At some point, I am going to complete the “Terminology” section of the SMP Compendium. That section basically outlines the details regarding various recurring terms throughout the SMP Compendium. By completing that section, my hope is that whoever reads the… Read More ›
Economics
The Commanding Heights of Powerball Gambits (Pt. IV of V)
“Socialism is the principle of public service.” In Part I, we began with the live training exercises of the student body at the SSE (Socialist Student Economy). In Part II, we explored the Tournaments of the VCS Economy. And in… Read More ›
Compendium: Supply and Demand
Where there is any conception of Currency, there is a Command and Control (C2) Mechanism facilitating it. And where there is any C2 Mechanism, there is a Unity of Commands with a corresponding Unity of Efforts. Liberal Capitalism itself has… Read More ›
Compendium: Incentive
Every conception of Currency relies on a “Command and Control” (C2) Mechanism. A C2 Mechanism is how we can issue orders to others that they need to carry out, providing resources and information to them as part of fulfilling those… Read More ›
Update (2 September 2021)
With the relevant entries on international trade taken care of, all that remains in the ongoing efforts to complete the SMP Compendium are entries related to the “Important Terminology,” three important ones on how the Work-Standard operates during wartime, various… Read More ›
Compendium: Potential Feasibility of the Work-Standard as a World Reserve Currency
Most of the entries in the SMP Compendium have dealt with the Work-Standard from within the borders of a single Socialist nation-state. The Socialist nation-state described could be any nation claiming to be Socialistic. How its Socialism was made into… Read More ›
Compendium: On the International Movements of Arbeit, Geld, and Information
In the Socialist nation itself, the Totality controls the twin factors in the means of production, Arbeit and Geld. Everyone is expected to live within their own means of production, regardless if there is any international trade or not. Even… Read More ›
Compendium: Applications of Autarkic and Protectionist Trade Policies
Alexander Hamilton has given Socialism its political philosophy on the conduct of international trade. “Protectionism” and “Import Substitution Industrialization” (ISI) are the means of achieving Autarky. Autarky, it should be prefaced, is not an ideal but a strategic goal in… Read More ›
Update (29 August 2021)
I now have enough information on how the Work-Standard operates in the realm of international trade. What’s more, I also figured out how the Soviet Union during the NEP years and the People’s Republic of China’s market reforms, despite their… Read More ›
The Commanding Heights of Powerball Gambits (Pt. III of V)
The goal of monetary policy is to restructure national economies. A market can exist under Planned/Command Economies just as a command can also exist under Market/Mixed Economies. The nuances are subtle and will never be made apparent to anyone without… Read More ›
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