries.

The LERE Process was specifically designed to facilitate contributions of Digital Arbeit and Digital Geld to the Life-Energy Reserve. Economic activities in the National Intranet create Digital Arbeit and Digital Geld that must then be converted into Actual Arbeit and Actual Geld before they can be registered in the Life-Energy Reserve by the Central Bank. To that end, the National Intranet contains a number of LERE Refineries that are ready to convert the Digital Arbeit and Digital Geld into Actual Arbeit and Actual Geld. While Economic Planners and their retinues of Accountants operate as a single team inside a Digital Enterprise, another team can be found overseeing each LERE Refinery.

Compared to other Economic Planners and their retinues, the ones found at a LERE Refinery will be working alone. Alongside them are various Computer Scientists, Programmers, and Engineers tasked with operating the LERE Refinery. These Computer Scientists, Programmers, and Engineers preside over the Blockcycle Technology responsible for transferring Digital Arbeit and Digital Geld around the National Intranet, their conversion to Actual Arbeit and Actual Geld at the LERE Refineries, and their subsequent deliverances to the Life-Energy Reserve. Everyone at the LERE Refineries is in constant contact with detachments of the Kontore and State Commissariats at the Social Forums. These detachments fulfill the same functions as their offline counterparts, from carrying out the “Transvaluation of All Arbeit” and setting the Prices for goods and services on behalf of the Enterprises to issuing NSFIs to potential Investors.     

Depending on how sophisticated the National Intranet happens to be, these Economic Planners and Accountants may also be working with the aforementioned Computer Scientists, Programmers and Engineers in other roles besides the LERE Process. One important area of interest that was alluded to in Work-Standard Accounting Practices (1^st Ed.) concerns the development of advanced computer software applications and programs intended for the conduct of MTEP and Command-Obedience Account Bookkeeping (COAB). Financial Technology (Fintech) can expedite both the LER and LERE Processes by enhancing the speed and efficiency at which the Economic Planners and Accountants are able to readily acquire financial information from their assigned Enterprises and process that information for the Life-Energy Reserve. With the National Intranet and the promising development of Artificial Intelligence, the LER and LERE Processes can be rapidly carried out in short order. Any new events affecting the VCS Economy, Reciprocal-Reserve Banking System, Council State or SSE will be made known to the Totality by the Economic Planners vis-à-vis online Social Media, Student Media, and State Media.

The increased speed at which economic life occurs on the National Intranet will undoubtedly translate into faster occurrences of events impacting the Social Rank System and the Tournaments. For the Social Ranking System, the State, Totality and Self will be able to know the Quality of Arbeit (QW) for every Enterprise and Guild, their performances relayed to them by the Kontore. They will even learn how much or how quickly the overall performance of Digital Enterprises has changed across any given timeframe. The same can also be said about the Student Enterprises, Social Enterprises, and State Enterprises. Determining the eligibility of any Enterprise’s Social Rank based on their Quality of Arbeit in the Tournaments will become more convenient for the State Commissariats, assuming those values do in fact reflect their overall economic performance, both offline and online.   

Over the course of the next three Entries, we will be exploring how COAB can be implemented on the National Intranet as part of MTEP. The goal of those Entries is to demonstrate how COAB and the “Worksheet of Sociable Accounts (WSA)” not only provide the Central Bank with financial information to set the RPF value based on the TPP value, but also how allow the State Commissariats to determine the Prices of goods and services, help the Central Planners confer the Social Ranks of various Enterprises, and facilitate the Council State’s ability to bestow medals, awards, letters of commendation, and prizes as part of the Social Ranking System.  

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Tags: Accounting, Digital Realm, Economics, Finance, National Intranet, Philosophy, Politics, Psychology, Socialist Finance, Third Place, Work-Standard, Work-Standard Accounting Practices