Author Archives

• Compendium: Supply-Side versus Demand-Side Economics and the Laffer Curve

  By Duty and Honor on June 19, 2021 • ( 0 )

  It has often been claimed that a lower Taxation Rate can yield economic growth. The claim perpetuates like an Internet Meme over the past few decades due to the prevalence of “Supply-Side Economics.” As a macroeconomic theory from Liberal Capitalism,… Read More ›

• Compendium: Soviet-Type Economic Planning (STEP) and the Formulas of its Accounting System

  By Duty and Honor on June 18, 2021 • ( 0 )

  Soviet-Type Economic Planning (STEP) relies on its own methodology of calculating economic growth/contraction and the overall productivity of nation-states under Marxism-Leninism. Included in this methodology is a distinct accounting system and formulas. The accounting system is known as the “Material… Read More ›

• Compendium: The “Paranoid Style” as a Jeffersonian Obstacle for Hamiltonian Federal Socialism

  By Duty and Honor on June 17, 2021 • ( 0 )

  Anyone who has made serious contemplations about the return of Hamiltonianism as “Federal Socialism” must contend with the “Paranoid Style” identified by the American historian Richard Hofstadter. Written in the wake of conspiracy theories surrounding the rise of Barry Goldwater… Read More ›

• Compendium: GDP Deflator Formula

  By Duty and Honor on June 16, 2021 • ( 0 )

  In earlier entries, we discussed how the Liberal Capitalists rely on Gross Domestic Product (GDP) to gauge the valuations of all economic and financial activities within a nation-state. Included in the discussion were the three equations used to calculate the… Read More ›

• Compendium: Work-Standard Formula for Quality of Arbeit

  By Duty and Honor on June 14, 2021 • ( 1 )

  Arbeit is discernible from the outputs of economic and financial activities through the actual production of goods and services. The Value is affected by the balance of Work-Productivity (WP) and Work-Intensity (WI) for 1 Vocation and listed in the national… Read More ›

• Compendium: Basic Retail Price Equations and the CPI Formula

  By Duty and Honor on June 14, 2021 • ( 0 )

  For the sake of brevity, I will be using a currency placeholder for all of the equations that relevant to the SMP Compendium instead of any particular real-world currency. This placeholder is identified as a three-letter abbreviation according to the… Read More ›

• Compendium: Democracy and the Council State (Pt. III of III)

  By Duty and Honor on June 13, 2021 • ( 0 )

  There are a number of potential disadvantages that may arise while conducting any serious implementation of Councilor governance. Council Democracy, despite overcoming much of the shortcomings with Parliamentary Democracy, still has its own set of disadvantages to offset. These disadvantages… Read More ›

• Compendium: Why the “Splinternet” is an Alternative to the World Wide Web (WWW)

  By Duty and Honor on June 11, 2021 • ( 1 )

  The rise of the Internet in the 1990s posed serious questions besides the sovereignty of the nation-state in the 21st century. It has introduced the role of Information as a fifth vector in the dynamics of Liberal Capitalist-style Free Trade,… Read More ›

• Compendium: Kapital

  By Duty and Honor on June 11, 2021 • ( 0 )

  The term “Kapital” is used in the SMP Compendium to denote all forms of Currency that originate from the economic and financial activities of Liberal Capitalism. The distinct properties and characteristics that go into the creation of Kapital are tied… Read More ›

• Compendium: Democracy and the Council State (Pt. II of III)

  By Duty and Honor on June 11, 2021 • ( 0 )

  It is a common misconception by Liberal Capitalists to accuse Council Democracy of promoting “Democratic Backsliding” or “Illiberal Democracy.” Claiming to wield a virtual monopoly on Democracy as a political concept in the economic sense, they perceive any deviation from… Read More ›