In earlier entries, we discussed how the Liberal Capitalists rely on Gross Domestic Product (GDP) to gauge the valuations of all economic and financial activities within a nation-state. Included in the discussion were the three equations used to calculate the… Read More ›
Economics
Compendium: Work-Standard Formula for Quality of Arbeit
Arbeit is discernible from the outputs of economic and financial activities through the actual production of goods and services. The Value is affected by the balance of Work-Productivity (WP) and Work-Intensity (WI) for 1 Vocation and listed in the national… Read More ›
Compendium: Basic Retail Price Equations and the CPI Formula
For the sake of brevity, I will be using a currency placeholder for all of the equations that relevant to the SMP Compendium instead of any particular real-world currency. This placeholder is identified as a three-letter abbreviation according to the… Read More ›
Compendium: Democracy and the Council State (Pt. III of III)
There are a number of potential disadvantages that may arise while conducting any serious implementation of Councilor governance. Council Democracy, despite overcoming much of the shortcomings with Parliamentary Democracy, still has its own set of disadvantages to offset. These disadvantages… Read More ›
Compendium: Kapital
The term “Kapital” is used in the SMP Compendium to denote all forms of Currency that originate from the economic and financial activities of Liberal Capitalism. The distinct properties and characteristics that go into the creation of Kapital are tied… Read More ›
Compendium: Democracy and the Council State (Pt. II of III)
It is a common misconception by Liberal Capitalists to accuse Council Democracy of promoting “Democratic Backsliding” or “Illiberal Democracy.” Claiming to wield a virtual monopoly on Democracy as a political concept in the economic sense, they perceive any deviation from… Read More ›
Compendium: How the Central Bank sets the Exchange Rates under the Work-Standard
In the entries “How the Economy creates Arbeit” and “How Arbeit is converted into Geld,” all of the important steps on the basic processes of the Work-Standard were laid out. Granted, they were discussed in the context of a single… Read More ›
Update (8-9 June 2021)
Where do I begin with the fact that I missed two days of posts this week? It is understandable for me to take a break on Sunday, but in addition to Tuesday? There must be a reason behind my absence… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. II of VII)
Previously, it was established that the Arbeiter cannot be categorized according to Liberal Capitalist conceptions of political-economic thought. A Liberal Capitalist will always think in terms of “abstractions” in the sense that they will arrive at conclusions based on personal… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. I of VII)
It is always a challenge to figure out how best to explore the deeper meanings and the significance of Ernst Jünger’s 1932 book, Der Arbeiter: Herrschaft und Gestalt (The Worker: Dominion and Form). Der Arbeiter was one of Jünger’s least… Read More ›
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