The contemporary US Taxation System in the early 21st century is in many respects a byproduct of the haphazard implementation of Total Mobilization after Alexander Hamilton’s death and the dissolution of the Federalist Party. Much of it was introduced under wartime conditions. While… Read More ›
Compendium
Everything related to the articulation of the Work-Standard
SMP Compendium: Taxation and the Work-Standard (Pt. III of III)
The past two parts of this SMP Compendium should be obvious by now. Taxation under the Work-Standard is going to operate according to a different set of parameters than how they are normally conducted under Liberal Capitalism. The purpose of… Read More ›
SMP Compendium: Fractional-Reserve and Full-Reserve Banking
The Great Depression resulted in various proposals to address the failures of the Fractional-Reserve Banking System in the 1930s. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning (STEP), the decade was… 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 ›
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: 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: A Legal Code of Duties and Rights
Everything up until this Entry can be summarized as the following. A new workday begins with people voluntarily arriving to their workspace. Everyone proceeds to interact with their Vocations, pouring their Life-Energy into the Vocation to create Arbeit. Arbeit flows… Read More ›
SMP Compendium: Council Democracy in Action
The mundane application of Council Democracy in the workspace is conducted by personnel of State and Social Enterprises within the VCS Economy. The Work-Standard is capable of facilitating three main types of economic governance styles whose applications are dependent on… Read More ›
SMP Compendium: Types of Media
The flow of information in Council Democracy is fostered by the Totality and the State, channeling it through three different types of Media. The term ‘Mass Media’ in this context refers to the conveying of information through various mediums such… Read More ›
SMP Compendium: On Direct Orders
The following Entry covers the concept of issuances of commands as Direct Orders under Liberal Capitalism and Socialism, including how their opposing economic lives impact the political and social lives of any nation. The topic to be addressed are the… Read More ›
The Fourth Estate 
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