The concept of Property can and will exist under Socialism. The Work-Standard reinforces this fact because it recognizes that the Liberal Capitalist conception of Property is ill-suited for the Total Mobilization of Production for Dasein. What John Locke called “Private… Read More ›
Economics
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: The Transvaluation of all Arbeit
In the former Soviet Union, Yuri Andropov once imposed penalties for tardiness to the workspace and having the work-shy arrested for failing to show up to their workspaces. In the United States, young Americans with university degrees have trouble finding… Read More ›
Update (8 August 2021)
I updated the SMP Compendium with two new entries under “Political Governance of the Work-Standard” and removed two sections, “Philosophical and Theoretical Origins” and “Economic Metrics of Liberal Capitalism and Socialism.” Those two new entries are relevant insofar as they… 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 ›
Neither Utopia nor Dystopia: “Never Forget”
Personally, my patience for any dystopian Utopia and utopian Dystopia can be as dismal as my low opinions of them. Liberal Capitalism promises both at the same time to anyone willing to accept its ideas wholeheartedly. Certain Liberal Capitalist promises… Read More ›
Compendium: Reciprocal-Reserve Banking
Conventional banking practices are going to be revolutionized in response to the Work-Standard. The methodology will be different than how they were in Liberal Capitalism and most historical and existing Socialisms. No other Socialism has been able to realize this… Read More ›
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 ›
Compendium: Taxation and the Work-Standard (Pt. II of III)
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… Read More ›
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