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 ›
Economics
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 ›
SMP Compendium: Introduction to the Art of Technology
Another variation of the Political Organization Problem pertains to Technology affecting how various artforms are conducted and how people discuss and critique them. Life imitates art, it is often said, and the type of Total Mobilization being employed affects the artforms in… 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 International Trade and Investment
Unlike regular national economics, the field of international economics covers a broader political dimension that spans the entire planet. It is normal for countries to trade with others to acquire whatever they need for their own economies. In international economics,… Read More ›
SMP Compendium: CMEA’s Fixed Exchange Rates and its Hard Currency Shops
There is no doubt whatsoever that the demise of the Eastern Bloc countries and the Soviet Union by extension came as a direct result of the Death of Bretton Woods. While the Western Bloc and the United States opted for… Read More ›
SMP Compendium: Japan’s Lost Decades and the Rise of Zombie Firms and Zombie Banks
The “Lost Decade” refers to an economic and financial crisis that affected Japan in the 1980s-1990s, the effects of which continues to linger as of late. The Japanese were devastated by the bursting of the asset-price bubble that came as… Read More ›
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