In Socialist countries like the Soviet Union, there is a constitutional basis regarding the implementation of the Work-Standard. For example, the 1936 Constitution of the Union of Soviet Socialist Republics (USSR) included an Article which can be interpreted as an… Read More ›

Is the Value of a good or service determined by the value-judgments and attitudes of the beholder? Or is the Value not informed by anyone in particular and can be measured objectively? Assuming if the Value can be judged intrinsically,… Read More ›

Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. If the Theories of Value concerned how something supports the Value of any given Currency, then the Theories… Read More ›

All Currencies will gain or lose Value over a period of Zeit (Time). Any increase in the Value is called “Appreciation” whereas any decrease in the Value is “Depreciation.” How the Value changes is dependent on the Currency being Kapital or Geld. For… Read More ›

In a currency system like the Work-Standard, it becomes inevitable to envisage Sociable Currencies pegged to it as relying on “Fixed Exchange Rates.” After the Death of Bretton Woods, Neoliberalism abandoned Fixed Exchanged Rates in favor of “Floating Exchange Rates.”… Read More ›