The Vocational Civil Service (VCS) Economy does not rely on the conventional taxation and budgeting policies found in Liberal Capitalism. The Council State receives the Revenue for its Budget from its own activities and from the Totality. The Arbeit and… Read More ›
Month: July 2023
SMP Compendium: How the Central Bank sets the Exchange Rates under the Work-Standard
In a currency system like the Work-Standard, it becomes inevitable to envisage Sociable Currencies pegged to it as relying on “Fixed Exchange Rates.” After the Death of Bretton Woods, Neoliberalism abandoned Fixed Exchanged Rates in favor of “Floating Exchange Rates.”… Read More ›
Update (26 July 2023)
Only one Entry has yet to be finished for the Third Edition of The Work-Standard. This Entry in question is the “Greater American Amendment,” one of several Entries that needed a rewrite since the completion of the Second Edition. My… Read More ›
SMP Compendium: Wartime Preparations and the Work-Standard (Pt. III of III)
Why Religious Vocations are Exempted from Military and Work-Conscription There is one segment of the population who will always be exempted from military conscription and work-conscription. A special exemption will always exist for anyone who decides to pursue the priesthood… Read More ›
SMP Compendium: Wartime Preparations and the Work-Standard (Pt. II of III)
Wars are expensive, and the Totality should be made aware of this. Council Democracy, unlike Parliamentary Democracy, grants the Totality the chance to provide a unanimous or at least a majority consensus on whether they will support the State in… Read More ›
SMP Compendium: Wartime Preparations and the Work-Standard (Pt. I of III)
The State of Total Mobilization has made it possible for nations to sustain large-scale war efforts in ways that would have been unthinkable prior to the Industrial Revolution. Here, Production for Profit exists in unison with Production for Utility to… Read More ›
SMP Compendium: Financial Instruments of the Kontore
The National-Socialized Financial Instruments (NSFIs) of the Kontore function differently from the Liberal Capitalist Financial Instruments (LCFIs) that are found at the Financial Markets. They operate according to the interplay between Arbeit and Geld and the Intents of Command and… Read More ›
SMP Compendium: Mission-Type Economic Planning
National-Socialized Financial Instruments (NSFIs) are designed to not only allow the Kontore to become proper alternatives to Financial Markets, they also overcome the well-known shortcomings of most conventional types of economic planning. Their goal is to realize the conceptualization of… Read More ›
SMP Compendium: Financial Markets and the Kontore
Financial Markets are one of several defining traits of life under Liberal Capitalism. They are financial institutions designed specifically to facilitate transactions pertaining to the purchase and sale of Kapital. This form of Kapital refers to the assets of Securities… Read More ›
SMP Compendium: Reciprocal-Reserve Banking
Conventional banking practices will be revolutionized by the Reciprocal-Reserve Banking System. Its methodology differs from those found in Liberal Capitalism and most historical and existing Socialisms. No other Socialism has been able to realize this for reasons that pertain to… Read More ›
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