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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
In The Work-Standard (2nd Ed.), the concept of the SSE (Socialist Student Economy) provides clearer definitions on how the Student–the “Self”–defines their own future. The Entry entitled “The State’s Educational Policies and Ranking System” identified four specific areas where they… Read More ›
The Work-Standard’s methodology of Currency Devaluation/Revaluation follows its own set of procedures. Familiarity with this consideration is paramount in a world where most nation-states rely on Floating Exchange Rates since the Death of Bretton Woods, which is in turn governed… Read More ›
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