Multiple entries have been written to arrive at this particular one. It was established that every profession should be a “Vocation” in order to allow for the “Life-Energization Reciprocity” (LER) process. By committing their physical, mental and spiritual energy into… Read More ›
Alexander Hamilton
Compendium: Theories of Value (Pt. II of II)
It was established that the Theory of Value employed by the Work-Standard operates on its own paradigm. Practical applications of the Work-Standard do not rely on either the Labor Theory of Value (LTV), the Subjective and Utility Theories of Value… Read More ›
Compendium: Theories of Value (Pt. I of II)
Is the Value of a good or service determined by the value-judgments and attitudes of the beholder? Or is the Value not informed by anyone in particular and can be measured objectively? Assuming if the Value can be judged intrinsically,… Read More ›
Compendium: How The Economy Creates Arbeit
Economies, given the current state of technology, are capable of having a total of five Economic Sectors. Those are the “Natural,” “Industrial,” “Services,” “Information,” and “Administrative” Sectors. All four are compatible with the Work-Standard and where they differ is their… Read More ›
Compendium: Democracy and the Council State (Pt. I of III)
Economic participation and political participation are closely intertwined with each other. It has been established in earlier entries of the SMP Compendium that the State should be proactive in the nation-state’s economic and financial sectors. The goal has always been… Read More ›
Compendium: Japan’s Lost Decades and the Rise of Zombie Firms and Zombie Banks
The “Lost Decade” refers to an economic and financial crisis that affected Japan, the effects of which continue to linger since the 1990s. The Japanese economy was devastated by the bursting of the asset-price bubble that came as the consequence… Read More ›
Compendium: A Critique of Labour Vouchers and Time-Based Currencies
The Work-Standard was never designed to be operating according to the paradigms of Labour Vouchers and Time-Based Currencies. Both pseudo-currencies were developed as products of Utopian Socialist endeavors by people like Robert Owen and Josiah Warren at the height of… Read More ›
Compendium: Impact of Work-Standard on Trade Policies
Unlike regular national economics, the field of international economics covers a broader political dimension that spans the entire planet. It is normal for nation-states to engage in international trade with others for whatever they need for their own economies. The… Read More ›
Compendium: Role of NSFIs within Work-Standard Economic Planning
National-Socialized Financial Instruments (NSFIs) are devised to not only to allow for a proper Socialist alternative to Financial Markets, but also overcome the well-known shortcomings of conventional types of economic planning. Their goal is to realize the conceptualization of an… Read More ›
Compendium: Hamiltonianism and the Form and Actuality of “Federal Socialism”
In my Readings of Prussianism and Socialism, I have insisted that Oswald Spengler’s arguments therein to be considered relevant in an American context. My justification for this pertains to the idea that Alexander Hamilton and the pro-Hamiltonian faction within the… Read More ›
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