Two important breakthroughs have been made over the past few days. I created an image that is strongly symbolic of what the Work-Standard is, in addition to finally revealing the Total Productivity Potential (TPP) metric and the variables its equation… Read More ›
Economic Calculation Problem
“Six Alls” of Total Mobilization of Production for Profit
Large volumes of Kapital pour into a Liberal Capitalist Market/Mixed Economy. Its financial markets record massive gains, yielding massive returns in investment. Shares in the stock of ownership across individual firms rapidly soar in Price beyond their actual Value. Speculators… Read More ›
On the Work-Standard’s Order of Equations
It has been almost three months since I had begun my efforts on the SMP Compendium. Two months have also passed since I began outlining the mathematical equations on how the Work-Standard operates. That was in May and June respectively… Read More ›
Are Cryptocurrencies another form of Fiat Currency?
An important question has always been on my mind about the significance of Cryptocurrencies as central banks around the world digitalize the currencies of their nations. It is well-known that Cryptocurrencies were originally conceptualized as a digital currency for sidestepping… Read More ›
Compendium: Total Mobilization of Production for Dasein
Entries related to Arbeit and Geld, Theory of Value, Theory of Money, VCS Economy and Economic Planning, Accounting and Taxation have all raised implications about the appearance of three key variables. Those are Work-Productivity (WP), Solidarity, and Economic Socialization. The… Read More ›
Update: A (Re)Introduction to the “Economic Calculation Problem” (7 August 2021)
Conceptualizations of the Work-Standard and all of its specifications are going quite beautifully. True freedom and peace of mind only exists from within. No government, no legislative motion, no constitutional or legal code can ever guarantee that. This is where… Read More ›