It is generally agreed that the Internet and smartphones are ubiquitous aspects of everyday life in the early 21st century. Everyone uses the Internet to connect with others and everyone else browses on their smartphone when the opportunity arises. It is… Read More ›
Economics
SMP Compendium: Why the “Splinternet” is an Alternative to the World Wide Web (WWW)
Information technologies grew up alongside nuclear technologies in the wake of the Second World War. The most obvious example of their pervasive importance is of course the World Wide Web (WWW). The WWW is the digital medium that everyone uses… Read More ›
SMP Compendium: The Internet, the Y2K Bug, and the Work-Standard’s Mechanization Rate
Information technologies grew up alongside nuclear technologies in the wake of the Second World War. The most obvious example of their pervasive importance is of course the World Wide Web (WWW). The WWW is the digital medium that everyone uses… Read More ›
SMP Compendium: Technology and the War Effort (Pt. I of III)
War is politics. The Military-Industrial Complex is one of the products from the State of Total Mobilization. When it became apparent that industrialization had military implications, nations began to field massive armies and navies from the 19th century onward. The early… Read More ›
SMP Compendium: Technology and the War Effort (Pt. II of III)
On a Russian State cultural media website, there was an article about the Soviet Ruble that featured a Josef Stalin quote which reads: “If a Socialist country pegs its Currency to a Liberal Capitalist Currency, then this Socialist country must forget… Read More ›
SMP Compendium: Technology and the War Effort (Pt. III of III)
“Free to Choose?” “[Economic] Socialization does not mean nationalization by expropriation or theft. It is not all concerned with nominal property, but rather with the techniques of administration. Buying up industries right and left for the sake of some slogan,… Read More ›
Update (30 July 2023)
This is it. The final Section of the Third Edition of The Work-Standard is the last one to be posted. I am going to post them six hours after the Update post goes live. If I am satisfied with the… Read More ›
SMP Compendium: On Formation of Customs Unions and Monetary Unions
If there are already five different Currencies pegged to the Work-Standard, certain accommodations may have to be made for Customs Unions, Political Unions, Economic and Monetary Unions. Anything short of literal annexation through economic means is acceptable and shall be… Read More ›
SMP Compendium: Political-Economic and Currency Unions
As established earlier in the SMP Compendium, the Socialist Nation’s geographical location is impacted by whether it is in the Western world (“developed country”) or outside the Western world (“developing country”). The details of the Work-Standard are broad enough to… Read More ›
SMP Compendium: Potential Feasibility of the Work-Standard as a World Reserve Currency
Even though the Bretton Woods System is dead, the US Dollar still continues to be the “World Reserve Currency.” Everyone knows the Value of the US Dollar within Exchange Rates and everyone outside the Western world clamors for it during… Read More ›
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