A few Entries in Section Seven of The Work-Standard (3rd Ed.) retained a notable topic originally introduced in the First Edition and kept in the Second Edition. I am of course referring to the concept of “Financial Warfare,” the idea… Read More ›
Financial Warfare
“Introduction to Work-Standard Accounting Practices”
After spending what has now been a full year not devoting any new posts to the equations and accounting practices of the Work-Standard, I am convinced that a proper revisiting of its formulas and equations is in proper order. With… Read More ›
Applications of Reciprocal Theory of Value and Work Theory of Money (Pt. II of II)
The Socialist Student Economy (SSE) The Vocational Civil Service (VCS) Planned/Command Economy The Reciprocal-Reserve Banking System The Council State The National Intranet Each of the five are creating wealth from five specific sources: 1. Transactional sales of Equipmentalities, finished goods… Read More ›
Applications of Reciprocal Theory of Value and Work Theory of Money (Pt. I of II)
The Reciprocal Theory of Value (RTV) and the Work Theory of Money (WTM) are the theoretical foundations from which the Work-Standard was built upon. I devised RTV and WTM because I was left unconvinced and unsatisfied by the various Theories… Read More ›
On The Work-Standard’s “Modes of Production”
To begin, I am sharing two relevant posts that I had made last year. The posts in question are the “Six Alls of Total Mobilization of Production for Profit” and “Quality of Arbeit vs. Quantity of Kapital.” Some of my… Read More ›
Basic Primer on Personal Finance
Consider the following posts to be a discussion of personal finance under Neoliberalism. Here, I will be working with Kapital and Schuld instead of the usual Arbeit and Geld that I have grown more accustomed to over the years. Any… Read More ›
A Work-Standard Discussion of MMT
The legitimacy of MMT (Modern Monetary Theory) to the uninformed observer rests on the Post-Bretton Woods Debt Standard, brought into existence after the Death of Bretton Woods. In fact, the Post-Bretton Woods Debt Standard is made possible due to most… Read More ›
Stablecoins and Crypto Winters
Back on Friday, I discussed about the Russian government’s half-hearted attempt at “reviving” the Gold Standard. I still stand by my conclusions from that post because I am convinced that Russia’s central bank half-opened a gold window, paying around ₽5,000… Read More ›
Lessons from the 600-Ship Navy — Station HYPO
The 1980s proved that great-power competition requires clear naval strategy and advocacy. By Lieutenant Joseph Sims, U.S. Navy The U.S. Navy of the 1980s provides a reminder what serious peer competition in the naval sphere looks like and the resources… Read More ›
Why raising interest rates to reduce inflation may work out very badly — Our Finite World
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may change remarkably. For example, what many people thought was money, or a promised pension plan,… Read More ›
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