The Spenglerian association of Prussia with Socialism, as paradoxical as it may seem to most people, does have an historical basis. The history surrounding this association is unfortunately too obscure, even though a Prussian origin can be discerned in the… Read More ›
Compendium
Everything related to the articulation of the Work-Standard
Compendium: Primer on Taxation, Welfare, Insurance, and Vocations
The economic model advocated by the Work-Standard is one characterized as a “Vocational Civil Service Economy.” Economic activities registered as Arbeit (Work) under the Planned or Command Economy of the Socialist nation-state must always come from citizens employed in “Vocations.”… Read More ›
Compendium: Exchange Rates and the Impossible Trinity
Every Currency has an Exchange Rate that determines its Value when compared against the Value of another Currency. This is best demonstrated by the Price of conversions between one Currency to another. If one wishes to know how much their… Read More ›
Oswald Spengler’s Prussianism and Socialism (Part II of IV)
Prussia, as a political entity in the world, was dissolved by the Allied Powers in the opening stages of the Cold War. Its territorial claims by West Germany ceased in what can only be described as the Faustian bargain. Prussia… Read More ›
Compendium: Currency Depreciation/Appreciation (Pt. II of II)
The following is related to the Work-Standard’s conception of Currency Depreciation/Appreciation under Socialist Monetary Policy (SMP). This entry assumes that the reader has in fact understood the conventional Liberal Capitalist version of Currency/Appreciation relative to Inflation/Deflation. Everything here will hereby… Read More ›
Compendium: Currency Depreciation/Appreciation (Pt. I of II)
All Currencies will gain or lose Value over a period of Zeit (Time). Any increase in the Value is called “Appreciation” whereas any decrease in the Value is “Depreciation.” How the Value changes is dependent on the Currency being Liberal… Read More ›
Compendium: A Reading of Ernst Jünger’s Total Mobilization
It is understandable for the term ‘Total Mobilization’ to convey imagery of military preparations for an impending war. It is also inevitable for the term itself to conjure the notion of sustaining a war effort against a common enemy. This… Read More ›
Compendium: Economic Governance Types and Economic Planning Models
This blog post marks the beginning of a series of “entries” as part of the Compendium on Socialist Monetary Policy. The intent, as stated earlier in the Compendium, is the formulation of the Work-Standard. The first series of entries will… Read More ›
Bretton Woods, the Gold Standard, and the Rise of the Debt Standard
To begin, I should address the significance of terms such as “Kapital,” “Schuld,” “Incentives of Supply and Demand,” and other associated terms. These terms are used specifically in my critiques of Liberal Capitalist economics and finance to document the distinct… Read More ›
Prelude to Capitalism and Socialism: The Renaissance, Printing Press, and Double-Entry Bookkeeping
The Renaissance in Western history began in the wake of the Black Death which ravaged Europe in the mid-14th Century (1346–1353). The Black Death sparked the decline of Feudalism, which was originally the Economic system of choice in the West… Read More ›